The cryptocurrency market was on an upward trend today, with most cryptocurrencies seeing price increases. According to data from CoinMarketCap, the total crypto market cap has reached $3.906 trillion.
Bitcoin and Ethereum performance
Bitcoin, the largest digital asset, has gained 0.64% in the past 24 hours and is currently trading at $118,275. Bitcoin’s market dominance has also increased to 60.25%, indicating high investor confidence in the asset.
Ethereum is also following the market, registering a 1.03% increase, trading at $3.789.
Today's most profitable cryptocurrencies
According to data released by CoinMarketCap, PumpFun (PUMP) was the most profitable cryptocurrency today with a price increase of 13.66%. Hedra (HBAR) followed with a 12.09% increase and Cronus (CRO) with a 7.69% increase.
The main losers of the market
On the other side of the market, Hyper Liquid (HYPE) was the biggest loser, falling 2.75%, followed by Bank (BONK) down 2.67% and Floki (FLOKI) down 1.61%.