Market Update July 3

Market updates
Reading Time: < 1 minute

The crypto market is seeing a subdued day on July 3, 2024. The overall market cap sits at $2.24 trillion. Bitcoin, still the dominant player at 53.1% of the market, has shed a fraction of a percent, currently trading around $60,382. Ethereum follows a similar trend, dropping 0.80% to hover near $3,100.

There are pockets of volatility outside the top coins, with some tokens experiencing significant swings. While Solana bucks the trend with a 0.76% gain reaching $148.86, others haven’t been so lucky. XRP manages a small increase of 0.16% at $0.4796.

The Decentralized Finance (DeFi) space reflects the overall market sentiment with a total volume of roughly $4.05 billion, representing just 7.21% of the total crypto market volume. Stablecoins, known for their price stability, continue to reign supreme, capturing a whopping 93.24% of the trading volume in the last 24 hours.

If you like our content and want to support us, please follow us on X, Facebook and Instagram and don’t miss the latest news!