The cryptocurrency market cap fell by 1.3% over the last 24 hours to 3.77 trillion USD, which is 5.3% below its July 23 peak. This decline is viewed as a healthy correction, with potential support at 3.40 trillion USD.
Bitcoin’s price is currently at 115,200 USD, reflecting a 2% drop in one day. Notably, Ethereum’s trading volume has surpassed that of Bitcoin for the first time in a long while, indicating a shift in market dynamics.
Leave a Reply