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Today’s edition of OKEx Insights’ Crypto Market Daily covers Bitcoin, Ethereum, altcoins and DeFi.
The price of Bitcoin ( BTC) has had virtually no price action to speak of over the past 24 hours. It is currently trading at 15,299 USDT on OKEx and is down 0.1% across global cryptocurrency exchanges. Altcoins have traded similarly flat, with most gains or losses among the major coins and tokens being between 1% and 2%.
Despite the relative inaction in the market, the total cryptocurrency market cap has increased by 1.1% to $453,973,745,504, according to CoinGecko. BTC dominance, meanwhile, has decreased by 0.02% and now sits at 62.8%.
The stock market remains volatile as Dow Jones futures, Nasdaq 100 futures and S&P 500 futures pushed higher on Tuesday. At the same time, Big Tech all saw notable declines — a development worth watching, as some argue that BTC is exhibiting correlation to technology stocks.
Top altcoin gainers and losers
- DMG/USDT +24.64%
- LRC/USDT +22.79%
- CRV/USDT +17.07%
- KCASH/USDT -14.73%
- MANA/USDT -15.27%
- CVC/USDT -20.77%
Civic ( CVC) has finally corrected after dominating the top performers’ list in recent days. Today, the identity protocol’s token is the worst performer on OKEx.
Visit https://www.okex.com/ for the full report.
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Cryptocurrency market cools down as Big Tech sells off was originally published in OKEx Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.