#BTCvsMarkets
Bitcoin $BTC is currently trading at $86,771.60 with a 2.56% increase in the last 24 hours. Its market capitalization stands at $1.76 trillion. Here's a comparison of BTC with other markets¹:
- *Cryptocurrency Market*: BTC dominance is at 63.3%, indicating its significant presence in the crypto space. The total cryptocurrency market capitalization is $2.94 trillion with a 5.99% increase in the last 24 hours.
- *Stock Market*: Unlike stocks, cryptocurrencies like BTC operate independently of traditional stock exchanges and are not tied to company performance. Instead, their value is determined by supply and demand.
- *Volatility*: The cryptocurrency market is known for its high volatility, with prices fluctuating rapidly. In contrast, the stock market tends to be more stable, although it can be affected by geopolitical events.