The total cryptocurrency market capitalization climbed back to $2.8 trillion on Sept. 19 and at one point came close to $2.9 trillion, according to an Odaily report citing Bitcoin.com News. Bitcoin rose 5% on the day to $81,914, its highest level since Sept. 4, after briefly falling below $75,000 on Sept. 16.
Among major altcoin moves, Hyperliquid’s HYPE token reached a record high of $94.48, posting an 18% weekly gain and pushing its market capitalization above $20 billion. Zcash’s ZEC jumped 36% to $1,590, marking a multi-year high and lifting its market value to nearly $25 billion.
Other tokens also advanced during the period. NEAR rose from $2.33 on Sept. 13 to $4.06, while AVAX gained nearly 50% over the week. ETH and XRP were up between 3% and 6%. Altcoin market capitalization increased from $1.17 trillion at the start of the week to $1.23 trillion before easing back to just under $1.2 trillion.
Total cryptocurrency market capitalization returned to $2.8 trillion on Sept. 19 and briefly approached $2.9 trillion, according to Odaily, which cited Bitcoin.com News.
Bitcoin rose 5% on the day to $81,914, its highest level since Sept. 4. The asset had briefly fallen below $75,000 on Sept. 16.
In the altcoin market, Hyperliquid’s HYPE token climbed to a record $94.48. Its weekly gain reached 18%, and its market capitalization moved above $20 billion. Zcash’s ZEC rose 36% to $1,590, a multi-year high, with its market capitalization nearing $25 billion.
NEAR advanced from $2.33 on Sept. 13 to $4.06. AVAX added nearly 50% over the week. ETH and XRP posted gains ranging from 3% to 6%.
Altcoin market capitalization increased from $1.17 trillion at the start of the week to $1.23 trillion, then pulled back to slightly below $1.2 trillion.
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