The crypto market displays enduring strength as it reaches $103.09 billion in daily trading volume. The crypto space remains a prime area for trader opportunities because its total market capitalization reached $3.16 trillion.
Market sentiment shows fear because the fear and greed index currently stands at 35. The market sentiment reveals increased caution from traders because their sentiment dropped to 35 from 36 over the past day and fell significantly from 76 a month ago suggesting lower trader confidence.
Bitcoin Holds Strong with 60.1% Dominance at $95,679
Bitcoin maintains its status as the top cryptocurrency by holding a 60.1% share of the total market value. The current market value of BTC stands at $95,679, yet the cryptocurrency continues to dominate the overall market sentiment. The present trading statistics demonstrate Bitcoin long positions at 49.47% while shorts have a slight advantage at 50.53% leading to a balanced situation.
Ethereum at $2,712 with 10.4% Market Dominance
The crypto market depends heavily on Ethereum because it controls 10.4% of the overall market share. The current market price of $2,712 shows that Ethereum maintains stable values despite general market changes.
The primary characteristic of Ethereum’s current condition lies in its minimal transaction costs. Ethereum maintains its position as a budget-friendly blockchain platform for decentralized app users through NFT traders and smart contract participants since it charges 1 GWEI per transaction. The long-term growth of the network relies on both active scalability enhancements as well as Layer 2 platform implementations.
APT Leads the Bounce Chart with a 16.85% Surge
Aptos ($APT) achieves the highest growth rate during the last 24 hours. APT experienced the highest asset increase of the day at 16.85% as it bounced sharply. The initial -0.64% decline of Aptos turned into a robust buying wave that propelled its price to recover powerfully.
The crypto market showed BERA at 15.72% recovery alongside S’s increase of 14.52%. The crypto market saw LTC alongside TAO generate notable gains reaching 12.36% and 10.83% during the last 24 hours. Sharp price increases indicate strong market buying forces that operate after brief market drops in the alternative coin sector.
Top Liquidations in 24 Hours Cross $170M
The high crypto market volatility has caused substantial liquidations where Bitcoin led the way. BTC has faced $94.20 million in liquidations during the previous 24 hours because of sudden price fluctuations affecting traders who had employed leveraged positions. Ethereum took the second spot regarding liquidated funds amounting to $44.26 million followed by Solana ($SOL) which recorded $17.93 million.
Two major liquidations occurred with XRP losing $8.44 million while IP suffered losses reaching $6.32 million during the latest 24-hour period. Leveraged traders faced extreme price swings which led to massive forced sales according to the high volume of liquidations. The current situation demonstrates how trading with high leverage becomes risky during unstable market environments.
Conclusion
The crypto market experiences high trading activity due to its ongoing large price fluctuations alongside robust market volumes. Bitcoin continues to dominate the market above 60%, while Ethereum supports DeFi operations. The DeFi TVL stands at 157.34B. Traders currently exhibit caution across markets because fear dominates sentiment and they monitor potential trends for the forthcoming crypto price movement direction.
