Market Overview
Over the past 24 hours, the cryptocurrency market has experienced widespread losses. Among the top 20 cryptocurrencies by market capitalization, only two posted gains, while 16 of the top 100 coins saw positive movement. Bitcoin continued its downward trend, falling below $35,000, and Ethereum dropped nearly 5%.
Key Market Data
- Total Market Cap: $1.52 trillion
- 24-Hour Trading Volume: $299.12 billion
- Bitcoin Dominance: 42.21%
Top Gainers:
- Horizen (+22.05%)
- Creditcoin (+14.22%)
- Celo (+11.47%)
Top Losers:
- Uniswap (-11.22%)
- Bonfida (-9.64%)
- Chainlink (-9.51%)
Price Analysis of Major Cryptocurrencies
Bitcoin (BTC)
- Current Price: $34,332.91
- Market Cap: $642.76 billion
- 24-Hour Change: -2.13%
- 24-Hour Range: $33,853.60–$37,031.33
👉 Bitcoin’s recent volatility highlights broader market uncertainty
Ethereum (ETH)
- Current Price: $2,258.33
- Market Cap: $262.14 billion
- 24-Hour Change: -4.79%
- 24-Hour Range: $2,247.55–$2,560.49
XRP (XRP)
- Current Price: $0.821674
- Market Cap: $379.15 billion
- 24-Hour Change: -6.29%
- 24-Hour Range: $0.807762–$0.940162
Trading Volume Leaders (Top 10)
| Cryptocurrency | 24-Hour Trading Volume |
|----------------|-----------------------|
| USDT | $1.186 trillion |
| BTC | $493.76 billion |
| ETH | $437.40 billion |
| XRP | $71.74 billion |
| ADA | $61.51 billion |
FAQ
Why are most cryptocurrencies declining?
Market sentiment is bearish due to macroeconomic pressures, reduced institutional interest, and profit-taking after recent rallies.
Is Bitcoin’s drop below $35K significant?
Yes. This level is a psychological support threshold. A sustained break below could trigger further sell-offs.
👉 Explore real-time crypto market trends
Will Ethereum recover soon?
Short-term recovery depends on broader market conditions and Ethereum network activity (e.g., DeFi, NFT demand).
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
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