The Global Crypto Market Cap Sees a Noteworthy Increase
The global crypto market cap has seen a significant rise, reaching $1.65 trillion, indicating a 2.09% increase in the last day. This demonstrates the continued interest and investment flowing into the digital asset space.
A Decline in Crypto Market Volume
Although the overall market cap has increased, the 24-hour crypto market volume has experienced a moderate decrease of 11.74%. The volume during this period was reported at $65.53 billion, suggesting a temporary decline in trading activities within the crypto market.
DeFi and Stablecoins Remain Strong
Decentralized finance (DeFi) has proven to be a resilient sector, accounting for $8.45 billion within the total 24-hour crypto market volume. Stablecoins have also emerged as a dominant force, constituting 88.28% of the total crypto market 24-hour volume. This highlights the growing preference for stability and reliability among traders.
Robinhood Launches Crypto Trading in the EU
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies.Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies.Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.
