based on materials from the portal - By Coingabbar
The market capitalization of the crypto industry currently stands at $3.93 trillion, reflecting a slight decrease of 0.1% over the past 24 hours. The trading volume is $148 billion, with Bitcoin accounting for 56.4% and Ethereum for 13.8% among 18,443 tracked cryptocurrencies.
Cryptocurrency market overview for 24 hours
Bitcoin is trading at $111,473, which is 0.1% higher than the previous day. The trading volume amounted to $36.62 billion, while the market capitalization is $2.22 trillion.
The leader among cryptocurrencies today is MANTRA (OM) with a price of $0.2283, dropping 1.7% with a trading volume of $129.78 million. Cronos (CRO) surged 51.2% to $0.2998 with a trading volume of $1.49 billion, while Hyperliquid (HYPE) decreased 1.8% to $47.46, attributed to a trading volume of $548.46 million.
Among cryptocurrencies showing the highest growth, Cronos zkEVM (CRO ZKCRO) jumped 52.4% to $0.319 with a trading volume of $53,301. Camp Network (CAMP) rose 51.9% to $0.08788 with a trading volume of $93.34 million. Cronos (CRO) increased 51.8% to $0.3004 with a trading volume of $1.49 billion.
Among the biggest losers is Donkey (DONKEY), which fell 28.4% to $0.03526 with a trading volume of $13.7 million. ECOMI (OMI) shares dropped 23.1% to $0.0003666 with a trading volume of $19.57 million, while Huobi (HT) shares declined 19.1% to $0.4904 with a trading volume of $139,217.
The market volume of decentralized finance (DeFi) currently stands at $165 billion, which is 3.1% lower over the past 24 hours. With a dominance of 4.2% globally, the trading volume of DeFi reached $9.54 billion, reflecting cautious investor sentiment.
The market capitalization of stablecoins currently stands at $283 billion with a slight increase of $0.2 over the past 24 hours. The trading volume of stablecoins amounted to $102.73 billion.
Today, the crypto industry is in a state of equilibrium, with no excessive fear or greed. However, after strong optimism last month, sentiments have cooled somewhat (the greed index stands at 73).
Latest news on cryptocurrencies for today
U.S. authorities have charged 28 individuals connected to a Chinese crime syndicate that defrauded thousands of American retirees using fake tech support and refund schemes. YouTube scammers 'Scammer Payback' and 'Trilogy Media' helped expose the suspects, including Zhiyi Zhang. Luxury cars and millions of dollars in cash were seized during federal raids. Most of the defendants face charges of fraud and money laundering.
Former members of the Polymarket team launched The Clearing Company — a startup focused on creating regulated on-chain prediction markets. The company has a starting capital of $15 million, including Union Square Ventures, Haun Ventures, Coinbase Ventures, and others. The company aims to create engaging, liquid, and competitive prediction markets that will serve as a more transparent alternative to existing platforms.
In mid-August, Monero (XMR) was subjected to a rare 51% hash rate attack orchestrated by Qubic, a project led by former IOTA co-founder Sergey Ivancheglo. By attracting miners with large bonuses, Qubic temporarily seized control of the Monero network, leading to significant network reorganization. Kraken suspended XMR deposits as a safety measure. Although Monero has recovered, Qubic voted for the next destination to be Dogecoin.
South Korean investors are actively moving and buying XRP, and Upbit recorded a transfer of 68.75 million at a time when the price fell to $2.98. This resembles a historical trend where locals choose XRP over Bitcoin during crises due to lower fees and speed. The DTCC patent based on XRP, which mentions tokenized liquidity, also indicates growing institutional interest beyond the retail trading hype. Is South Korea secretly controlling XRP?
White House trade advisor Peter Navarro added that India could see a 25% reduction in tariffs if it stops importing Russian oil. The U.S. is pressuring New Delhi to demand Moscow sever energy ties as a condition for trade benefits in foreign policy. This underscores the increasing pressure on India due to 50% tariffs, forcing it to comply with Western sanctions against Russia.
#MarketRebound , #Сryptomarketnews
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