Market Overview:

The cryptocurrency market continues to struggle, with the total market cap decreasing by 0.64% in the past 24 hours, now standing at $1.64T. The overall trading volume has also declined by 0.64%, currently at $115.69B.

Bitcoin, the leading cryptocurrency, is trading at $41,112 after a 1.24% loss in the last 24 hours. Its dominance has fallen by 0.37%, now representing 49.03% of the market.

Top Coins by Market Cap:

Bitcoin's market capitalization stands at $805.99B, with a 1.24% loss in the last 24 hours. Ethereum, the second-largest cryptocurrency, is priced at $2,430.56, with a market capitalization of $292.10B, after a 1.99% decrease in the last 24 hours.

Market Sentiment:

The bears dominate the market today, as 89% of coins lost value in the last 24 hours. Among the top 200 cryptocurrencies, Braintrust, Pendle, and UMA were the top gainers, while Dogwifhat, Sei, and Pocket Network were the worst performers.

Pendle reached a new all-time high after gaining 106.10% in the last month, now trading at $2.36. Despite the overall negative market sentiment, Pendle's performance has been impressive, making it today's coin of the day.