【Cryptocurrency Market】
【GM☀—Saturday—10.29】
#Secondary, the cryptocurrency market is experiencing moderate fluctuations, with a total market value of approximately $3.09 trillion, down 0.91% in the last 24 hours.
Bitcoin (BTC) is approximately $91,156, down 0.42%; Ethereum (ETH) is approximately $3,500, down 0.27%.
Mainstream coins are diverging, with BTC dominance at 58.58% and ETH dominance at 11.85%; trading volume is approximately $122.7 billion, with moderate activity.
Why the sudden drop: profit-taking after the Federal Reserve's interest rate cut expectations have been digested, ETF outflows, and cautious low-volume trading over the weekend; macro uncertainty (such as trade tensions) has intensified selling, but there are no sudden liquidations.
