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Bitcoin Touches $103K As Crypto Market Cap Rises To $3.27T
By: bitcoin ethereum news|2025/05/11 00:30:09
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The worldwide crypto market has recently made a noteworthy jump in terms of valuation. As per the exclusive market data, the overall crypto market capitalization has reached the $103K spot after a 1.79% increase. In addition to this, the 24-hour trading volume of the crypto sector has touched the $167.88 mark, showing a 4.75% spike. Apart from that, the Fear & Greed Index has also risen to 71 points, indicating significant “greed” among the investors. Bitcoin Trades Near 3K While Ethereum Reaches ,341 Bitcoin ($BTC) is currently trading at the $103,182.44 spot. This price level highlights a 0.30% appreciation over the past twenty-four hours, while the market dominance of Bitcoin stands at 62.7%. Additionally, Ethereum has presented a considerable 5.98% increase during twenty-four hours, reaching the $2,341.76 mark when it comes to price. At present, the top altcoin’s market dominance is 8.6%. $BOME, $MSU, and $TRUMP Dominate Crypto Gainers The top crypto gainers of the day include Book of Meme 3.0 ($BOME), MetaSoccer ($MSU), and BOME TRUMP ($TRUMP). $BOME has seen a notable 915.23% price increase and is currently moving around $0.000000001033. Simultaneously, $MSU and $TRUMP have attained 705.53% and 395.03% jumps at $0.002799 and $0.02210 respectively. DeFi TVL Gains 2.62% Upsurge, Whereas NFT Sales Volume Displays 7.08% Growth The DeFi sector has recorded a 2.62% increase in terms of total value locked, which has reached $112.479B. Specifically, AAVE has become the top DeFi performer with its TVL reaching $23.369B. However, Moar Market is atop the DeFi protocols when it comes to 24-hour TVL growth, attaining the 29118727% mark. Along with that, the NFT landscape displays a 7.08% surge in the sales volume that has touched the $21,470,534 mark. The top NFT collection is Doodles, which has seen a 203.31% upsurge as its sales volume has reached $2,813,496. Binance Alpha Lists $DOOD and Solana v2.2 Outcompetes Ethereum The growing momentum in the crypto market has recently led to several positive developments. A key move in this respect is the listing of Doodles ($DOOD) on Binance Alpha for trading. Moreover, the German government has shut down the crypto exchange “eXch” and seized its $38M in top crypto assets like Bitcoin and Ethereum. Furthermore, Solana’s v2.2 release shows a 20% boost in performance to outperform Ethereum, irrespective of its recent update. Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology. Source: https://blockchainreporter.net/bitcoin-touches-103k-as-crypto-market-cap-rises-to-3-27t/
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