The global cryptocurrency market surged 2.79% over the past 24 hours, climbing to a total valuation of $3.01 trillion

The global cryptocurrency market saw a surge of 2.79% over the past 24 hours, pushing the total valuation to $3.01 trillion. This surge was driven by standout performances from altcoins and continued strength in bitcoin and ethereum.

Bitcoin (BTC), which still holds a dominant 64.4% share of the crypto market today, rose 3.25% to trade at $97,302 apiece, underpinned by sustained institutional confidence.

On the other hand, ethereum ( ETH), which has 7.4% market dominance, advanced 3.20% to reach $1,827 on Wednesday, showing resilience despite minor hourly pullbacks.

Among altcoins, stacks (STX) and EOS took the lead with respective 24-hour gains of 15.4% and 13.6%. STX, now priced at $0.8794, secured the third spot on the day’s top gainers list, while EOS followed closely at $0.778. Other notable risers included convex finance (CVX) up 13.13%, brett (BRETT) up 11.24%, and popcat (POPCAT), which soared 10.8%.

The day’s top gainer was kaito (KAITO), rocketing 48.06% to $1.262475, fueled by a resurgence of interest. Meme and micro-cap tokens also posted substantial returns, with mog coin (MOG) rising 17.12% and Bitcoin’s dog token (DOG) climbing 10.5% against the U.S. dollar.

However, not all tokens shared in the bullish sentiment. Movement (MOVE) fell sharply by 10.29% to $0.1613, leading the day’s losers. Fartcoin (FARTCOIN) and virtual protocol (VIRTUAL) also tumbled, dropping 10.25% and 8% respectively. Additional losses came from fellaz (FLZ), safe token (SAFE), and beldex (BDX).

Despite some tokens pulling back, today’s overall trend remains decisively positive with broader momentum favoring altcoins over major caps.