Market Update August 13

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Over the past day, the cryptocurrency market has seen some positive changes in prices.

Bitcoin has increased by 0.85% to reach a price of $58,948.30. This comes after a period of volatility,

Ethereum also saw a positive change in its price. It has increased by 2.55% and is now trading at $2,638.96. This price increase can be attributed to the growing demand for the Ethereum network, as more and more developers and investors are turning to it for its smart contract capabilities.

The total market cap of all cryptocurrencies combined has also seen a positive change. It has increased by 1.28% and is now standing at $2.08 trillion. This shows the overall resilience and strength of the cryptocurrency market, as it continues to grow despite the recent dips and fluctuations.

The 24-hour trading volume for all cryptocurrencies has also seen a significant increase. It has surged by 21.69% to reach $79.53B.

BTC dominance stays at 55.9%, while ethereum’s sits at 15.2%.

Other altcoins price changes to consider: BNB +2.61%, Solana -0.18%, XRP -0.57%, Toncoin +0.31%, Dogecoin +1.15%, and Cardano +0.16%.