Bitcoin Leads the Way as Crypto Market Displays Positive Trend

Yesterday, the global market for cryptocurrencies experienced a notable increase of 2.18%, pushing its total value to $2.29 trillion. However, there was a significant drop of 29.28% in the overall trading volume of cryptocurrencies within the last 24 hours. The price of Bitcoin (BTC) saw a modest rise of 1.01% during this period, reaching a trading value of $61,953.38. Notably, the lowest and highest values recorded for BTC in the past 24 hours were $60,626.97 and $62,466.32, respectively. After a period of stagnant trading, this upward movement can be attributed to macroeconomic factors and the launch of ETFs, which gained momentum following a substantial inflow of $31 million into BTC ETFs on June 25th. Bitcoin’s dominance in the market also increased to 53.42%, representing a 0.10% rise compared to the previous day. Stay up to date with the latest technology news by visiting NEWSLINKER.