As of October 25, 2023, the global cryptocurrency market shows a capitalization of $4.06 trillion with a slight increase over the last 24 hours. Market participants are observing changes in Bitcoin dominance and significant events in the crypto industry.
Cryptocurrency Market Today
The total market cap of the cryptocurrency market is $4.06 trillion, up by 0.2% from the last 24 hours. The daily trading volume is $109 billion, with Bitcoin dominance at 57.5% and Ethereum at 13.3%. Currently, 18,200 cryptocurrencies are being tracked, indicating market activity. Polkadot and the XRP Ledger Ecosystem are showing the largest gains in the industry.
Major Crypto Market Events
Bitcoin is trading at $117,283, with a slight decrease of 0.1% in the past 24 hours. Notable cryptocurrencies showing significant growth include Auto (AUTO) priced at $400.4 with a trading volume spike of 5839%. Bio Protocol (BIO) increased by 29.6%, and CLANKER by 23.3%. Among the losers, Codatta (XNY) dropped 32.5% to $0.01638.
Fear and Greed Index
The Bitcoin Fear & Greed Index today stands at 60, indicating greed, down from 64 yesterday and significantly lower than last week's 70. This index has been within the greed zone for the past month, likely reflecting investor confidence.
Current data on the cryptocurrency market shows moderate change but maintains investor confidence in the future. Current events may significantly affect future dynamics.
