The global cryptocurrency market cap currently reaches an impressive $3.22 trillion, indicating a decrease of -2.24% over the past 24 hours. Bitcoin (BTC), one of the flagship cryptocurrencies, has shown significant volatility, trading within a range of $89,257 to $96,475 throughout the last day. As recorded at 09:30 AM (UTC) today, Bitcoin's price stands at $96,422, reflecting a noteworthy increase of 3.89%.
This bullish momentum is mirrored by many other major cryptocurrencies which are also trading higher, showcasing a positive trend in the market. Among the standout performers by market capitalization are AIXBT, CGPT, and LQTY, which have surged by 40%, 24%, and 20%, respectively. The latest happenings in the cryptocurrency sphere feature significant developments, including the UK Government unveiling an AI Opportunities Action Plan aimed at enhancing both the economy and public services, illustrating a move toward innovative technologies.
Furthermore, projections suggest that XRP and SOL exchange-traded products (ETPs) could attract net inflows totalling an impressive $15 billion, a claim supported by JPMorgan, indicating the growing interest in these digital assets. Market updates reveal the following performance of popular cryptocurrencies: ETH is priced at $3,235.25, showing a gain of 2.55%, while XRP is currently at $2.5765, skyrocketing by 6.57%.
BNB remains strong at $695.02, up by 3.39%, and SOL has risen to $188.64, reflecting a 4.91% increase. Other currencies also in the green include DOGE at $0.3489, up 8.12%, ADA at $0.98 with a rise of 6.63%, TRX at $0.2253, slightly edging up by 0.99%, and AVAX priced at $36.02, enjoying a 5.01% gain.
SUI, demonstrating resilience, is trading at $4.7086, up 6.63%, while TON's value has increased to $5.282, up 3.55%. On the Binance exchange, the top gainers include AIXBT/USDT with a remarkable increase of 40%, CGPT/USDT rising by 24%, and LQTY/USDT showcasing a growth of 20%. Overall, the cryptocurrency market remains dynamic and robust, with strong movements across various assets, reflecting a fervent trader interest and potential opportunities for investors..