📉 Current Market Situation
A rapid decline has been observed in the crypto market following recent highs. The prices of major cryptocurrencies like Bitcoin, Ethereum, and XRP have seen significant decreases, attributed to profit-taking, market fatigue, and macroeconomic factors such as U.S. PPI data and unemployment claims.
Binance
📌 Today's Major News on Binance
Launch of Alaya AI ($AGT): The 17th Token Generation Event (TGE) for Alaya AI ($AGT) has launched today on Binance Wallet.
Binance
Price Analysis of Ethereum: Interesting movements have been observed in the price of Ethereum today, with detailed analysis presented on Binance Square.
📊 Market Data
According to Binance Futures, in the last 24 hours, the ETH/USDT, BTC/USDT, and SOL/USDT trading pairs achieved the highest trading volume in the USD-M perpetual futures market. Notably, the long/short ratio for ETH/USDT was 1.94 and the funding rate was 0.0063%.
