Crypto Market Surges 6% Amid Strong Gains in BTC and ETH
The global cryptocurrency market surged 6% to $2.73 trillion in the last 24 hours, driven by gains in Bitcoin and Ethereum, as well as strong DeFi growth.
Bitcoin's price rose 4.4% to reach $78,024.41, while Ethereum increased by 7.2% to $2518.27. The largest gainers among top cryptocurrencies include Sui, which jumped 16.6%, and XRP, up 15.9%.
The market's rally was accompanied by a slight easing of the Fear & Greed Index from 72 to 71, indicating that investors are still cautious despite the strong gains.