The total cryptocurrency market cap has witnessed a slight increase of 1.21% in the past 24 hours, reaching $1.69T. However, Bitcoin's price has fallen by 0.29% to $43,480, and its dominance has also decreased by 0.75%. The market is currently dominated by bears, with 79% of coins losing value in the last 24 hours.
Among the top gainers are Moonbeam, Helium Mobile, and Mina Protocol, while the top losers include JOE, Livepeer, and Centrifuge. Injective reached a new all-time high after gaining 186.00% in the last month, along with Optimism and Tellor hitting new ATHs in the last 24 hours.
Despite these gains, the overall market sentiment remains pessimistic, with the majority of coins experiencing losses. It is crucial to keep an eye on global regulatory developments and industry trends to navigate the volatile cryptocurrency market.