Bitcoin Hits Record $71K as Crypto Market Cap Swells to $2.78T

By CryptoTale
6 months ago
BTC ORN RARI FORT
  • Bitcoin's new $71K ATH leads a market surge to $2.78T, with a notable 49.9% BTC dominance.
  • Altcoins like district0x, Forta, and Rarible witness massive gains, signaling diverse investor interest in blockchain applications.
  • Despite Bitcoin's record high, Dogecoin faces a 2.31% drop, highlighting the impact of social media and celebrity influence.

Bitcoin has achieved a new all-time high, hitting $71K amidst varying performances from the top ten cryptocurrencies. This recent spike has contributed to the overall market capitalization climbing to $2.78 trillion, marking a 1.1% increase. The Bitcoin dominance metric has experienced growth, now standing at 49.9%. This 0.63% rise indicates Bitcoin's increasing influence within the cryptocurrency market.

A remarkable surge in activity is noted among several cryptocurrencies, with district0x leading the pack. The digital asset district0x has seen an extraordinary increase of 87.2%, positioning it as the top gainer within the last 24 hours. Following close behind, Forta has experienced a 56.6% uptick in its value.

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