The crypto market is on the rise again

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10 Proven Strategies to Improve Your Lead Conversion RateCrypto market capitalisation rose 0.6% over the past 24 hours to $1.33 trillion as altcoins outperformed, while first cryptocurrency stabilised after a surge two weeks earlier.

XRP rose to $0.73 by the end of the day on Monday. Reaching this level triggered a solid but short-lived wave of profit-taking. This sentiment has spread, albeit with less intensity, to other leading altcoins such as Solana, Cardano and Litecoin. So far, it looks like a quick recharge rather than the start of an extended correction, as the weakness is neither shared by Bitcoin and Ether nor by the equity markets.

The capitalisation of the largest stablecoin, Tether , is up 22% since January to $85.42 billion, according to IntoTheBlock, and Tether has accumulated up to 69% of the funds placed in the real collateralised digital currency market, according to DeFiLlama.

 

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