Bitcoin rose 1.73% on the first day of the week. The global crypto market capitalization was in the green, as the prices of most major cryptocurrencies saw an increase in value.
The world's most popular and largest cryptocurrency, Bitcoin, crossed the $17,000 mark. It is trading at $17,235.29, rising 1.73 percent in the last 24 hours. Its closest rival, Ethereum, is up 3.80 percent and is priced at $1,310.42, at the time of writing (1030 IST).
Most of the major cryptocurrencies saw their prices rise today. Solana is up 23.23 percent, Cardano is up 20.05 percent, Litecoin is up 8.41 percent, Polygon is up 7.55 percent, and Polkadot is up 6.65 percent from the previous day. Other top crypto tokens like Tron, Uniswap, Cosmos, and Avalanche are in green.
On Monday, the global crypto market capitalization stood at $849.68 billion, posting gains worth 3.16% in the last 24 hours, while total crypto market volume jumped 78.50% to $30.09 billion. .
Today's top gainers were Zilliqa and Lido DAO, which posted price increases of 32.35 percent and 29.20 percent, respectively. Conversely, Fei USD fell the most.
Meme coins saw their prices rise
Popular meme coins witnessed price increases. Elon Musk-backed Dogecoin rose 5.17 percent and Shiba Inu, another canine-based meme coin, advanced 6.22 percent from the previous day. Both were trading at $0.07561 and $0.000008942, respectively.
metaverse token in green
The main metaverse tokens also showed a price increase. Sandbox, Decentraland, ApeCoin, and Axie Infinity experienced a jump of 14.58%, 12.72%, 12.28%, and 7.41%, respectively.