Crypto Price Today: Bitcoin holds above $34,000; Dogecoin, Toncoin jump over 6%
cryptocurrency market cap surged nearly 1% to around $1.33 trillion in the last 24 hours.
Bitcoin was up 0.16% at $34,930 as of 12:10 p.m., while Ethereum was just below the $1,900 level.
Other popular altcoins, including Dogecoin and Toncoin, rose over 6% each. BNB, Cardano, Solana, Polygon, Polkadot, and Litecoin also surged.
Meanwhile, XRP advanced 3% amid Ripple’s involvement with noteworthy projects including a newly announced CBDC pilot in Georgia and its inclusion in Dubai’s virtual assets regime.
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View Details»«Bitcoin is consolidating in a tight range between $34,800 and $35,200. This is an indication that traders are patiently waiting for its next big move — up or down. Bitcoin needs to hold $34,200 as support to ensure it can rally further in weeks ahead,» said Vikram Subburaj, CEO of Giottus Crypto Platform.
The total volume in DeFi is currently $4.89 billion, 11.98% of the total crypto market 24-hour volume. The volume of all stablecoins is now $36.08 billion, which is 88.44% of the total crypto market 24-hour volume.
In the last 24 hours, the market cap of Bitcoin, the world's largest cryptocurrency, surged to $682 billion. Bitcoin's dominance is currently 51.45%, according to CoinMarketCap. BTC volume in the last 24 hours surged 4.01% to $13.02 billion.
«In the current trading environment, Bitcoin is hovering around $34,918 with minor daily swings, anchored by a pivotal point at $34,662. It
