Let’s pay attention to the changes in the 24-hour crypto market:
The current market value of the encryption market is 1.43 trillion, with a 24-hour increase of 5%, and a 24-hour market value increase of 71.5 billion.
The 24-hour transaction volume increased by 7.12%, and the current transaction volume is 68.8 billion.
Bitcoin accounts for 51.1% of the current market, and Ethereum accounts for 17.2%
Bitcoin’s current market value is 732.3 billion, with a 24-hour market value increase of 5.27% and a 24-hour market value increase of 38.5 billion.
The 24-hour transaction volume increased by 19.28%, and the current transaction volume is 28.4 billion.
The growth of Bitcoin's market value can be seen from the data chart. The market value increased from 2:00 a.m. to 9:00 a.m., when the market value began to decline.
One thing worth noting is that the current market value of the crypto market is already at the highest market value from November 18, 2022 to now.
As can be seen from our above data, the market value of the crypto market increased significantly in a short period of time last night, reaching a historical high this year, and half of the increase in market value came from the growth of Bitcoin's market value. This was also the most active day in the early morning period recently. This has changed the past situation of capital outflows from the United States in the early morning. The current main reason for the return of capital comes from the poor performance of U.S. stocks. Of course, we can see from the market share that Bitcoin's market share increases with the growth of market value, but the overall proportion still shows that funds are more inclined to the risky copycat market. This is a good thing for us traders. Only when the copycats are active enough can we create better trading opportunities. Later we will continue to pay attention to the flow of market funds.
