Major cryptocurrencies traded in the green early on July 20. According to CoinGecko, the market capitalization of all cryptocurrencies climbed again above the USD 1 trillion threshold today after increasing by more than 2 percent in the previous day to reach USD 1.1 trillion.
On the other hand, over the past day, the total volume of the cryptocurrency market increased to USD 101.53 billion.
Bitcoin was trading at around Rs 19 lakh. According to data from CoinMarketCap, Bitcoin has a 42.2 percent market share.
The second-largest cryptocurrency, Ether, increased by as high as 10.7 percent on Tuesday in Asia. Polkadot added about 7 percent, and Solana added 13 percent. At one time, Bitcoin increased by 6.8 percent and was worth USD 22,880 as of 9:15 a.m. in Tokyo. After Ethereum blockchain engineers announced a target for the much-awaited software update that is expected to reduce the network's energy consumption, Ether has been on the rise since last week.
As XRP, Solana, BNB, Litecoin, Stellar, Chainlink, Tron, Apecoin, Avalanche, Polkadot, Polygon, Uniswap, and Tether prices were trading with gains over the last 24 hours, other cryptocurrency values today also performed well.
In other news, a rise in cryptocurrency prices that saw Bitcoin approach USD 23,000 was driven by smaller, less well-known digital tokens known as "altcoins."
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