Market Capitalization:3 705 869 354 720,1 USD
Vol. in 24 hours:246 977 355 993,99 USD
Dominance:BTC 59,8%
ETH:12,42%
Market Capitalization:3 705 869 354 720,1 USD
Vol. in 24 hours:246 977 355 993,99 USD
Dominance:BTC 59,8%
ETH:12,42%
Market Capitalization:3 705 869 354 720,1 USD
Vol. in 24 hours:246 977 355 993,99 USD
Dominance:BTC 59,8%
ETH:12,42%
Market Capitalization:3 705 869 354 720,1 USD
Vol. in 24 hours:246 977 355 993,99 USD
Dominance:BTC 59,8%
ETH:12,42%
Market Capitalization:3 705 869 354 720,1 USD
Vol. in 24 hours:246 977 355 993,99 USD
Dominance:BTC 59,8%
ETH:12,42%
Market Capitalization:3 705 869 354 720,1 USD
Vol. in 24 hours:246 977 355 993,99 USD
Dominance:BTC 59,8%
ETH:12,42%
Market Capitalization:3 705 869 354 720,1 USD
Vol. in 24 hours:246 977 355 993,99 USD
Dominance:BTC 59,8%
ETH:12,42%
Market Capitalization:3 705 869 354 720,1 USD
Vol. in 24 hours:246 977 355 993,99 USD
Dominance:BTC 59,8%
ETH:12,42%
Market Capitalization:3 705 869 354 720,1 USD
Vol. in 24 hours:246 977 355 993,99 USD
Dominance:BTC 59,8%
ETH:12,42%
Market Capitalization:3 705 869 354 720,1 USD
Vol. in 24 hours:246 977 355 993,99 USD
Dominance:BTC 59,8%
ETH:12,42%
Yes

Bitcoin's price may stabilize temporarily following a significant decrease in trading activity and concerning data from the blockchain.

crypthub
Bitcoin's price may stabilize temporarily following a significant decrease in trading activity and concerning data from the blockchain.

Bitcoin Open Interest Decline

Bitcoin open interest has decreased by approximately 8% following a peak of $15.07 billion. This reduction indicates a deleveraging trend among traders. Increased selling pressure from market participants is also contributing to the decrease.

On-Chain Metrics

Certain on-chain metrics are signaling a potential period of consolidation. Specifically, a negative NVT and a DAA divergence of -247% suggest a short-term stabilization phase.