The cryptocurrency market capitalization has surged to $2.99 trillion, marking a 2.16% increase over the past 24 hours. This growth is driven by gains in major cryptocurrencies, with Bitcoin rising 1.62% to $88,352.17 and Ethereum climbing 2.26% to $2,984.01.
Among altcoins, Panther Protocol ($ZKP) stood out with a remarkable 1,007.37% increase. The decentralized finance (DeFi) sector also saw growth, with total value locked (TVL) reaching $119.37 billion, up 2.91%. Additionally, NFT sales experienced a significant boost, jumping 32.99% to $12.85 million. The overall market rally indicates widespread buying interest across both major and smaller-cap assets.
Crypto Market Cap Reaches $2.99 Trillion as Bitcoin and Ethereum Rise
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