Altcoin Surge Drives 2.01% Crypto Market Cap Rise to $3.97 Trillion
The cryptocurrency market has experienced a significant upward shift, primarily driven by altcoin activity. Over the past 24 hours, the total market capitalization of cryptocurrencies has risen by 2.01%, reaching $3.97 trillion. Trading volume across the sector has also increased, rising 9.37% to $169.09 billion. This growth is reflected in the Crypto Fear & Greed Index, which has climbed to 59, signaling a gradual transition into the “Greed” territory [1].
Bitcoin (BTC) has recorded a 0.95% increase in the last 24 hours, trading at $118,083.91. While the leading cryptocurrency remains a dominant force, its market share has dipped to 59.3%, indicating a shift in investor preference toward alternative assets. Ethereum (ETH),…