The current market capitalization of the crypto industry stands at $3.93 trillion, reflecting a slight 0.1% decline over the past 24 hours. Let's examine current trends and developments.
24-Hour Crypto Market Update
The cryptocurrency market demonstrates a capitalization of $3.93 trillion, reflecting a minor 0.1% decline in the past 24 hours. The trading volume is $148 billion, with Bitcoin commanding 56.4% of the market and Ethereum 13.8%.
Bitcoin is currently priced at $111,473, having increased by 0.1% over the last day, with a trading volume of $36.62 billion and a market value of $2.22 trillion. Among the top trending cryptocurrencies, Cronos (CRO) has surged by 51.2% to $0.2998 with a trading volume of $1.49 billion.
Fear and Greed Index
The fear and greed index in the crypto industry is balanced today, showing no extreme fear or greed. However, investor sentiment has cooled down from last month's strong optimism when the index reached 73.
Latest Crypto News
U.S. authorities charged 28 individuals linked to a $65 million crime ring that scammed thousands of U.S. seniors through fake tech support.
Former Polymarket team members have launched The Clearing Company, a startup focused on building regulated prediction markets, raising $15 million in seed capital.
A recent attack on Monero (XMR) by Qubic has gained attention, as the project temporarily seized control of the network in mid-August.
In South Korea, increased interest in XRP has been observed amidst falling prices and growing institutional investments.
The cryptocurrency market continues to exhibit volatility, influenced by various events and news that impact investor sentiment.
