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Bitcoin Nears $80,000 as Solana and Smaller Altcoins Drive Market Recovery

1h ago
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What to Know

  • Bitcoin (BTC) approached $80,000 as a 2.9% gain lifted its market capitalization to approximately $1.60 trillion across global cryptocurrency markets.
  • Solana (SOL) led major altcoins with a 6% increase, while Ethereum (ETH), BNB (BNB), and XRP (XRP) also gained ground.
  • DGrid AI (DGAI) topped smaller-token gainers with an 88.8% surge, followed by Cash Cat (CASHCAT), GEKKO (GEKKO), and MetaDAO (META).

 


Bitcoin (BTC) approached $80,000 as buying activity supported gains across major cryptocurrencies and strengthened the market recovery. According to CoinGecko, Bitcoin (BTC) traded at $79,802.72 after gaining 2.9%, with $56.44 billion in volume and a $1.60 trillion market capitalization.


Ethereum (ETH) followed the broader direction with a 1% increase, lifting its market price to $2,480.25 during the measured period. The second-largest cryptocurrency generated $20.62 billion in trading volume and retained a market capitalization of $299.28 billion.


However, Solana (SOL) delivered the strongest performance among leading cryptocurrencies, climbing 6% to trade slightly above the $100 level. Its daily trading volume reached $7.35 billion, while its market capitalization increased to $58.35 billion.


Meanwhile, BNB (BNB) gained 0.9% to $706.08, supported by $1.27 billion in trading volume and a $94.01 billion valuation. XRP (XRP) added 0.2% to reach $1.49, generating $5.74 billion in volume and maintaining a $93.29 billion market capitalization. Hyperliquid (HYPE) advanced 1.7% to $80.80, while Zcash (ZEC) increased 1.4% and changed hands at $849.78.


Also Read: XRP Ledger Operators Urged to Upgrade as Major Amendment Nears Approval


DGrid AI Leads Gains as Smaller Tokens Attract Buyers

DGrid AI (DGAI) dominated the leading gainers after surging 88.8% to $0.7133, supported by $123.02 million in trading volume. Cash Cat (CASHCAT) followed with a 49.6% increase to $0.2127, while trading volume reached approximately $82.70 million.


Elsewhere, GEKKO (GEKKO) climbed 48.2% to $0.068977, although its limited $74,466 volume suggested weaker participation behind the increase. MetaDAO (META) gained 39.2% to trade at $6.82, accompanied by more than $33.44 million in daily trading activity.


Additionally, Ontology Gas (ONG) rose 37.4% to $0.0991, supported by a stronger trading volume of $57.01 million. Gigachad (GIGA) advanced 29.2% to $0.003062, while Pons (PONS) climbed 25.7% and reached a market price of $0.088.


Amp (AMP) completed the leading group with a 25.1% increase, bringing its market price to $0.0005234. Consequently, coordinated gains across established cryptocurrencies and smaller tokens reflected broader demand, although trading volumes varied considerably among assets.


Also Read: Shiba Inu Burn Rate Soars 441% as 41.8 Million SHIB Disappear


The post Bitcoin Nears $80,000 as Solana and Smaller Altcoins Drive Market Recovery appeared first on 36Crypto.

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