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Total Market Cap and Volatility:
According to #BinanceResearch esearch , the total market capitalization of cryptocurrencies has reached $3.47 trillion, the highest since November 2021. This 39.9% month-on-month growth is due to increased institutional interest and favorable macroeconomic conditions, such as the Federal Reserve's rate cut.
However, over the past 24 hours, there has been an increase in market volatility. Total capitalization has fallen by 0.6%, reaching almost $2.2 trillion. Bitcoin ($BTC ) fluctuated between $54,300 and $57,000, reflecting the struggle between buyers and sellers. Total liquidations have exceeded $300 million in the past 24 hours, highlighting the current market volatility.
Altcoin dynamics:
Alternative cryptocurrencies are also showing significant changes. Ethereum ($ETH ) has recovered above the $3,000 mark and is heading towards $3,100, having shown a 1% increase in the last 24 hours. Other altcoins such as Binance Coin ($BNB ), Solana (SOL), Polkadot (DOT), Bitcoin Cash (BCH), Uniswap (UNI), Polygon (MATIC), and Shiba Inu (SHIB) have also moved into the green zone, reflecting positive sentiment among investors. 
Current quotes of major cryptocurrencies:
• Bitcoin (BTC): $95,175, down 3.14% over the past 24 hours.
• Ethereum (ETH): $2,632.82, down 3.98%.
• Binance Coin (BNB): $643.03, down 1.75%.
• Cardano (ADA): $0.754281, down 6.28%.
• Solana (SOL): $168.64, down 3.12%.
This data highlights the current market volatility and the need for close monitoring of on-chain metrics to make informed investment decisions.
