Crypto market hits $4 tn for 1st time on altcoins rally; Bitcoin holds near $118K

global cryptocurrency market capitalisation touched the $4 trillion mark for the first time, driven by a powerful altcoin-led rally, even as Bitcoin (BTC), which represents nearly 60% of the market, trades 0.2% lower in the past 24 hours, according to CoinDecko data.

The total crypto market cap reached $4.003 trillion on Thursday, with $260.2 billion worth of crypto traded in the past 24 hours.