Crypto market cap moves above the $1 trillion mark after top cryptos pump up gains.
Thursday proved a favorable day for the crypto market after gains continued to pour in for the second consecutive day. Bitcoin (BTC) successfully retested $20k and gained by 7.9% in the past 24 hours. Ethereum (ETH) also broke above the psychological resistance of $1,700, after a 5.54% jump since yesterday. The total crypto market also saw a jump of 5.7% and stood at $1.03 at the time of writing.
Among the altcoins, Solana (9%), Polkadot (10%), Shiba Inu (8.4%), and Cosmos (21%) were the biggest gainers. Bitcoin dominance increased by 0.7% to 38% in the last 24 hours.