Apa-economics: Price increases have been observed for major assets in the global cryptocurrency market, APA-Economics reports, citing data from CoinMarketCap.

According to Azeri-Press News Agency, the total market capitalization of cryptocurrencies increased by 3.30% over the past 24 hours, reaching $2.51 trillion. The leading cryptocurrency, Bitcoin, saw its price rise by 2.92% over the past 24 hours, reaching $73,629. Ethereum, another major player in the market, increased by 7.56%, reaching $2,259.

Other major cryptocurrencies also recorded price increases. BNB rose by 3.68% to $683, Bitcoin Cash increased by 1.45% to $472, and Monero saw a rise of 1.58% to $361.

In contrast, different dynamics were observed in gold-backed tokens. PAX Gold experienced a decrease of 0.23%, bringing its price to $5,008, while Tether Gold fell by 0.09% to $4,986.

Meanwhile, Bittensor, a cryptocurrency linked to the artificial intelligence sector, increased by 3.31% over the past 24 hours, reaching $276.

Analysts suggest that one of the main reasons for the price increases in the market is the renewed interest of investors in risk assets and the growing inflow of capital into some altcoins. Additionally, the overall increase in market capitalization and the strengthening of purchases in major cryptocurrencies are contributing to the rise in prices.