CandleFocus

Bitcoin Dominates Crypto Market with 57.6% Share as Total Volume Hits $66.75B

On October 19, 2024, the cryptocurrency market had a trading volume of $66.75 billion in the last 24 hours. Bitcoin (BTC) remains the dominant cryptocurrency with a value of $68,367 and a market share of 57.6%. Ethereum (ETH) is the second most popular cryptocurrency with a price of $2,642 and a market share of 13.6%. The overall market value is $2.35 trillion with over 30646 currencies in circulation. The decentralized finance (DeFi) sector has a locked market value of $142.86 billion. Some tokens, including SUI, SOL, and DOGE, are gaining interest. Price movements in different cryptocurrencies have been driven by volatility, with WLD experiencing the biggest gain of 1.94% and GALA and ONDO experiencing dips of 1.48% and 1.46% respectively. Liquidations in the past 24 hours total $62.33 million, with BTC and ETH having the highest liquidated positions. The general sentiment in the crypto market is positive, indicated by a Fear and Greed Index score of 73, reflecting greed.

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