Hello #market #Market_Update
Daily Crypto Market Brief
Today’s cryptocurrency market witnessed broad-based pressure, with most major coins trading in the red. The Fear and Greed Index remains at 63, but the downward trend indicates a gradual weakening of market confidence.
Key market metrics show a moderate decline:
Total Market Capitalization decreased by 0.84%, now standing at $2.86 trillion.
The Altcoin Market Cap has also fallen by 0.70%, reaching $1.02 trillion.
$BTC Bitcoin dominance has edged lower to 64.37%, though it continues to maintain a strong position in the overall market.
Below is a summary of the 24-hour performance of major cryptocurrencies:
Bitcoin (BTC): Down 0.92%, currently trading at $92,851.05
$ETH Ethereum (ETH): Down 2.27%, now at $1,752.00
$SOL Solana (SOL): Down 0.90%, currently $149.64
BNB: Down 1.50%, trading at $596.44
XRP: Down 1.67%, now $2.19
Dogecoin (DOGE): Relatively stable, down only 0.27%, holding near $0.18
Overall, the market appears to be in a cooling phase, reflecting cautious sentiment and light profit-taking. Despite the minor downturn, Bitcoin continues to demonstrate resilience and retain its dominant position.
We will continue to monitor market developments closely and provide timely updates.
Warm regards,
Abdul0132