Growth has been observed across major assets in the cryptocurrency market over the past 24 hours, APA-Economics reports, citing CoinMarketCap.
The global cryptocurrency market capitalization increased by 4.58% to reach $2.36 trillion. The CMC20 index rose by 5.51% to 142.56 points.
Over the last 24 hours, among the top 10 assets, Bitcoin (BTC) increased by 4.88% to $68,752.97. Ethereum (ETH) rose by 8.62% to reach $2,076.44.
BNB gained 5.88%, Monero (XMR) 5.37%, Zcash (ZEC) 6.60%, and Bittensor (TAO) 5.99%.
PAX Gold (PAXG) increased by 0.06%, Tether Gold (XAUt) by 0.05%, while Bitcoin Cash (BCH) declined by 0.28%.
Analysts attribute the positive market dynamics mainly to increased capital inflows into ETFs and rising risk appetite in global financial markets.