Encouraging macro factors and controlled inflation boosted the cryptocurrency markets, with Bitcoin posting a gain of 1.82% to $27,335, and Ethereum crossing the $1,800 level. The global cryptocurrency market cap rose 1.42% to $1.14tn, and the total volume in DeFi was $1.66bn, or 6.3% of the total crypto market 24-hour volume. Despite last week’s fall of around 11%, Bitcoin’s market cap rose to $529bn, and the cryptocurrency’s dominance was at 46.48%, up 0.19% over the day. Meanwhile, Litecoin surged by over 7%, and BNB, Polygon, Dogecoin and Solana traded with gains.
