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MICA Daily | European and American funds return, BTC rebounds to $96,000
With the end of the Christmas holiday in Europe and America, the cryptocurrency market has begun to rebound. Although BTC fell to $93,000 during the Christmas holiday, it has now risen to nearly $97,000, with a market capitalization of $1.9 trillion. However, its market share has dropped to 53.8%, indicating that the rise of competing coins is more significant, and funds have overflowed into small and medium-sized cryptocurrencies.
Among them, the mainstream cryptocurrency Ethereum has returned to $3,400, with a daily increase of 2.5%. Others such as BNB, TRX, and TON have shown stable performance, while DeFi concept tokens such as SOL, DOGE, ADA, AVAX, LINK, and SHIB have seen an astonishing increase of 11%. Finally, XRP still stands out with a price increase of 12%, reaching $2.38.
The overall cryptocurrency market has performed strongly, with a market cap increase of over $130 billion in the past 24 hours, bringing the total market cap to $3.54 trillion. There are clear signs of a rebound in European and American funds, and funds are also entering small and medium-sized cryptocurrencies early to earn additional profits from high-leverage trading. The next few days are expected to be led by DeFi tokens in the cryptocurrency market.
Disclaimer: The article represents the author's personal views and opinions, not the perspective and position of Block Clients. All content and views are for reference only and do not constitute investment advice. Investors should make their own decisions and trades, and the author and Block Clients will not bear any responsibility for direct or indirect losses incurred by investors in their trades.
<MICA Daily | European and American funds return, BTC rises to $96,000> This article was first published in Blocktempo.