Global Cryptocurrency Market Recovers with a $1.44 Trillion Market Cap
The global cryptocurrency market has rebounded, reaching a market cap of $1.44 trillion with a 1.06% increase in the last 24 hours. Despite this positive trend, recent data reveals fluctuations in the market’s volume dynamics.
Within the past day, the total crypto market volume decreased by 8.36% to $44.91 billion. The decentralized finance sector contributed $5.14 billion to this volume, while stablecoins accounted for $38.98 billion, representing a significant 86.80% share of the total market volume.
Bitcoin maintained its dominance at 51.81%, although it experienced a slight decrease of 0.26%. This indicates evolving dynamics within the crypto landscape and raises curiosity about the next cryptocurrency to explode.