Crypto Market Update: BTC ETH and XRP Experiences Significant Liquidation
Today, the cryptocurrency market witnessed a notable pullback with the total market capitalization dropping 1.03% to 3.28 trillion USD. Trading volumes sharply decreased to 97.51 billion USD, down nearly 13%. Bitcoin maintains a dominant market share of 65%, while Ethereum holds at 9%. This decrease indicates a lack of momentum, warranting close attention from investors. Identifying the conditions behind market fluctuations can improve strategic decision-making for future trades.