The cryptocurrency market was in a bearish trend today, with most cryptocurrencies experiencing price declines. According to data from CoinMarketCap, the total crypto market cap has reached $2.544 trillion.
Bitcoin and Ethereum performance
Bitcoin, the largest digital asset, has fallen 4.12% in the past 24 hours and is currently trading at $75.377. Bitcoin’s market dominance has also increased to 59.62%, indicating high investor confidence in the asset.
Ethereum is also trading at $2.185, following the market trend, recording a 9.92% drop.
Today's most profitable cryptocurrencies
According to data released by CoinMarketCap, MYX Finance (MYX) was the most profitable cryptocurrency today with a price increase of 7.84%. Mim Core (M) followed with a 5.30% increase and Jupiter (JUP) with a 3.56% increase in price.
The main losers of the market
On the other side of the market, Monero (XMR) was the biggest loser, falling 11.51 percent, followed by Nexo (NEXO) (down 11.26 percent) and Ethereum (ETH) (down 10.37 percent).
