Overall market analysis:
The total market capitalization reaches approximately US$2.65 trillion.
Total trading volume in 24 hours was $96.76 billion.
Bitcoin’s share of the entire market is 52.2%.
Ethereum’s market share is 16.1%.
The market's health indicator score is 5.7 out of 10.
The market sentiment index is 51%, with -100% indicating extreme pessimism and 100% indicating extreme optimism.
Currency movements on the Binance exchange (in USDT):
The three currencies with the largest gains are:
FIS: up 47%.
RVN: Up 28%.
WIF: Up 20%.
The three currencies with the largest declines are:
DREP: Down 19%.
FOR: Down 18%.
MOB: Down 17%.
The rise and fall of Binance futures:
The two futures contracts with the largest gains are:
RVNUSDT: Up 27%.
WIFUSDT: Up 21%.
The two futures contracts with the largest declines are:
ZRXUSDT: Down 16%.
TRUUSDT: Down 13%.
Most traded currency pairs (based on 24-hour data):
The trading volume of the BTC/USDT trading pair is as high as $3.28 trillion.
The trading volume of the ETH/USDT trading pair reached $1.47 trillion.
Daily Market Outlook:
FIS, RVN and WIF led the gains in the market that day, showing strong growth momentum. Meanwhile, Bitcoin’s price appears to be consolidating within a range, and Bitcoin’s multi-day chart shows a decline in price (BTC.D indicator falling). A decrease in Bitcoin’s market share could indicate increased investor interest in other alternative cryptocurrencies. The next thing to keep a close eye on are the weekly and monthly chart closes, as these will provide important information on the overall strength of the market.
