Latest developments in the cryptocurrency market! According to CoinGecko data, the total market capitalization of cryptocurrencies currently stands at $3.426 trillion, having dropped by 2.6% in the last 24 hours. The market is highly volatile, and investors need to stay alert.
In terms of market share, Bitcoin (BTC) remains the leader, with a market share of 54.1%; Ethereum (ETH) follows closely behind, with a market share of 12.0%. This indicates that the two major cryptocurrencies still dominate the market.
It is noteworthy that the Gas fee for Ethereum is currently at 5.466 GWEI, reflecting the relative stability of on-chain transaction costs. Investors can adjust their strategies based on this data to respond to market changes.