The cryptocurrency market is witnessing significant two-sided volatility, particularly among altcoins, while Bitcoin continues to hold a dominant position. The total market capitalization stands at approximately $2.36 trillion, with a 24-hour trading volume of $108 billion. Bitcoin's dominance is at 56.71%, with Ethereum following at 10%.
On Binance's spot market, GHSTUSDT, CREAMUSDT, and PNTUSDT emerged as top gainers, with increases of 76.667%, 65.354%, and 45.228% respectively. Conversely, BETAUSDT, VIBUSDT, and WTCUSDT were the top losers, experiencing declines of 64.000%, 63.262%, and 56.540%.
In the futures market, ALPACAUSDT led gains with a remarkable 391.228% increase, while PORT3USDT saw the largest loss at 68.311%. The highest trading volumes were recorded in USDCUSDT, BTCUSDT, and ETHUSDT pairs, with $1.628 billion, $1.475 billion, and $943 million respectively.
Altcoins Face Volatility as Bitcoin Dominance Remains Strong
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