#BTCvsMarkets Bitcoin (BTC) is currently dominating the cryptocurrency market with a dominance of 63.12%, reflecting a 0.29% increase in the last 24 hours. Its market capitalization stands at $1.83 trillion, while the total crypto market cap is $2.90 trillion.
Key Market Stats:
- Bitcoin Market Cap: $1.83 trillion
- Total Market Cap: $2.90 trillion
- 24-hour Trading Volume: $117 billion (according to CoinGecko)
- Bitcoin Dominance: 63.12% (CoinCodex) or 61.4% (CoinGecko)
Market Sentiment:
The Fear & Greed Index isn't directly available, but the market shows a mix of sentiments with some coins experiencing significant gains. Polkadot Ecosystem and XRP Ledger Ecosystem are among the top gainers.
Comparison:
Bitcoin's dominance indicates its strong influence on the market, often used as a gauge for overall market sentiment. When Bitcoin's dominance rises, it might signal a preference for safer assets, while a decline could indicate a shift towards altcoins and more speculative investments.
Top Cryptocurrencies
. Bitcoin (BTC): $91,929.45, with a 2.5% increase in the last 24 hours
. Ethereum (ETH): $1,730.13, with a 3.5% increase in the last 24 hours
. Tether (USDT): $1.00, stable with minimal change.