Cryptocurrencies price hit every green as Bitcoin moves to the bulls

The global cryptocurrency market is in green on July 24 (today). According to data from CoinMarketCap, the global cryptocurrency market capitalisation is $1.2 trillion, a decline of over per cent in the past 24 hours.

More so, the crypto market cap is $1.37 trillion, a 2.82 per cent increase over the last day. The total crypto market volume over the last 24 hours is $71.83 billion, which makes a 13.55 per cent increase.

The volume of all stable coins is now $57.41 billion, which is 79.92 per cent of the total crypto market’s 24-hour volume. Bitcoin’s price is currently $33,470.10 and its dominance is 45.95 per cent, an increase of 0.25 per cent over the day.

Bitcoin rose the most, up by 2.93 per cent, followed by Ethereum which is up 2.82 per cent. On the other hand, Polkadot fell -2.42 per cent.

Meanwhile, the Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more efficient mining schemes to keep operating in the country.

Lesser-known tokens and proof-of-stake-based systems are now in the sights of these miners as ways to continue their work away from government oversight.