Crypto Price Today Live: Bitcoin above $24,500; Ethereum, BNB rise over 7%

economictimes.indiatimes.com:

cryptocurrency market was trading higher on Thursday, with Bitcoin (BTC) rallying over 11% to $24,582, whereas Ethereum (ETH) was above the $1,650 level. BTC volume in the last 24 hours stood at approximately $36.77 billion, rising 36.42% in the last 24 hours. «Bitcoin hovered above the $24,000 level after trading lower for several days. This surge is due to investors liquidating their positions, pushing the price higher. Compared to its low point a month ago, BTC has increased by 61%. In the past 24 hours alone, BTC surged by more than 11%, reaching this level for the first time in two weeks. If bullish investors maintain their momentum, BTC may reach US$25,000 soon. Overall, there is bullish sentiment in the market,» Edul Patel, Co-founder and CEO at Mudrex said. Other top crypto tokens were also trading higher on Thursday. Polygon surged 9.6%. Solana, Cardano, Shiba Inu and BNB were also trading with gains. The global cryptocurrency market cap was trading higher around $1.11 trillion, rising 7.98% in the last 24 hours.

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The total volume in DeFi is currently $6.65 billion, 8.92% of the total crypto market 24-hour volume. The volume of all stablecoins is now $67.66 billion, which is 90.85% of the total crypto market 24-hour volume. The market cap of Bitcoin, the world's largest cryptocurrency, was around $474.20 billion, with a dominance of about 42.61%, an increase of 1.07% over the day, according to