BTC Climbs Past $66K, Crypto Market Cap Surges to $2.60T
Release: 2024/03/05 21:07 Reading: 642
- As market cap reaches $2.60T, up 3.54%, top 10 cryptos see gains and $DOGE leads with +10.9%.
- Bitcoin maintains 50.19% dominance as it crosses $66K with the market showing 'Extreme Greed' with Fear & Greed Index at 90.
- $GST and $MIR surged while token unlocks for $5IRE, $OP, and $GAL injected millions into the market.
Recent market dynamics by the analytics platform, CryptoRank, have highlighted a significant surge in digital currency values, with Bitcoin leading the charge above the $66,000 mark. This upward trajectory is not isolated to the pioneering cryptocurrency alone but is reflected across the board, signaling a robust period of growth within the sector.
The market capitalization has reached a notable $2.60 trillion, marking a 3.54% increase. The crypto community is witnessing a wave of optimism, underscored by a remarkable 90-point rating on the Fear & Greed Index, indicative of extreme greed.
The buoyancy in the crypto market is further exemplified by the performance of the top-10 cryptocurrencies, all of which are currently basking in positive gains. Dogecoin, Ethereum, and Bitcoin are leading the pack with respective increases of 10.9%, 6.40%, and 4.64%. This positive momentum reflects a growing investor confidence in digital currencies as viable investment assets.
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