Crypto market today: Ethereum drops 3.29% during early trading
Despite the decline, Ethereum remains a dominant force in the blockchain space, with continued interest in decentralized finance (DeFi) and Ethereum Layer-2 solutions.
Matrika Shukla, Sub Editor at Business Upturn, is a Multimedia student. She is passionate about investigating and reporting on complex subjects. She has an extensive background in digital media with special focus on Politics
Despite the decline, Ethereum remains a dominant force in the blockchain space, with continued interest in decentralized finance (DeFi) and Ethereum Layer-2 solutions.
Bitcoin’s market capitalization currently stands at $1.709 trillion, with a circulating supply of 19.83 million BTC.
The current market capitalization of BNB stands at approximately $86.858 billion, with a circulating supply of 142.48 million tokens.
The current market capitalization of Solana stands at approximately $66.523 billion, with a circulating supply of 498.29 million tokens. In the last 24 hours, the trading volume has reached $4.03 billion, suggesting sustained investor interest despite recent price movements.
Analysts attribute this trend to diminishing enthusiasm following the "Trump bump" and a lack of anticipated regulatory support from the new administration, leading to investor disappointment.
Dogecoin’s current market capitalization stands at approximately $30.099 billion, with a circulating supply of 148.21 billion DOGE.
The downturn reflects broader market trends, as Ethereum has lost approximately 25% of its value over the past month. In the last 24 hours alone, the price dropped by 7.8%, driven by significant outflows from Ethereum exchange-traded funds (ETFs). D
The leading cryptocurrency saw a daily range of $85,516.05 - $89,277.48, reflecting ongoing market fluctuations.
The coin has maintained strong momentum, moving within a daily range of $610.34 - $630.75.
XRP remains down from its 52-week high of $3.3881, but its recent rally signals potential upside.
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