The global crypto market capitalization surged 1.23 percent over the last 24-hours to stand at $2.60 trillion. Bitcoin, currently trading at $57,517 also saw a rise in its market dominance by about 0.28 percent over the last day to rise at 41.92 percent.
The total cryptocurrency trading volume over the last 24-hours was $137.06 billion, increasing by 9.65 percent. While DeFi ($18.03 billion) accounted for 13.16 percent of the total crypto volume, stablecoins ($103.77 billion) made for 75.71 percent of the crypto market's 24-hour market volume.
As for major cryptocurrencies, Bitcoin rose by 2.12 percent, in addition to Ethereum ($4,303), which surged by 1.10 percent. Binance Coin ($601), the third-largest cryptocurrency by market
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