The past 24 hours were another eventful session for the cryptocurrency market. Bitcoin moved past the $54,000 mark marking another period of massive rally. At one point, BTC moved more than 10% higher over its previous session. Bitcoin dominance inched closer to 45%. The largest altcoin, Ether, hovered around $3600. As BTC dominance increased, we saw the altcoins making relatively smaller moves. Markets are currently in a state of euphoria currently. The traded volumes went more than 30% higher. Over the past 24 hours, the global crypto market cap crossed $2.31 trillion.
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