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Cryptocurrency News Articles
Crypto Market Cap Jumps 2.28% to $3.21 Trillion as Bitcoin Dominance Strengthens to 60.04%
Feb 20, 2025 at 02:33 pm
The crypto business has awakened to a strong recovery, with an uptrend across top digital assets. The renewed interest led to the crypto market cap
The crypto market cap has risen by 2.28% to reach $3.21 trillion, indicating a renewed interest from investors.
Bitcoin's market dominance has strengthened to reach 60.04%, as it gained 2.04% in 24 hours.
XRP led the major altcoin gains with a 7.88% surge, followed by Solana at 3.97%.
The crypto industry has woken up to a recovering day, with an uptrend seen across top digital assets. This renewed interest led to the crypto market cap rising by 2.28% to reach $3.21 trillion. Despite a 22.77% drop in overall trading volume, investor sentiment remained largely neutral, with the Fear & Greed Index at 40. The numbers come after the central bank left the key interest rate in the range of 4.25% to 4.5% in the latest FOMC meeting.
Bitcoin Leads Market Rebound
Bitcoin soared by 2.04% over the past 24 hours, strengthening its market share at 60.04%. While trading volume saw a notable decline of 26.42%, market momentum remained positive. The flagship cryptocurrency now boasts a market cap of $1.925 trillion, signaling sustained interest from both retail and institutional investors.
For a deeper look into the future prices of Bitcoin, check out our Bitcoin Price Prediction 2025, 2026-2030.
Altcoins Today: ETH, XRP & SOL Go Green
Both Ethereum and Solana posted steady gains, at 1.74% and 3.97%, respectively. However, XRP emerged as the standout performer among major altcoins, surging by 7.88% on its daily charts. In other news, the listing of Pi Network’s PI Coin took the market by storm.
Check out our Ethereum Price Prediction 2025, 2026-2030 for insights into ETH’s upcoming price moves.
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FAQs
Bitcoin has gained 2.04% in the last 24 hours, with its market cap reaching $1.925 trillion
XRP led the major altcoins with a 7.88% surge, while IP saw the biggest overall gain at 39.02%.
The Fear & Greed Index stands at 40, indicating neutral sentiment despite the ongoing rally.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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