CeFi leads crypto market gains as Bitcoin tops $63,000

HTX data showed a modest crypto market recovery, with total market capitalization up 1% to $2.249 trillion as Bitcoin held above $63,000 and Ether briefly rose past $1,800.

BTC
ETH
BNB

Summary

Crypto markets staged a modest recovery on July 6, with Bitcoin holding above $63,000 and Ether briefly rising past $1,800. HTX market data showed total crypto market capitalization increased 1% in 24 hours to $2.249 trillion. Broader strength extended beyond the two largest tokens, with BNB briefly topping $590 and SOL surpassing $80, while ALICE, TRB, RESOLV, PUMP, TLM, VANRY, and SYN posted notable gains. Earlier market data had also shown CeFi leading sector performance, with the sector up 2.74% over 24 hours, even as the NFT segment lagged and Pudgy Penguins (PENGU) fell 2.81%.

Terms & Concepts
  • CeFi: Crypto services run by centralized companies.
  • NFT: Non-fungible token, a unique digital asset.
  • Market capitalization: The total value of a crypto market, calculated from asset prices and circulating supply.