The cryptocurrency market was in a bearish trend today, with some cryptocurrencies experiencing price drops. According to data from CoinMarketCap, the total crypto market cap has reached $2.952 trillion.
Bitcoin and Ethereum performance
Bitcoin, the largest digital asset, has fallen 3.02% in the past 24 hours and is currently trading at $87,243. Bitcoin’s market dominance has also increased to 58.93%, indicating high investor confidence in the asset.
Ethereum is also trading at $2,942, following the market trend, recording a 3.19% drop.
Today's most profitable cryptocurrencies
According to data released by CoinMarketCap,
Pippin (PIPPIN) was
the most profitable cryptocurrency today with a price increase of 4.12%. Midnight (NIGHT) followed with a 3.91% increase and MYX Finance (MYX) with a 2.48% increase.
The main losers of the market
Elsewhere, Aerodrome Finance (AERO) was the biggest loser, falling 7.57 percent, followed by Story (IP) (down 7.56 percent) and Double Zero (2Z) (
down 7.46 percent).
