Market Update on April 22, 2024
In today's crypto market, the total market capitalization reached $2.43 trillion, with a 24-hour trading volume of $65.28 billion. Bitcoin still dominates the market, with a market share of 53.5%, while Ethereum accounts for 15.9%. The market as a whole is in good shape, with the BK® Health Standard reaching 5 and the Sentiment Index at 4.7%.
Among the USDT trading pairs on Binance, the projects with the highest gains include FARM (+32%), ONT (+29%) and ONG (+20%), while the projects with the highest declines are OMNI (-8%), WIF (-6%) and JTO (-4%).
In the Binance Futures market, the projects with the highest gains are ONTUSDT (+29%) and ONGUSDT (+20%), and the projects with the highest declines are OMNIUSDT (-7%) and WIFUSDT (-6%).
The largest trading pairs in the market are still BTC/USDT (US$2.5 trillion) and ETH/USDT (US$1.08 trillion).
Today's market outlook shows that projects such as FARM, ONT and ONG are leading the market, while Bitcoin has rebounded significantly after reaching liquidity below the US$60,000 mark. Market participants need to remain vigilant, pay close attention to market dynamics, and make rational investment decisions.
