The global cryptocurrency market saw a notable uptick Sunday, climbing to a total market capitalization of $3.34 trillion, a 1.42% increase in 24 hours.
Crypto Market Cap Surges to $3.34 Trillion as Ethereum, Altcoins Lead Massive Rally
📈 The global cryptocurrency market is on fire, reaching a market capitalization of $3.34 trillion — a 1.42% gain in the past 24 hours — as Ethereum, Solana, and other altcoins power ahead in a broad-based rally.
🚀 Ethereum, Solana, and Altcoins Outperform Bitcoin
While Bitcoin (BTC) continues to lead the pack, trading at $104,780 (+1% daily, +9.77% weekly), Ethereum (ETH) is the real standout, jumping 4.71% today and 37.83% over the past week to $2,522.86. Altcoins like Solana (SOL) surged 19.42% weekly to reach $173.96, while BNB and XRP notched weekly gains of 10.88% and 8.74%, respectively.
Approximately $451.3 million in crypto derivatives positions were liquidated in the past day, according to coinglass.com stats.
Together, BTC and ETH still dominate the market with a combined 71.3% share, but smaller altcoins are capturing increasing attention from traders and investors.
📊 Derivatives Liquidations and Trading Volume Surge
Data from Coinglass shows over $451.3 million in crypto derivatives liquidations in just 24 hours — a sign of rising market volatility. At the same time, daily trading volume rose by 4.90% to hit $137.7 billion, signaling a surge in investor activity.
🔥 Top Movers of the Day
-
PI Network (PI): +49.86%
-
Casper Network (CSPR): +47.96%
-
Peanut the Squirrel (PNUT): +39.10%
-
Ultima (ULTIMA): -14.42% (biggest daily loser)
🌐 What’s Next for the Market?
The crypto market is showing broad strength, with both blue-chip tokens and smaller-cap coins rallying amid heightened investor enthusiasm. However, fast-moving conditions and high volatility mean that strategic positioning and caution are essential for those looking to capitalize on the momentum.
💬 What’s your take? Is this the start of a new bull run or just a short-term bounce? Drop your thoughts below and join the conversation!
3 Comments