Cryptocurrency Market Overview

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The global cryptocurrency market capitalization has surpassed the $3 trillion mark, with Bitcoin (XBT/USD) experiencing a price correction on Friday, trading at around $89,400.

Bitcoin (BTC) accounts for over 60% of the total market structure.

It is worth noting that the increase in demand for crypto assets is accompanied by a growing institutional interest.

The price of Ether (ETH/USD) has risen to $2,900.

Ripple (XRP/USD) is up to $1.9 on Friday.

Average daily trading activity reaches $250-350 billion, highlighting the scale of involvement of both private and institutional investors.

Leaders in cryptocurrency market capitalization:

- Bitcoin – the leading digital asset,

- Ethereum – a platform for smart contracts,

- Tether – the most capitalized stablecoin,

- Altcoins: Solana, BNB, Dogecoin, etc.

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