In the past 24 hours, the cryptocurrency market has surged by 3.14%, climbing from $2.075 trillion to $2.14 trillion. This notable increase is led by a significant 4.98% rise in Bitcoin’s price, which has successfully reclaimed the $61,000 level.Bitcoin’s trading volume has surged to $28.684 billion, marking a 48.46% increase over the previous day. The cryptocurrency hit a 24-hour high of $61,249.56 and a low of $57,864.71. This rebound highlights Bitcoin’s strong performance in recent trading sessions.Ethereum has also experienced a positive move, with its price rising by 2.68%. The cryptocurrency reached a high of $2,693.63 and is currently listed at $2,686.36. Ethereum’s market cap stands at $323.10 billion, reflecting its ongoing strength in the market.Overall, the recent uptick in both Bitcoin and Ethereum prices underscores a bullish sentiment in the cryptocurrency space, signaling a potential upward trend for major digital assets.
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Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.
