Global #Trading Volume

Starknet (STRK) has been making waves in the cryptocurrency market, gaining attention for its unique mechanism for fees, security, and staking.

Binance Coin (BNB) has recently captured the attention of traders with a significant surge in trading volume, which climbed by 14.42% in just 24 hours to reach $758.83 million.

Over the past week, Toncoin (TON) has seen a significant resurgence in its price, trading at $5.78—a 4.8% increase in just one day. This positive momentum extends to the weekly charts, with the altcoin surging by 7.78%.Prior to this rebound, Toncoin faced a challenging month, declining by 15.61%.

Bitcoin (BTC) has been navigating through significant volatility in recent months. After peaking at a local high of $70,016 in July, Bitcoin has struggled to maintain upward momentum.

On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) faced substantial net outflows totaling $43.97 million, halting a brief two-day streak of positive flows.

PEPE, the popular meme coin, has recently experienced a modest 11% rise over the past four days. While this increase is positive, it falls short compared to the meme coin's historical performance.

In the past 24 hours, the cryptocurrency market has surged by 3.14%, climbing from $2.075 trillion to $2.14 trillion. This notable increase is led by a significant 4.98% rise in Bitcoin's price, which has successfully reclaimed the $61,000 level.

Cardano (ADA), the 11th largest cryptocurrency by market capitalization, has experienced a significant increase in trading volume over the past 24 hours, yet this surge has not been matched by a proportional rise in its price.

In the past 24 hours, the cryptocurrency market has experienced a notable uptick, with its total valuation rising by 2.49%, from $2.09 trillion to $2.14 trillion. This positive shift comes amidst a decrease in trading volume, which has dropped by 23.72% to $63.94 billion.

As of August 6, 2024, Bitcoin (BTC) has experienced a notable price surge, trading close to $56,000 after a 10% rise in the last 24 hours. This recent rally has been underscored by significant whale activity, with a leading analyst reporting on X that these large investors accumulated over 30,000 BTC, worth approximately $1.62 billion, within just 48 hours.

On August 5, the United States Bitcoin and Ether ETFs saw a significant surge in trading volume, reaching nearly $6 billion amidst a turbulent market. Data from CoinGlass reveals that spot Bitcoin ETFs recorded a staggering $5.24 billion in daily trading volume, with BlackRock’s iShares Bitcoin Trust (IBIT) accounting for over half of this amount.

Cardano (ADA), a leading cryptocurrency known for its innovative blockchain platform, has experienced a notable 31% increase in trading volume, signaling renewed investor interest and confidence in the digital asset.