The crypto market capitalisation fell to USD 2.59 trillion, down over 1.98 percent in the last 24 hours, as major cryptocurrencies fell into the red. With a current price of USD 57,852, bitcoin has lost 0.11 percent of its market share, putting it at 42.24 percent.
Except for Solana, which increased over 4.5 percent to USD 222, all other currencies sank, including Bitcoin, which lost 2.76 percent, Ethereum, which fell 4.27 percent, and Polkadot, which fell nearly 2.5 percent. Only Crypto.com coin, which increased by over 27.90 percent to USD 0.7, and Avalanche, which increased by 5.59 percent to USD 131, climbed significantly.
DeFi accounted for 14.84 percent of the overall USD 15.84 billion market volume over the 24-hour period. Similarly, stablecoins accounted for 78.31% of the intraday market volume, or USD 83.59 billion.
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