Analysis of current data from heat maps
1. Cryptocurrency market by trading volumes:
• Bitcoin (BTCUSDT) maintains its leadership with +4.28%, which indicates stable investor support and growing interest.
• Ethereum (ETHUSDT) grew by +0.32%, which indicates its less pronounced volatility.
• XRP (XRPUSDT) shows growth of +3.05%, which may be due to positive news around the project.
2. Cryptocurrency market by 24-hour performance:
• TROYUSDT is the clear leader, growing by +50.83%! Such dynamics may indicate speculative activity or strong fundamental news.
• BCHUSDT and BCHUSDC grew by +17.19% and +17.09% respectively, which may signal a return of interest in the Bitcoin Cash project.
3. Falling assets:
• BANUSDT is showing a sharp decline (-33.52%), likely due to profit taking or a decline in market participants’ confidence.
• HIPPOUSDT (-19.77%) and PNUTUSDT (-15.70%) also saw a significant decline.