Top placed coin BTC observed 11% rise in last 24 hours. BTC which was struggling to maintain $27,000 worth a couple of days ago bounced back and currently BTC is trading around $30,320. Overall BTC observed 17% rise in last one week. Toda's rise will help BTC to capture 50.2% of the total market share.
Second placed coin Ethereum observed 7.1% rise in last 24 hours. Currently Eth is trading around $1,872. ETH held a market share of 19.2% of the total market cap. Worth of BTC & ETH is around 69.4% of the total market cap. This reveals the influence of top 2 coins over other coins.
USDT is placed at third place with a marketcap of $83 Billion. Even fourth placed coin BNB which was under immense due to filing a lawsuit against Binance observed 3.5% rise in last 24 hours. Currently coin is trading around $251.
It is good to see that not only top notch coins like BTC, ETH and BNB gained worth other altcoins also observed growth. Our Blockchain coin Hive observed 5.7% rise in last 24 hours. Overall green color dominated the market.
Crypto market badly required green color dominance in the market. It will help to build investors trust over market and we observe more cash flow in the market in upcoming days.
Although market observed a 9.1% rise today, but it may be reverted tomorrow. Better to cash out your asset which has incresed from the buying amount. I am not talking aobut Cake token which is still more than 97% down from its all time high worth. I hope the bullish run will continue in next few days. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and propserous life ahead. Have a nice time.