- Market Outlook: Total market capitalization is around $2.39 trillion, with Bitcoin dominating the market by 60.0% and Ethereum by 13.4%. Total 24-hour trading volume is around $104 billion.
- Price Action: Bitcoin (BTC) has seen a slight decline in the last 24 hours, losing about 0.33% and falling to $72,446.33. However, a general upward trend is observed in the market, for example, market value and trading volume have shown a positive increase on a daily basis.
- Gains and Losses: The top cryptocurrencies that gained the most were Sui (SUI) up 12.72%, Sei (SEI) up 8.25% and Maker (MKR) up 5.95%. The top losers were Kaspa (KAS) down 5.96%, Bitcoin SV (BSV) down 3.64% and Brett (BRETT) down 3.09%.
- Liquidations: According to Coinglass data, there were $185 million worth of liquidations in the last 24 hours, 62% of which were short positions, indicating that speculation and high volatility continue in the market.
- Important Announcements and Events: MicroStrategy's Bitcoin investment reached $8.35 billion in unrealized profit. Celestia is also reported to have unlocked $1 billion.
- Platform Specific Events: It is stated that some users on By,bit accidentally staked $KRO, a cryptocurrency specific to certain countries, and withdrawals are closed for now.
This information summarizes the current state of the cryptocurrency market and its key movements. Since there are constant changes and opportunities in the market, it is important for investors to follow such updates closely.