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 $3.951 trillion.
Bitcoin and Ethereum performance
Bitcoin, the largest digital asset, has fallen 2.67% in the past 24 hours and is currently trading at $118,696. Bitcoin’s market dominance has also increased to 59.72%, indicating high investor confidence in the asset.
Ethereum is also trading at $4.284, following the market trend, recording a drop of 0.49%.
Today's most profitable cryptocurrencies
According to data released by CoinMarketCap, PumpFun (PUMP) was the most profitable cryptocurrency today with a price increase of 7.01%. Bitcoin Cash (BCH) followed with a 2.61% increase and Tron (TRX) with a 1.60% increase.
The main losers of the market
On the other side of the market, Fartcoin (FARTCOIN) experienced the biggest price drop, falling 21.18%, topping the list of losers for the day. Also, Story (IP) fell 13.52%, and Penguin (PENGU) fell 13.14%.