#$BTC As of June 23, 2024, the cryptocurrency market shows diverse dynamics. Bitcoin (BTC) is trading around $29,800, while Ethereum (ETH) is around $1,850. Stablecoins like Tether (USDT) remain at $1, reflecting their stability. On the other hand, some altcoins experienced significant movements; for example, Litecoin (LTC) is trading around $74.89 and Polygon (MATIC) at $0.578 (LiveCoinWatch) (CoinGecko).

Decentralized finance (DeFi) and stablecoin markets are also showing strong activity. Trading volume on centralized exchanges reached $4.29 trillion in the first quarter of 2024, which is the highest volume since late 2021. Meanwhile, trading volume on decentralized exchanges (DEX) on Ethereum saw its market share drop below 40% at the start of this year (CoinGecko) ( CoinGecko).

The NFT market is also experiencing growth with a total trading volume of $4.7 billion in the first quarter of 2024, with platforms such as Magic Eden increasing their market share through rewards programs and integration with Ethereum (CoinGecko).

Overall, despite some volatility, the cryptocurrency market remains active and shows signs of growth in several sectors.#BNB #nft