Global #cryptocurrency market

Today’s cryptocurrency market is experiencing a choppy phase, with widespread declines across major assets. The total market capitalization has decreased by 2.26% in the past 24 hours, now sitting at $2.13 trillion.

In a recent statement, analyst Kendrick shared his bold predictions regarding the future of cryptocurrencies based on the outcome of the upcoming presidential election.

The global cryptocurrency market experienced a slight downturn today, with a total market capitalization decreasing by 0.28% to $2.17 trillion. In conjunction with this dip, 24-hour trading volumes fell significantly, down 11.09% to $69.42 billion.

Bitcoin has experienced a notable rise, recently surpassing $65,000, fueled by a confluence of factors that analysts suggest could lead to further increases.

As the cryptocurrency market continues to navigate turbulent waters, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are experiencing significant pressure on their key support levels.

Recent reports from CCData reveal a significant decline in Binance's market share within the estimated $2 trillion cryptocurrency market, dropping from 42.7% at the start of 2023 to 36.6% currently.