Bitcoin regains $33,000 support, Dogecoin rebounds strongly

Crypto markets have rebounded over the past 24 hours. The negative impact of regulation has gradually weakened, and Bitcoin has risen slightly during the day, briefly breaking through $34,000 before falling back to around $33,000. It is still unclear whether the market has truly bottomed out. Ethereum is still hovering below $2,000, and the upcoming London upgrade activation may stimulate further gains. The meme token Dogecoin rebounded strongly, ranking second in the top 100 tokens by market capitalization.

The current total market value of the cryptocurrency market is US$1,373,337,501,773, with a 24-hour trading volume of US$241,287,585,490. Bitcoin accounts for 45.31% of the market.

In the past 24 hours, 16 of the top 20 cryptocurrencies by market capitalization rose, and 77 of the top 100 cryptocurrencies by market capitalization rose. The top three in terms of increase were: BakeryToken (24.21%), Dogecoin (17.00%), and Quant (13.52%). The top three in terms of decrease were: NEAR Protocol (-5.52%), Celo (-4.57%), and SushiSwap (-4.15%).

According to Bitcoin News, the current price of Bitcoin, which ranks first in cryptocurrency market value, is $33,118.92, with a total market value of $622.198 billion, up 1.95% in 24 hours.

According to Bitcoin News, Ethereum, the second largest cryptocurrency by market value, is currently priced at $1,939.45, with a total market value of $225.772 billion, up 2.10% in 24 hours.

According to BitTorrent, ADA, which ranks fifth in cryptocurrency market value, is currently priced at $1.22, with a total market value of $38.869 billion, up 4.68% in 24 hours.

According to BitPush, the current price of DOGE, which ranks sixth in cryptocurrency market value, is $0.2231, with a total market value of $29.176 billion, up 17.48% in 24 hours. As the originator of the Meme token, although the general trend is downward, its price and market value status remain strong.

According to Bitcoin News, XRP, which ranks 7th in cryptocurrency market value, is currently priced at $0.6238, with a total market value of $29.065 billion. It has risen 10.66% in 24 hours, a strong rebound.

In the past 24 hours, the top 10 cryptocurrencies in terms of trading volume among the top 100 cryptocurrencies by market value were: USDT (US$93.671 billion), BTC (US$47.959 billion), ETH (US$29.415 billion), DOGE (US$6.516 billion), XRP (US$6.259 billion), ADA (US$5.380 billion), BNB (US$3.939 billion), DOT (US$1.966 billion), USDC (US$1.490 billion), and UNI (US$548 million).