Bitcoin Stands Tall at $69,000; DOGE Keeps Pumping
Bitcoin Stopped at $69K
The primary cryptocurrency, Bitcoin (BTC), continued its impressive performance in the past 24 hours, reaching a milestone by tapping $69,000 for the first time since July 29. Although it failed to sustain its position above this level, it still stands above $68,000 after a minor retracement.
Market Capitalization Reaches a New High
As of today, Bitcoin’s market capitalization stands tall at $1.350 trillion on CoinGecko (CG), with its dominance over the altcoins at a multi-year peak of over 55%. This surge in dominance has been attributed to the significant gains made by Bitcoin, which has led to a shift in the market’s focus away from altcoins.
DOGE Keeps Pumping
The biggest gainer among the larger-cap altcoins, aside from DOGE, has been DOGE itself, which has doubled down on its recent massive run. The OG meme coin has surged by 6.5% in the past 24 hours, reaching a multi-month peak of $0.144. Speculations are emerging about whether DOGE could jump to $1 during the current market cycle.
Alts’ Volatility
The rest of the larger-cap altcoins, including ETH, BNB, XRO, TRX, and LINK, have experienced minor losses. In contrast, SOL, TON, ADA, AVAX, and SHIB have posted insignificant gains. WLD has emerged as the top performer among the largest 100 cryptocurrencies, with a significant 13% surge.
Market Overview
The total crypto market cap has added approximately $15 billion and now stands at $2.450 trillion on CoinGecko. This growth can be attributed to the impressive performance of Bitcoin and DOGE, as well as the continued interest in the cryptocurrency market.
FAQs
Q: What is the current market capitalization of Bitcoin?
A: As of now, Bitcoin’s market capitalization stands at $1.350 trillion on CoinGecko.
Q: What is the current market capitalization of the cryptocurrency market?
A: The total crypto market cap has added approximately $15 billion and now stands at $2.450 trillion on CoinGecko.
Q: Which altcoin has been the top performer among the largest 100?
A: WLD has emerged as the top performer among the largest 100 cryptocurrencies, with a 13% surge.
Q: What is the current price of DOGE?
A: DOGE currently stands at a multi-month peak of $0.144.
