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Cryptocurrency News Articles

The Crypto Market Is Glowing Green Today: Here's Why

Nov 29, 2024 at 01:00 am

With a 2.64% jump in a day pushing the global market cap to $3.47 trillion, the crypto market is glowing green today.

The Crypto Market Is Glowing Green Today: Here's Why

The global cryptocurrency market is experiencing a surge in value today, with the total market capitalization rising by 2.64% to reach $3.47 trillion. This increase is being driven by a renewed fear of missing out (FOMO) among investors, as well as a surge in Open Interest, which now stands at $120 billion.

While the majority of the top 100 crypto coins are still showing gains, there are eight tokens that are experiencing minor losses. However, most of these drops are less than 1%, indicating that the market is still largely solidifying its position.

Here's a closer look at how Ethereum, Bitcoin, JetBolt, and Solana are contributing to the crypto market's upward momentum today.

Ethereum (ETH) price gains: ETH's bullish push in the market

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