Market dynamics and capital changes:
(The data is real-time data. If there are major changes in the market in the short term, the data will be greatly biased)
The current total market value is 278.6 million, which is 38 billion less than yesterday.
The market value of Bitcoin is 139.18 billion, which is 23.8 billion less than yesterday.
The market value of Ethereum is 435.88 billion, which is 2.28 billion less than yesterday.
The total market value increased by 38 billion, Bitcoin and Ethereum decreased by 26.08 billion, and the rest is the market value decline of 11.92 billion of the altcoins.
Bitcoin accounts for 50% of the market, which is 10 basis points lower than yesterday. Ethereum accounts for 15.6%, which is 10 basis points higher than yesterday. The altcoin accounts for 34.4%, which remains unchanged compared with yesterday.
In terms of trading volume:
Total trading volume is 112.2 billion, an increase of 3.5 billion compared to yesterday,
Bitcoin is 30.03 billion, a decrease of 740 million compared to yesterday,
Ethereum is 19.04 billion, an increase of 980 million compared to yesterday,
Total trading volume of Shanzhai is 63.13 billion, an increase of 3.27 billion compared to yesterday,
In terms of funds:
Total funds in the market are 155.5 billion, and the increase in funds in the market remains unchanged compared to yesterday. The proportion of funds is 5.58%, an increase of 7 basis points compared to yesterday.
USDT: market value is 106.95 billion, an increase of 110 million US dollars compared to yesterday, trading volume is 473.5 billion, and trading volume increases by 0.08%,
USDC: market value is 32.585 billion, a decrease of 15 million US dollars compared to yesterday, trading volume is 6.7 billion, and trading volume increases by 1.5%
Looking at the overall market data today, although the market value has declined, there is no need to be too pessimistic.
The main reason for the decline in market value is still Bitcoin, followed by the altcoin market driven by the decline in Bitcoin, and the decline in market value is not large, which is within normal data. Moreover, Ethereum is particularly strong and continues to maintain the growth of the mayor's share. Ethereum does show signs of recovery.
In terms of trading volume, with the slight decline in Bitcoin, the trading volume has decreased slightly year-on-year. It seems that above Bitcoin 70,000 is not a reasonable buy order range, so the current situation of the first support is more important. In this rebound, Ethereum encountered a resistance level that triggered a buy order, and today's trading volume has increased slightly compared with yesterday. As the altcoin market as a whole fell due to Bitcoin, the trading volume also increased, and the buying sentiment of the altcoin was still good.
In terms of funds, the market has resumed net inflows, with a single-day net inflow of 95 million. The Asian market has a single-day net inflow, while the US market is still in a net outflow state, but compared with the net outflow data on Monday, it is much less. As for the overall market status, the funds retained in the market remain unchanged. Today's single-day net inflow of 9,500 directly participated in the transaction.
Regarding US funds, I think the main reason is that the depressed macroeconomic sentiment has hindered the inflow of funds. We will continue to track the flow of US funds tomorrow. As long as the outflow is reduced or even turned into inflow, the impact on the market will not be too great.
Through today's data, we can clearly see that the overall market is still in a sluggish state. It seems that the current wait-and-see sentiment of US stocks on Wednesday's CPI data has directly affected the trading sentiment of the crypto market.
