Coin World news, according to BitMart's market report on May 8, the total market capitalization of the cryptocurrency market is $3.28 trillion, up 2.58% from the previous day; BTC is oscillating upward, just a step away from returning to $100,000, with BTCD currently at 64.4%, hitting a nearly four-year high; ETH is following the market's ups and downs, with the ETH/BTC exchange rate once again falling below 0.019, and ETH lacks the opportunity to break out into an independent market; altcoins are generally rising, but there are not many tokens that significantly outperform the market, while fully circulated meme coins are performing well; the fear and greed index is at 53, in the 'neutral' range. The overall long-short ratio is 1.23, indicating a neutral sentiment in the market in the short term, with strong wait-and-see sentiment, and investors need to closely monitor the subsequent capital flow and changes in sentiment. $BTC
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