Cryptocurrency Price on March 4: Bitcoin trades above $63,000; Dogecoin, Shiba Inu jump up to 11%
Dogecoin, Shiba Inu, and Polkadot surged up to 11%. However, a few of the top crypto tokens such as Avalanche, Chainlink, Polygon, Solana, and XRP were the laggards.
Meanwhile, the global cryptocurrency market cap surged 1.5% to around $2.38 trillion in the last 24 hours.
«Bitcoin traded above the $63,000 mark over the weekend. The upswing in price is attributed to growing mainstream adoption of spot Bitcoin ETFs and the approaching Bitcoin Halving event. BTC is eyeing towards $67,150 resistance level, if the momentum continues, a close above it this week could signal the potential for a new all-time high,» said Edul Patel, CEO of Mudrex.
Meanwhile, Shivam Thakral, CEO of BuyUcoin, said, «Ethereum, on the other hand, is trying to break the $3,600 level, which could potentially push the second-largest cryptocurrency beyond $4,000.»
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View Details»The total crypto market volume over the last 24 hours is $110.12B, which makes a 28.38% increase. The total volume in DeFi is currently $9.6 billion, 8.71% of the total crypto market 24-hour volume. The volume of all stablecoins is now $129.27 billion, which is 88.33% of the total crypto market 24-hour volume, as per data available on CoinMarketCap.
In the last 24 hours, the market cap of Bitcoin, the world's largest cryptocurrency, surged to $1.244 trillion. Bitcoin's dominance is currently
