The cryptocurrency market was on an upward trend today, with some cryptocurrencies experiencing price increases. According to data from CoinMarketCap, the total crypto market cap has reached $2.64 trillion.
Bitcoin and Ethereum performance
Bitcoin, the largest digital asset, has gained 3.76% in the past 24 hours and is currently trading at $78,514. Bitcoin’s market dominance has also increased to 59.32%, indicating high investor confidence in the asset.
Ethereum is also trading at $2,321, following the market trend, recording a gain of 7.37%.
Today's most profitable cryptocurrencies
According to data released by CoinMarketCap, Hyper Liquid (HYPE) was
the most profitable cryptocurrency today with a price increase of 22.43%. After that, Stax (STX) showed a positive performance with a price increase of 18.57% and Morpho (MORPHO) with a price increase of 15.96%.
The main losers of the market
On the other side of the market, Monero (XMR) was the biggest loser, falling 5.25 percent, followed by ZCash (ZEC) down 3.76 percent and Chiliz (CHZ) down 3.14 percent.