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Crypto Market Highlights - 02-03-2025
Market Trend
📈 Overview:
The global crypto market cap is $2.83T, up 0.04% in the last 24 hours. BTC dominance rose to 60.12%, while ETH accounts for 9.41%. Trading volumes dropped by 52.88%, with stablecoins making up 92.81% of activity.
🔹 Bitcoin (BTC): Trading at $85,688.96 (+0.39%), BTC shows steady growth with an 11.13% weekly gain.
🔹 Ethereum (ETH): ETH is at $2,207.27 (+2.25%), driven by optimism over upcoming upgrades (+19.76% weekly).
🔹 Solana (SOL): SOL rose 3.66% to $143.30, with a strong weekly gain of 16.13%.
Top News
📰 1. Bitcoin Dominance Hits New High
📅 Source: CoinTelegraph, 01-03-2025
BTC dominance reached 60.12%, reflecting investor preference for safer assets during declining altcoin activity.
📰 2. XRP ETF Approved in Brazil
📅 Source: CoinDesk, 01-03-2025
Brazil’s first spot XRP ETF drove XRP prices up by over 12%, signaling rising institutional interest in altcoins. 1 reply
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