Market Overview - What Happened in the Last 24 Hours?

The global cryptocurrency market cap today is $2.54 trillion, a 3.8% increase in the last 24 hours. Total cryptocurrency trading volume in the past day is $123 billion. Bitcoin dominance stands at 60.5%, while Ethereum dominance is at 7.03%.

Bitcoin News

🔸Analysts Optimistic as China Allows Yuan Depreciation Beyond 7.2 Level

China’s recent decision to let the yuan depreciate beyond the 7.2 per dollar mark has raised expectations among cryptocurrency analysts. The People’s Bank of China set the daily yuan fix at 7.2038 per dollar.

🔸Hive’s Frank Holmes Discusses Expansion of Bitcoin Mining Operations in Paraguay

At Consensus Toronto 2025, Frank Holmes of Hive addressed the company’s plans to expand its Bitcoin mining operations into Paraguay. This strategic move aims to leverage Paraguay’s favorable energy costs and regulatory environment.

🔸Bernstein Highlights Bitcoin’s Resilience Amid Tariff-Induced Market Turmoil

A recent analysis by Bernstein emphasizes Bitcoin’s robustness during periods of economic uncertainty. Despite global markets facing volatility due to new tariffs imposed by President Donald Trump, Bitcoin has shown resilience,.