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Cryptocurrency Market: Current State and Major Changes

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by Giorgi Kostiuk

5 hours ago


The cryptocurrency market continues to experience fluctuations, reflected in the prices of well-known crypto assets. This article examines key changes observed over the past twenty-four hours.

Current Price Changes of Bitcoin and Ethereum

Currently, Bitcoin ($BTC) is trading at $108,043.66, representing a 0.10% decline. Bitcoin's market dominance stands at 64.7%. Ethereum ($ETH) has also dipped by 0.28%, with its current price at $2,513.21, while Ethereum's market dominance is 9.1%.

Top Gainers in the Crypto Market

Among the top gainers are Black Phoenix ($BPX), Black Agnus ($FTW), and TURBO BOME ($TURBO). $BPX has recorded a price increase of 3125.42%, now trading at $2.78. $FTW is priced at $0.00000006330, accounting for a 2602.38% increase. Subsequently, TURBO has jumped by 1508.74%, reaching $0.000003527.

DeFi and NFT Dynamics in the Market

The overall DeFi TVL has risen by 0.48%, reaching $114.776B. Currently, AAVE is the leading DeFi project based on the highest TVL, which has increased by 1.09% to $25.83B. Meanwhile, the NFT sales volume has plunged by 14.88% to $13,935,462. The top NFT collection, Courtyard, has reached a sales volume of $2,341,325 following a 5.37% increase.

The cryptocurrency market remains under pressure from volatility, with significant price fluctuations of leading assets and changes in the dynamics of the DeFi and NFT sectors. Future regulatory initiatives and market adaptations will be crucial in determining further trends.

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