Ethereum breaks through historical high in short term, Bitcoin recovers to $54,000

In the past 24 hours, the overall cryptocurrency market has been on an upward trend. Among the top 20 cryptocurrencies by market value, 18 have risen, and among the top 100 cryptocurrencies by market value, 80 have risen. Bitcoin has recovered the $54,000 mark and faces upward pressure at $55,000. Ethereum has broken through its historical high in the short term to $2,663.15, up nearly 7% on the day, and Ripple has risen by 10%.

In the past 24 hours, the top three gainers were: Matic Network (41.28%), a layer 2 scaling solution; Zilliqa (27.93%), a high-throughput blockchain public chain project; and Fantom (25.44%), a DAG-based smart contract platform. The top three losers were: Symbol (-18.31%), Bridge Oracle (-4.43%), and ECOMI (-4.32%).

The current total market value of the cryptocurrency market is US$2,117,861,640,843, with a 24-hour trading volume of US$322,960,095,063. Bitcoin accounts for 48.33% of the market.

According to Bitcoin News, the current price of Bitcoin, which ranks first in the cryptocurrency market value, is $54,753.98, with a total market value of $1,024.115 billion, up 2.69% in 24 hours. The highest price is $54,973.93 and the lowest price is $52,560.44.

According to Bitcoin News, Ethereum, the second largest cryptocurrency by market value, is currently priced at $2,632.64, with a total market value of $304.512 billion, up 6.61% in 24 hours. The highest price is $2,663.15, and the lowest price is $2,428.54.

According to BitTorrent, the current price of XRP, which ranks fourth in the cryptocurrency market value, is $1.41, with a total market value of $63.349 billion, up 10.16% in 24 hours. The highest price is $1.45821 and the lowest price is $1.251713.

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$115.601 billion), BTC (US$52.730 billion), ETH (US$35.186 billion), XRP (US$18.180 billion), BNB (US$6.230 billion), LTC (US$5.385 billion), DOGE (US$4.693 billion), ADA (US$3.671 billion), DOT (US$1.769 billion), and UNI (US$1.379 billion).