India, April 22 -- Cryptocurrencies recorded a firm rally in the past 24 hours amidst a rebound in the prices of Bitcoin in the backdrop of the Bitcoin halving event on April 20. Bitcoin's crypto market dominance has increased to 54.4 percent whereas Ethereum's share has fallen to 15.8 percent.
Overall crypto market capitalization is currently at $2.43 trillion versus $2.38 trillion a day earlier.
Bitcoin is trading at $66,267.93, around 10 percent below its all-time high. Bitcoin has gained 2 percent overnight and almost 57 percent on a year-to-date basis.
Ethereum is trading at $3,196.20, around 35 percent below its all-time high. Ether has also gained 1.5 percent in the past 24 hours and 40 percent in 2024.
7th ranked XRP (XRP) is th...