Bitcoin Surges Past $122,000, Ethereum Holds Steady Over $4,200

Bitcoin crossed the $122,000 mark, while Ethereum crossed the $4,000 mark on Monday. At the time of writing, the total crypto market cap saw a marginal gain of 2.61 per cent to $4.06 trillion, while the 24-hour trading volume increased by 5.20 per cent to $172.82 billion.

Bitcoin BTC was the most trending cryptocurrency. Its price was up by 3.59 per cent to $122,173.07, and its 24-hour trading volume was $75.73 Billion. Elsewhere, Lido DAO LDO was the top gainer. It was up by 13.41 per cent, and its 24-hour trading volume was $506.86 million. Memecore M was the top loser. It was down by 3.20 per cent, while its 24-hour trading volume was $14.45 million.

The DeFi market cap was at $45.29 billion, Coinmarketcap.com reported.

Himanshu Maradiya, founder and chairman, CIFDAQ said, “Bitcoin’s surge above $121,000 and Ethereum’s rise to $4,300 point to strong institutional accumulation, further fuelled by US President Donald Trump’s executive order opening the $12.5 trillion 401(k) market to crypto and private equity. More than half of the largest US banks are now progressing from observation to active rollout of digital asset services, with moves into custody, tokenisation, and restricted trading for wealthy clients. Stablecoin projects, tokenised deposits, and integrated crypto trading are gaining traction, signaling a clear shift toward mainstream adoption.”

Cryptocurrency Prices

Bitcoin (BTC): Bitcoin prices were up by 3.59 per cent to $122,173.07. Its 24-hour trading volume was $75.72 billion. It is currently ranked number 1 on Coinmarketcap, based on market cap. Bitcoin’s market dominance was 62.60 per cent.

Ethereum (ETH): Ethereum prices were up by 1.67 per cent to $4,296.55. Its 24-hour trading volume was 35.93 billion, and its market dominance was 11.08 per cent.

Tether (USDT): Tether was trading at $1, down by 0.01 per cent. Its 24-hour trading volume was $120.80 billion. It is currently ranked third on Coinmarketcap.

Other Altcoins

Solana prices were up by 1.84 per cent to $184.55. Its 24-hour trading volume was $6.3 billion.

Cardano ADA was trading at $0.8204, up by 1.44 per cent. Its 24-hour trading volume was $1.1 billion.

Avalanche AVAX was trading at $24.54, up by 2.61 per cent. Its 24-hour trading volume was $525.65 million.

Meme Coins

Dogecoin was up by 0.49 per cent, with a 24-hour price of $0.2379.

Shiba Inu was up by 0.47 per cent to $0.00001372.

Decentralised Finance

DeFi Coin was up by 8.20 per cent, and it was trading at $0.003399.

Yearn Finance was up by 0.59 per cent to $5,907.32, with a 24-hour trading volume of $30.53 million.