Bitcoin Dominates the Cryptocurrency Market as Investor Confidence Grows

The prices and trading activities identified significant movement in the cryptocurrency market. According to recent data from Phoenix, the market

Prices and trading activities revealed significant shifts in the cryptocurrency market. Recent data from Phoenix indicated a market capitalization of $2.33 trillion and a trading volume of $83.05 billion within 24 hours, with Bitcoin ($BTC) and Ethereum ($ETH) leading the market.

As BTC price rose to $69,595, its market dominance reached 59.0 %. This strong presence signaled investor confidence as BTC maintained its momentum, attracting attention amid uncertain market conditions.

On the other hand, Ethereum's market position remained stable, with ETH price increasing to $2,501, a market share of 12.9%, and a daily trading gas fee of 4 GWEI, suggesting sustained network activity.

This upward trend in Bitcoin ($BTC) and Ethereum ($ETH) indicated continued interest from both institutional and retail investors. The Fear and Greed Index, a crucial sentiment indicator, pointed towards a “Greed” rating of 71, suggesting bullish market sentiment among traders.

This positive outlook was evident in the 24-hour trading volume of $83.05 billion, showcasing robust market engagement across various crypto assets.

価格は主要資産で大きく変動し、主要な仮想通貨で大きな反発と下落が見られました。MEWやTIAなどの資産は大幅に上下し、MEWは5.03％、TIAは4.06％上昇しました。一方、ADAやPYTHなどの他の資産は、それぞれ約1.30％と2.47％の小幅な下落を記録しました。

上位清算は過去24時間でBTCが6,425万ドルで、次いでETHが3,160万ドルとなり、これらの資産で高いボラティリティが示されました。また、SOLは1,291万ドル、DOGEは1,113万ドル、SUIは681万ドルで、市場の急変動に対する投資家の警戒感がうかがえます。

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