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Cryptocurrency News Articles
Global cryptocurrency market grew on Sunday, reaching a total value of $3.34 trillion
May 12, 2025 at 03:07 pm
The global cryptocurrency market cap grew on Sunday, reaching $3.34 trillion, marking a 1.42% increase in the past 24 hours.
Bitcoin (BTC) remains the top cryptocurrency, trading at $104,780, showing a 1% gain in a day and 9.77% rise over the week. Ethereum (ETH) had a stronger rally, jumping 4.71% in one day and 37.83% in a week, reaching $2,522.86.
Among altcoins, Solana (SOL) performed well, surging 19.42% this week to $173.96. BNB and XRP also gained significantly, with 10.88% and 8.74% increases, respectively.
Market activity increased overall, with daily trading volume reaching $137.7 billion, showing a 4.90% rise.
Some of the biggest daily gainers were:
* RNDR (RISC) had the largest gain of 35.74%.
* VC (VCOIN) followed with a 26.34% increase.
* RSR (RISER) showed a gain of 21.42%.
The largest loser was Ultima (ULTIMA), which fell by 14.42%.
In the past 24 hours, crypto derivatives worth $451.3 million were liquidated, highlighting high market movement and risk.
Bitcoin and Ethereum together now make up 71.3% of the total market. The current market strength is attracting more investors, but experts advise careful planning due to rapid changes in market sentiment.
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