Crypto Market Hits $3.34T as Altcoins Gain Strength, BNB Surges Past $700

The cryptocurrency market continues an upward trajectory as Bitcoin ($BTC) currently trades at $96,040 bearing minimal losses of 0.06%. Currently, the total market capitalization stands at $3.34 trillion after recording a 0.83% upward trend. The Ethereum token ($ETH) reported significant advancements by rising to $2,680 while experiencing a 2.32% growth rate. Binance Coin ($BNB) has experienced exceptional growth because its value rose by more than 10% to surpass $700 during this period.

📈Market Overview

Market is filled with positive news. #BTC has surged past $96K, while #BNB has soared over 10%, surpassing $700.

This rally is driven by new launches on @Four_meme_, HODLer airdrops on @binance, and promotion by @Cz_binance.

Market Cap: $3.34T (+0.83%)
BTC… pic.twitter.com/00nX7ZPpPv

— CryptoRank.io (@CryptoRank_io) February 13, 2025

Unlike its previous trend, $BTC dominance decreased to 57.04% which shows that alternative coins are seeing rising market engagement. Ethereum dominance shows an upward movement of 1.62% to reach 9.69% in the market. The Fear & Greed Index stays at 50 points marking a neutral trading sentiment across investor and trader communities.

Key Market Drivers and Developments in Crypto Sector

Multiple forces have driven the current market patterns. The increase in BNB price is linked to Binance’s continuing development through HODLer airdrops and promotional events. Market sentiment was influenced by new project launches on Four Meme, which attracted investor attention.

The crypto industry has shown active expansion through recent updates that emerge from its sectors. BNB Chain introduced the BNB AI Hack initiative which seeks to merge artificial intelligence features into blockchain systems. Aave introduces a gas token framework for GHO stablecoin in the decentralized finance space to improve user cost efficiency. FTI US demonstrated its commitment to institutional adoption by adding its $594 million market money fund to support the Solana blockchain.

Top Gainers and Market Performance

Small-cap asset AICell ($AICELL) achieved the highest return through price appreciation of 96% while BakerySwap ($BAKE) maintained a 77% increase in value. The price increase statistics show Mochi Token ($MOCHI) and FPI Bank ($FPIBANK) climbing 62% and 56.9% and Thena Finance ($THE) rising 52%.

The large-cap gainers show substantial achievement in their performance outlook. The 47.5% rise in PancakeSwap ($CAKE) stands as the largest increase while XCN and S tokens both gained 21.2% and 15.2%. In just 24 hours JTO and RUNE joined other large-cap assets in gaining more than 12% of their market value.

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