Cryptocurrency analysts noted the growth of the cryptocurrency industry by 3%

Over the past 24 hours, the cryptocurrency market has regained its position. Earlier, the industry’s global capitalization was falling amid news that the U.S. Securities and Exchange Commission (SEC) had initiated a lawsuit against Чанпен Чжао" href="https://noworries.media/biography/chanpen-chzhao/" data-bio-id="3681">Changpeng Zhao and the Binance cryptocurrency exchange. As of today, the total market supply of virtual coins has increased by 2.9% and reached $ 1.12 trillion. There were also digital tokens that managed to bring profits to their owners in the short term.

Stacks (STX) became the leader of the day, with its quotes rising by 16.6% over the past day. The asset is available for purchase at an average price of $ 0.627. The market capitalization grew to $ 867.12 million, and the daily transaction volume reached $ 204.19 million.

The second place was taken by the notorious Pepe (PEPE) meme cryptocurrency. The digital token can be purchased for $ 0.11 with a market capitalization of $ 451.94 million. Daily transaction volumes amounted to $ 289.97 million. During the day, the PEPE rate increased by 13.66%, but the virtual asset is still trading 74% below its maximum value reached this year in May.

The third place in the ranking of the most profitable cryptocurrencies went to Lido DAO (LDO). The market capitalization of the digital currency reached $ 2.11 billion, an increase of 9.28% over the reporting period. The virtual token can be purchased for $ 2.41. The daily volume of transactions made by traders amounted to $ 111.03 million.

As for the flagship cryptocurrency BTC $56,459.08 Bitcoin -3.08% Market capitalization $1.11 trillion VOL. 24 hours $4.5 billion , at the time of writing, bitcoin is worth $ 26,835, which is 4.43% higher than yesterday. The total supply of coins circulating on the market is $ 562.8 billion, and daily trading transactions exceeded $ 23.9 billion.

Despite the strengthening of its position, analysts and traders of the cryptocurrency market expect the value of bitcoin to fall to $ 24,000. This scenario seems to them to be an obvious consequence of the litigation between the SEC and Binance

The leading altcoin ETH $2,968.85 Ethereum -5.34% Market capitalization $356.85 billion VOL. 24 hours $2.65 billion grew by 3.26% over the day and is trading at $ 1,875. The asset’s market capitalization is $ 225.5 billion, and daily trading transactions exceeded $ 9.4 billion.