The cryptocurrency markets were majorly trading higher on Thursday. Bitcoin (BTC) rose 2.31% to $29,035, whereas Ethereum (ETH) was just below the $1,900 level. BTC volume in the last 24 hours stood at approximately $35.15 billion, rising 84.70% in the last 24 hours.

The global cryptocurrency market cap was trading higher around $1.20 trillion, rising 1.18% in the last 24 hours.

The total volume in DeFi is currently 5.20 billion, 7.33% of the total crypto market 24-hour volume. The volume of all stablecoins is now $64.06 billion, which is 90.27% of the total crypto market 24-hour volume.

The market cap of Bitcoin, the world’s largest cryptocurrency, was around $557 billion. Bitcoin’s dominance is currently 46.80%, an increase of 0.38% over the day, according to CoinMarketCap.

(Source: coinmarketcap.com, April 27, 2023)