According to data, the top tokens recovered quickly and steadily on Monday, helping the cryptocurrency sector reenter the $1 trillion market size range.
The total market capitalization of Bitcoin (BTC) surged to over $407 billion, with a dominance close to 41%. Bitcoins worth more than $16.5 billion exchanging hands
in the last 24 hours. Despite today’s decline, Bitcoin (BTC) still remains at the $21,000 level indicating no signs of any sharp move.
Its biggest rival, Ethereum (ETH), did better, climbing over 6% in the previous day to reach an intraday high of $1,274.67 on Monday before reversing some of its gains.
Over 10% more have been added in the last week.
At the time this story was being written, the market valuation of the second-largest cryptocurrency was just under $150 billion. Due to the $12.45 billion worth of tokens that were traded during that period, Ethereum volumes were significantly higher.
Other altcoins, including Solana, BNB, Avalanche and Tron, were also trading with strong gains. However, XRP, Cardano, XRP and Shiba Inu were trading with losses.
