- DeFi’s 24-hour trading volume presently stands at $16.89 billion.
- Currently, bitcoin is trading at $47,557 with a market dominance of 42.19%.
Early in the day, on March 29, cryptocurrency prices were up. The worldwide cryptocurrency market capitalization has risen 1.78 percent in the previous 24 hours to $2.14 trillion. More than $121.97 billion has been traded on the crypto market in the previous 24 hours, a rise of 33.72%.
DeFi’s 24-hour trading volume presently stands at $16.89 billion, 13.85 percent of the overall cryptocurrency market. Stable coins currently account for $98.25 billion, or 80.55 percent of the entire 24-hour volume of the crypto market. Currently, bitcoin is trading at $47,557 with a market dominance of 42.19%, a 1.14 percent growth in the previous 24 hours.
The bitcoin price has risen to a three-month high on Monday after fluctuating inside a window since the beginning of the year. Overnight gains pushed Bitcoin over $48,000 for the first time since early January, adding to a price spike that has increased by more than $10,000 in the last two weeks.
Altcoins Rise Amid Bullish Patterns
Ethereum (ETH), Cardano (ADA), and Solana (SOL) have all had recent advances, boosting the total value of the crypto market past the $2 trillion barriers. Analysts have cited bullish patterns that have developed throughout March as the reason for the tremendous rise in the cryptocurrency market.
In addition to El Salvador, there have been reports that other governments are considering making bitcoin legal money. For example, Pierre Poilievre, a Canadian Conservative Party candidate for Prime Minister, has stated his support for legalizing Bitcoin (BTC) in Canada. According to CoinMarketCap, the Bitcoin price today is $47,557.56 USD with a 24-hour trading volume of $35,152,121,551 USD. Bitcoin is up 1.32% in the last 24 hours.
