Cryptocurrency market continues to rally, with total market capitalisation rising to US$3.36 trillion

The cryptocurrency market continues to rally, with total market capitalisation rising to US$3.36 trillion — up 1.81% over the past 24 hours — driven largely by strong gains in major tokens including Bitcoin (BTC), AAVE and Ethereum (ETH).

Crypto market capitalization now stands at US$3.36 trillion, showing a 1.81% increase over the past 24 hours, according to the latest data from CoinGecko.

This rally is largely driven by strong gains in major tokens. Bitcoin (BTC) saw a 1.56% rise, pushing it to US$106,136.90, and maintains a dominant 62.8% share of the crypto market.

Following closely is Ethereum (ETH), which saw a 7.38% daily gain, reaching US$2,574.30 and contributing to 9.2% of market dominance.

In other developments, altcoins also showed strength, particularly AAVE, which surged by 20.64% to US$265.49, making it one of the top-performing tokens today.

Chainlink (LINK) saw a 6.12% rise to US$16.23, and XRP experienced a modest 0.67% increase, trading at US$2.38.

Market sentiment remains in ‘Greed’ territory with a Fear & Greed Index score of 68, while total daily trading volume showed a 2.03% increase, reaching US$136.26 billion.

Among trending tokens on decentralised exchanges, AI-themed SKYAI and meme coin Fartcoin posted notable gains, with the latter climbing 5.07% against SOL.

The Altcoin Season Index stands at 23, indicating that Bitcoin continues to outpace most altcoins in performance, although select projects are showing strong upside.