Cryptocurrency market capitalisation climbs 2.02% to US$3.26 trillion

The cryptocurrency market advanced further into bullish territory as total market capitalisation climbed 2.02% to US$3.26 trillion

Cryptocurrency prices advanced further into bullish territory as total market capitalisation inched up 2.02% to US$3.26 trillion by 11:03 am ET (4:03 pm CET).

Major tokens such as Bitcoin and Ethereum saw moderate gains, while altcoins continued to attract speculative interest, indicated by large trading volumes on decentralised exchanges.

Top Gainer (24 Hour) Tables

As of 11:03 am ET (4:03 pm CET)

The cryptocurrency market showed signs of sustained bullish interest as total market capitalisation inched up 2.02% in the past 24 hours, according to CoinMarketCap data.

Major tokens such as Bitcoin and Ethereum saw moderate gains, suggesting ongoing buying pressure despite recent price surges.

Meanwhile, altcoins continued to attract speculative interest, indicated by large trading volumes on decentralised exchanges and the popularity of memecoins within the Solana network.

Bitcoin extended its momentum, trading at US$102,017.75, up 1.73% in the last 24 hours and over 8% in the past week. BTC dominance remained firm at 62.1%, reinforcing its position as the market’s anchor amid renewed institutional and retail interest.

Bitcoin price chart (BTC).

Its price hovered above key technical levels, suggesting sustained demand despite market narratives regarding a potential Bitcoin bubble.

Relative Strength Index (RSI) also indicated overbought conditions, hinting at potential near-term price corrections. However, the lack of significant sell-side pressure and sustained capital flows suggest that any pullbacks could be met by buyers.

Bitcoin price chart (BTC).

Capital flows into cryptocurrency markets remained strong, driven by macro events such as US-China tariff cuts and potential US-Iran nuclear deal talks.

The crypto fear and greed index also stood at 71, signalling extreme greed among market participants.

While macroeconomic uncertainty persists, especially with the US Federal Reserve’s interest rate decisions, overall sentiment among traders and investors remained bullish.

According to crypto analytics firm Glassnode, Bitcoin’s hashrate touched a new all-time high this week, indicating strong hasher activity and network security.

Hashrate is a measure of the total computing power used to mine Bitcoins and is a key indicator of network health and decentralisation. A higher hashrate generally renders the blockchain more secure and resistant to attacks.

Bitcoin hashrate chart.

In the decentralised exchange space, SKYAI/USDT emerged as the top-performing pair, rallying 31.63% to US$0.06135.

On the other hand, IKUN/SOL surged more than 9,999%, highlighting the ongoing appetite for high-risk, high-reward meme tokens within the Solana network.

Tether (USDT), the largest stablecoin, remained pegged at US$1.00 with over US$128 billion in 24-hour trading volume, reflecting its continued use as a liquidity bridge across exchanges.