[Market News] April 28, 2024
The global crypto market showed strong vitality today, with a total market value of $2.38 trillion and a 24-hour trading volume of $52.23 billion. Bitcoin (BTC) still dominates the market, but its market share has slightly decreased to 52.8%, while Ethereum (ETH) has increased to 17%.
The BK® (Market Health Benchmark) index is 5 points, and the sentiment index is 45%, showing an overall optimistic atmosphere in the market.
On the Binance exchange (USDT trading pair), Ethereum Finance (ETHFI) rose the most, up 31%, followed by COMBO and ATA, up 19% and 18% respectively. However, COS led the decline, down 27%, and GLM and ERN also fell.
In the Binance futures market, Ethereum Finance (ETHFIUSDT) rose the most, up 31%, followed by MAVIAUSDT, up 22%. BTCDOMUSDT and HBARUSDT fell 3% and 2.5%, respectively.
In terms of trading volume, the BTC/USDT pair reached $1.74 trillion, and the ETH/USDT pair had a trading volume of $1.18 trillion, continuing to dominate the market.
Today's outlook shows that cryptocurrencies such as Ethereum Finance (ETHFI), COMBO, and ATA have become market leaders, showing positive market momentum. As Bitcoin's value rises and its market share declines, alternative cryptocurrencies are showing a positive trend. Market analysts expect the market momentum to remain positive in the short term.
