Cryptocurrencies were awash with green in morning trade on Friday, with major digital assets, including the OG cryptocurrency Bitcoin, witnessing an uptick in their prices.
Data from CoinGlass suggests that more than $230 million in crypto were liquidated over the last 24 hours, with $43.2 million Bitcoin long positions liquidated alone.
This comes despite the launch of a suite of spot Bitcoin ETFs in the US, which clocked trading volumes upwards of $1.5 billion on opening day.
Bitcoin’s (BTC) price rose 0.2% over the last 24 hours to $46,185, while its market cap grew to $905 billion. However, trading volumes fell nearly 15% to $ 43.8 billion over the last 24 hours.
Ethereum — the third largest crypto — followed a similar upward trend, climbing over 0.5% over the last 24 hours to $2,610. As of writing, Ether commanded a market cap of $313.8 billion while trading volumes plummetted over 36% to $19.2 billion over the last 24 hours.
Tether (USDT) price fell marginally to $0.99, BNB climbed over 2% to $312.75, while Solana dropped below $100. Meanwhile, XRP was up 0.8% over the past 24 hours, and Avalanche (AVAX) rose by 2.2%.
Amid the price surge, the global crypto market rose nearly 0.6% to $1.77 trillion. The fear and greed index level stood at 73, indicating investor sentiment was positive.
The price of Pepe Coin plunged over 4% over the last 24 hours to $0.000001334, with its market cap falling to $561 million. Its trading volume over the last 24 hours went down by over 14% to $208 million.
The SUI cryptocurrency saw more than 18% increase in the last 24 hours. At press time, the SUI price stood at $1.08, while its market cap expanded to $1.19 billion. The 24-hour trading volumes surged a whopping 162% to $889.2 million.
APT price jumped more than 9% over the last 24 hours to $9.93, with its market cap surging to over $3 billion. Trading volumes rose over 22% in the past 24 hours, indicating growing interest in the altcoin.
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