Cryptocurrency Market Overview

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The capitalization of the cryptocurrency market exceeds $3.2 trillion.

The exchange rate of Bitcoin (XBT/USD) is trading at around $87,800 per 1 BTC on Wednesday. Bitcoin accounts for the largest share of the market - approximately 60-70%.

The price of Ethereum (ETH/USD) dropped to $2,900 on Wednesday.

Ripple (XRP/USD) is adjusting to the level of $2.2.

Leaders in terms of trading volume and capitalization (cryptocurrencies):

- Bitcoin,

- Ethereum,

- stablecoin Tether (USDT),

- Solana, BNB Chain, Dogecoin and other assets.

The daily trading volume of the cryptocurrency market fluctuates in the range of three hundred billion dollars.

This overview was presented by Alexey Grishchenko, Doctor of Economics, Professor at the Department of Operational and Sectoral Management of the Faculty "Higher School of Management" at the Financial University under the Government of the Russian Federation.