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Bitcoin Surges Above $70K as Market Cap Hits $2.72T Amid Extreme Greed

  • Bitcoin surpasses $70,000, boosting market capitalization to $2.72 trillion, despite a slight 0.54% dip.
  • Dogecoin and Ethereum see fluctuations, trading at $0.1654 and $3,706.39, respectively. 
  • Toncoin drops 5.84%, while zkRace, Drift Protocol, Higher, and Amulet Protocol lead gains with impressive surges.

CryptoRank.io, an analysis platform, has reported a notable change in the crypto market, with Bitcoin surpassing the $70K mark. This achievement has propelled the market cap to $2.72T, despite facing a slight decrease of 0.54%. Besides, the dominance index of Bitcoin has dropped by 1.17%, reaching 50.54%. The Fear and Greed Index shows an extreme greed sentiment at 76, suggesting a potential market shift.

Bitcoin’s rise is accompanied by a range of results for the top ten crypto assets. CryptoRank noted Ethereum and DOGE price surge though they later plummeted. DOGE meme coin presently trades at $0.1654 and has dropped by 3.30%. With 144.39B DOGE coins in circulation, it has a market cap of $24.16B and a trading volume of $2.83B. Ethereum is priced at $3,706.39 and has dropped by 2.47% over the last 24 hours. The ETH rise stemmed from speculations regarding a spot ETF approval by the SEC.

Conversely, Toncoin’s TON faces a dip of 5.84%, now priced at $6.29. It records a daily trading volume of $235.73 million and a market cap of $21.87 billion, with a circulating supply of 3.47 billion TON coins.

Among the top gainers, zkRace (ZERC) stands out with a surge of 22%, trading at $0.3344. It has a daily trading volume of $7.16 million and a market cap of $48.58 million, with all 120 million ZERC coins in circulation. Drift Protocol (DRIFT) surges with a 36% rise, now priced at $0.6458. Its trading volume hits $102.67 million, with a market cap of $98.36 million and 157.94 million DRIFT coins circulating.

As per CryptoRank’s data, Higher (HIGHER) also experienced a significant jump of 56.6%. However, over the past 24 hours, the token declined by 5%, reaching $4.20. It has a trading volume of $22.85M and a market cap of $212.82M, with 50.37M HIGH coins in circulation. Similarly, Amulet Protocol (AMU) rose by 57% to $0.07063. It reports a trading volume of $4.02M and a market cap of $12.82M, with 209.5M AMU coins circulating.

ConstitutionDAO (PEOPLE) increased by 28%, trading at $0.06236. It records a daily trading volume of $486.10 million and a market cap of $317.29 million, with 5.06 billion PEOPLE coins circulating.

The post Bitcoin Surges Above $70K as Market Cap Hits $2.72T Amid Extreme Greed appeared first on CryptoTale.



This post first appeared on Bitcoin Eyes $60,000 In Potential V-Reversal Trend Amid Market Changes, please read the originial post: here

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Bitcoin Surges Above $70K as Market Cap Hits $2.72T Amid Extreme Greed

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