© Reuters
NEW YORK – Bitcoin has surpassed the $43,000 mark, helping to increase the global cryptocurrency market capitalization to $1.61 trillion. The leading digital coin ended trading near $43,106, asserting its market dominance at around 53.5%. This growth is part of a broader rally witnessed across the crypto landscape.
Ethereum, another major player in the crypto space, also benefited from the bullish sentiment, with its value rising to around $2,237. Meanwhile, there was a significant jump, trading at around $75.72, as investors eyed its performance.
Other cryptocurrencies have experienced varying movements and produced modest gains. Litecoin is almost $71 while Ripple is priced at $0.6126. also increased slightly by nearly one percent.
However, not all digital assets are gaining momentum. The SEI token leads the pack with a significant increase in value, contrasting sharply with memecoin BONK which has seen a sharp decline of over eleven percent. INJ and STX joined the list of top gainers on the day, while ICP and LUNC were among those facing declines.
The overall market optimism is partly due to initiatives such as Galaxy Digital’s efforts to revive defunct cryptocurrency projects, signaling the potential to strengthen investor confidence in the sector. This.
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