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 $88,400 per 1 BTC on Wednesday. Bitcoin dominates the market with a share of about 60-70%.

The price of Ethereum (ETH/USD) dropped to $2,970 on Wednesday.

Ripple (XRP/USD) has corrected to $1.8.

Leaders in 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 around 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.