Crypto Market: Altcoin Season Slows, Bitcoin Leads
The global cryptocurrency market cap currently stands at US$2.91 trillion, reflecting a minimal 0.04% drop over the last 24 hours. Despite this slight decrease, the market remains robust with an impressive 24-hour trading volume of US$94.01 billion.
Bitcoin continues to hold the largest share of the market, commanding 63.4% dominance, followed by Ethereum at 7.2%. In terms of trending coins, SUI has gained notable attention, rising by 9.61% to $3.31, while ONDO saw a 6.29% increase, priced at US$0.9559.
SUI, ONDO, INIT, ADA, and POL lead the charge in trending cryptocurrencies. INIT has posted the most impressive growth among them, surging 19.41% to US$0.7753.
The Fear & Greed index remains neutral at…