Cryptocurrency market today
The cryptocurrency market today is growing strongly at the same time. Bitcoin today suddenly grew and reached 65,000 USD.
Most altcoins are also in the green today, most notably memecoins. The total cryptocurrency market Capital has now increased to $2.55 trillion on CoinGecko .
BTC skyrocketed to $65,000
Last Monday Bitcoin skyrocketed from around $51,000 to $55,000. BTC rose even further during late trading hours in the United States. Tuesday saw even more gains, as did Wednesday. BTC 's rally peaked as the price rose to $64,000. This figure becomes the highest price since the end of 2021.
Bitcoin ended February with its largest monthly gain in history. However, the next few days, including the weekend, were a lot less volatile and BTC remained stuck at around $62,000.
However, the bullish trend returned when Monday arrived. Just hours earlier today, they pushed the cryptocurrency to a new multi-year high above $65,000. Therefore, BTC is only $4,000 away from its 2021 ATH of $69,000.
Up to now, BTC 's market Capital has reached nearly 1.3 trillion USD. Its dominance over altcoins has increased by 0.5% in a day and is now above 50%.
SHIB, Doge, PEPE are rising again
The past days have been dominated by meme and this continues to happen now. PEPE prevailed once again with a 65% increase. In fact, the meme coin entered the top 50 largest cryptocurrencies and reached a new all-time high today.
BONK followed with a 50% increase that pushed its price to $0.000035. The two largest representatives of this group of digital assets – Dogecoin and Shiba Inu – have increased by 25% and 30%, respectively. As a result, SHIB is closer to surpassing Doge as the largest meme coin.
Cardano and Polkadot have also seen impressive gains of around 8-10% overnight. The rest of the larger-cap Capital are also in the green.
The post Watching the Cryptocurrency Market Today March 4 appeared first on CoinPlus .
