Global Cryptocurrency Market Capitalisation Hits US$3.43 Trillion, Bitcoin (BTC) Rises 1.06%

As of writing, the global cryptocurrency market capitalisation has climbed to US$3.43 trillion, marking a 1.10% increase

As of the latest data, the global cryptocurrency market cap stands at US$3.43 trillion, showing an increase of 1.10% in the past 24 hours. This rise is being driven by broad-based gains across major tokens.

Among the top cryptocurrencies, Bitcoin (BTC) is still the dominant force, with a 1.06% rise to US$109,346.06 and a market cap that surpasses US$2.17 trillion. BTC also maintains a 63.3% market dominance.

Following closely is Ethereum (ETH), which experienced a 1.49% increase to reach US$2,550.94. XRP also joined the ranks of gainers, rising by 1.07% to reach US$2.34.

Among the mid-tier capitalisations, Solana (SOL) saw a gain of 1.85%, pushing the price to US$176.27, while Binance Coin (BNB) edged up by 0.73%, reaching US$671.18.

In the realm of smaller-cap tokens, some decentralised pairs displayed significant surges. ZIMOMO/WBNB experienced a whopping 686% rally, and PEPUMP/SOL showed a 239% increase, highlighting the strong speculative activity in smaller-cap assets.

The market's Fear & Greed Index is currently at 69, which signals a Greed sentiment.

Moreover, altcoin season appears to be subsiding, with a seasonality index score of 27 out of 100.

Trading volume over the past 24 hours has exceeded US$101 billion, with major stablecoins and liquidity flows into high-cap assets being the key drivers of the trading activity.