Bitcoin and Ethereum Lead Crypto Rally as Market Cap Hits $3.83 Trillion

The cryptocurrency market is showing positive momentum, with the total market capitalization reaching $3.83 trillion, up 2.17%.

The CMC20 index stands at $243.03, reflecting a 2.02% increase. Market sentiment remains cautious with a Fear & Greed Index at 33 (Fear), while the average crypto RSI is 56.73, indicating a balanced market. The Altcoin Season Index is at 28/100, showing Bitcoin still leads over altcoins.

Bitcoin and Ethereum Lead the Gains

Bitcoin (BTC) continues to dominate with a price of $113,356.69, up 2.05% in the last 24 hours and a market cap of $2.26 trillion.

Ethereum (ETH) follows at $4,079.36, marking a 2.51% increase in the past day and a market cap of $492.37 billion. Both coins show steady growth, reflecting investor confidence despite prevailing market fear.

Stablecoins and Altcoins Show Mixed Performance

Tether (USDT) remains stable at $1.00, while USD Coin (USDC) holds the same value with minimal fluctuations. Among altcoins, BNB is priced at $1,106.44, down 9% over the last week, and Solana (SOL) sits at $196.23, showing a 2.22% weekly decline despite a 3.58% daily gain. XRP is performing well at $2.51, with nearly 1% growth over seven days, and Dogecoin (DOGE) rises slightly to $0.2038.

Trading Volumes and Supply Trends

The market shows robust trading activity, with Bitcoin seeing a 24-hour volume of $77.13 billion, Ethereum at $41.19 billion, and Tether leading stablecoin trading at $154.08 billion. Circulating supplies include 19.93 million BTC, 120.69 million ETH, and 181.95 billion USDT, demonstrating consistent liquidity across major networks.