Cryptocurrencies were seen spiking on Tuesday evening as the global cryptocurrency market cap rose 2.7% to $970 billion at 8:17 p.m. EDT. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 3.2% 5.9% $20,286.32 Ethereum (CRYPTO: ETH) 2.9% 2.4% $1,363.23 Dogecoin (CRYPTO: DOGE) 8.55% 7.9% $0.065 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Convex Finance (CVX) +9.5% $5.39 Dogecoin (DOGE) +8.4% $0.065 Elrond (EGLD) +6.1% $55.35 See Also: How To Get Free NFTs Why It Matters: Cryptocurrencies tracked gains in stocks on Tuesday, as the S&P 500 and Nasdaq closed 3.1% and 3.3% higher, respectively.