In the past 24 hours, the cryptocurrency market has experienced minimal volatility, with the total market capitalization remaining relatively stable. However, some alternative coins have seen significant gains while Bitcoin has been trading above $97,000. Bitcoin faced some setbacks earlier in the week, dropping below $95,000 after the release of higher-than-expected inflation data. Despite subsequent volatility, BTC has seen a slight increase in price, currently trading at around $97,600. The market capitalization for Bitcoin has risen to $1.93 trillion, with dominance over alternative coins remaining unchanged at 59.6%. Several altcoins have outperformed BTC in terms of daily gains, such as Mantra (OM) and Ripple's XRP, which reached all-time highs. Other cryptocurrencies like Chainlink, Dogecoin, and Shiba Inu have also seen solid increases. However, some cryptocurrencies like Ethereum, Binance Coin, Solana, and Cardano have charted minor losses. The total cryptocurrency market capitalization is currently approximately $3.24 trillion, representing a 0.3% increase for the day.



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