Bitcoin | The world's largest and most popular virtual currency, Bitcoin, rose 2.9 percent to $25,054.9. Its market value stood at $480.5 billion. The trade volume was at $27 billion.

"Bitcoin maintained its position, trading close to the $25,000 mark with optimistic market sentiment. BTC has established stability above its annual peak and is testing the subsequent hurdle at the $25,000 level," sais Edul Patel of Mudrex.

"This positive trend is due to the easing of macroeconomic conditions and investors' renewed faith in the market. Over the last seven days, BTC has experienced significant growth over the last seven days, increasing by 14 percent. Since its recent low, BTC has surged by 82 percent. If it can surpass the upcoming obstacle, this could mark a new era for BTC," Patel added.

Ethereum | The second largest virtual currency, Ethererum or Ether, rose 2.1 percent to $1,713 with a market capitalisation of $208.9 billion. The trade volume of Ethereum was $7.2 billion in the last 24 hours.

Dogecoin | Meme-based virtual currency, Dogecoin, rose 1.7 percent on Tuesday. Its market value stood at $11.7 billion. The trade volume was at $424.9 million.

Shiba Inu | Shiba Inu rose 1.4 percent with a market capitalisation of $7.4 billion. The trade volume was $305.1 million in the last 24 hours.

Solana | Solana rose 1.3 percent to $26.1 with a market capitalisation of $9.9 billion. The trade volume of Solana was $1.4 billion in the last 24 hours.

Polygon | Polygon rose 1.7 percent with a market capitalisation of $13 billion. The trade volume was nearly $570.7 million in the last 24 hours.