@tangjenn.base.eth

Market Overview The cryptocurrency market experienced a mild downturn today, with the total market capitalization hovering around $3.72 trillion, down approximately 1.5% over the past 24 hours. Trading volume stood at about $180 billion, reflecting a slight 4% decrease, amid reduced activity in DeFi (around 13% of total volume) and heavy reliance on stablecoins (nearly 98% of volume). Bitcoin dominance rose to 58.8%, up 0.4%, signaling a flight to safety in the leading asset amid broader altcoin weakness. This comes after a volatile month, including a mid-October crash that liquidated over $19 billion in positions, though institutional inflows via ETFs have helped stabilize sentiment.

0 reply

0 recast

0 reaction