“Capital Flight! Cryptocurrency plunges 9% in 24 hours, market cap experiences a cliff-like decline!”
The crypto market has experienced a significant downturn in the past 24 hours, with the total market cap dropping to $3.399 trillion and a 24-hour decline of 9.4%. Among them, Bitcoin (BTC) market cap has fallen to $1.88 trillion, with its market share further shrinking to 55.6%; Ethereum (ETH) also performed weakly, with a market cap reduced to $396 billion, accounting for only 11.6%.
The market adjustment reflects the combined effects of multiple factors, including macroeconomic uncertainty, regulatory expectations, and fluctuations in investor sentiment. As the market shares of BTC and ETH decline, the performance of other assets may experience greater divergence. The future trend requires close attention to key support levels and changes in market sentiment.
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