Today, December 4, 2024, Ethereum saw a strong 6% increase in its value, climbing to $3,820.
Ethereum (ETH) is up 7.75% on the weekly chart and has a 24-hour trading volume of around $44 billion, boosting its market capitalization to around $450 billion.
Ethereum’s circulating supply currently stands at 120.44 million coins, and its market dominance now sits at 12.89%.
Binance Coin (BNB) also experienced a notable rise of 23.57%, reach a new all-time high at $775.
With a market cap of $111.56 billion and a 24-hour trading volume of $6.28 billion, BNB’s circulating supply is 144.01 million coins.
The other altcoin that experienced a major price surge today is Justin Sun’s Tron (TRX). The cryptocurrency is up almost 50% in the past 24 hours and 76% since last week, currently trading at $0.355.
A surprise rally in Pi Coin has stunned crypto observers, with the token rocketing upward as speculation swirls around an imminent update from its development team.
Dogecoin’s recent rally has reignited enthusiasm across its community, with the asset climbing 36% in just a week.
While retail interest in crypto remains subdued, some analysts believe the market is quietly laying the groundwork for its next breakout.
BlackRock has revised its crypto ETF documentation to address both long-term risks and product efficiency.