Cryptocurrency Market Today, Tuesday, May 27, 2025:
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📊 Market Overview
Total Market Capitalization: The total market capitalization of cryptocurrencies reached approximately $3.45 trillion, recording an increase of 0.21% over the past 24 hours.
Daily Trading Volume: The trading volume reached $114.46 billion, an increase of 11.60% compared to the previous day.
Bitcoin Dominance: Bitcoin's dominance in the market has decreased to 63.10%, down by 0.22%.
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💰 Performance of Major Currencies
1. Bitcoin (BTC)
Current Price: Approximately $109,612, with a slight increase of 0.17% over the past 24 hours.
Technical Analysis: Bitcoin is facing strong resistance at the $110,000 level. Technical indicators suggest a potential correction towards the support area between $108,000 – $108,500, with expectations of a bullish rebound towards $112,000 if buy signals are confirmed.
2. Ethereum (ETH)
Current Price: Ethereum is trading above the $2,750 level, having maintained strong support at $2,477.
Technical Analysis: Data indicates positive momentum supported by increased trading volume, enhancing the likelihood of a continued upward trend.