The crypto market is a bit hot today!



Look at the data: the total market capitalization has surged to $3.09 trillion, with 24-hour trading volume fluctuating around 447.5 billion. $BTC's share remains steady at 58.4%, indicating that the leading player is still setting the pace.

What does this mean? First, the mainstream coins still have top-tier capital attraction, and investors tend to flock to top coins like BTC, ETH, and BNB during market volatility. Second, with such active trading volume, short-term opportunities are indeed plentiful, but risks should also be guarded against—high volatility is often a double-edged sword.

Coupled with the weak US non-farm payroll data, under this macro background, the market's risk aversion sentiment may continue to boost BTC's popularity. How it will develop next, everyone can gauge the rhythm themselves.
BTC1,66%
ETH2,15%
BNB-0,4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
NullWhisperervip
· 6h ago
honestly, 58.4% btc dominance is giving "everyone's too scared to pick alts" vibes... weak macro data always flushes people toward the same exits, technically speaking
Reply0
GasFeeCriervip
· 14h ago
Wait, weak non-farm payroll data actually pushed BTC higher? That logic seems a bit counterintuitive.
View OriginalReply0
StealthMoonvip
· 16h ago
Non-farm data underwhelms, but the crypto market is actually getting excited. I can't quite hold my logic together haha BTC is bleeding again. How many resistance levels can it break through this time? There are many short-term opportunities, but I'm still cautious and don't dare to chase high.
View OriginalReply0
AllInAlicevip
· 16h ago
58.4% Ah, Bitcoin is really still dominating this market.
View OriginalReply0
ContractFreelancervip
· 16h ago
When the non-farm data underperforms, BTC starts to bounce around. I've seen this pattern too many times. Futures trading carries risks. Short-term opportunities are plentiful, but more people get wiped out... The 3 trillion market cap is indeed impressive, but I don't know how long it can last. BTC's dominance is already at 58%. Still talking about diversifying risk—laughable. How high can it go this time? Or will it be another roller coaster?
View OriginalReply0
GateUser-74b10196vip
· 16h ago
Bitcoin is still reliable, everything else is shaking. Big brother 58, stay steady.
View OriginalReply0
DegenDreamervip
· 16h ago
Non-farm data underperforms, and the crypto circle starts to get restless. I’m familiar with this rhythm haha Big brother BTC is steady and strong, this is the real sense of security There are many short-term opportunities, but I’m still exhausted from bottom fishing, I got it
View OriginalReply0
OnchainHolmesvip
· 16h ago
Non-farm data dragged down the market, but it actually gave BTC an opportunity to go against the trend. This kind of contrast drama has been overdone.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)