Hold onto your hats, crypto enthusiasts! The digital currency universe is buzzing as the total market cap rockets past a whopping $2.6 trillion. It's a week for the history books, and we're just getting started!
Bitcoin, the heavyweight champ of crypto, hit a jaw-dropping all-time high of $76,500 today. Though it has cooled down a bit, holding steady around $75,000, it’s still strutting its stuff with a solid weekly gain.
Meanwhile, the altcoin arena is stealing the spotlight! Ethereum has broken free, surging up 8% to cross the $2,800 mark for the first time in months. Not to be left behind, PEPE and AAVE are dancing in the double-digit gain zone.
What a rollercoaster it's been! Earlier this week, Bitcoin took a nosedive below $67,000, as the world held its breath for the US presidential elections. But as the election dust began to settle, Bitcoin went on a wild bull run, smashing through its previous March record to set a new high.
Even though it’s taken a breather, sitting at $75,000, Bitcoin is still flexing with a 4% weekly increase. Its market cap is flexing too, surpassing $1.480 trillion. However, its grip on the altcoins has loosened a bit, with dominance dipping to 56.2%.
Ethereum, the comeback kid, has finally risen from its slumber with an 8% jump. That's right, the second-largest crypto has hit a three-month high over $2,800. XRP, ADA, LINK, and AVAX are also riding the wave, while DOGE has taken a slight step back.
And let’s not forget the high-flyers like ENA, up 32%, and RAY, soaring 30%. NEIRO, LDO, AAVE, and PEPE are also making waves with impressive gains.
The crypto cosmos has added a cool $50 billion overnight, reaching a thrilling multi-month peak of nearly $2.650 trillion. So, stay tuned and keep your eyes peeled for more electrifying action in this roaring market!
