Derivatives trading is cooling: According to Tokenpost’s morning briefing on November 12, crypto derivatives recorded approximately $654.3 billion in 24-hour trading volume, down 16.77% from the previous day; $BTC ’s market share rose to 60.53%, while $ETH accounted for 10.27%. As for prices, BTC was around $74,341, ETH around $2,077, and $SOL rose about 2.3%.
Lower trading volume + rising BTC dominance usually point to a defensive stance among investors, making it harder for altcoin rallies to spread. This is consistent with the earlier low Fear Index and the market’s wait-and-see mood.
Next, keep an eye on U.S. stocks and the dollar tonight. Any macro moves are likely to ripple through crypto prices.
#加密货币 #Market Watch
For reference only; this is not investment advice.
Lower trading volume + rising BTC dominance usually point to a defensive stance among investors, making it harder for altcoin rallies to spread. This is consistent with the earlier low Fear Index and the market’s wait-and-see mood.
Next, keep an eye on U.S. stocks and the dollar tonight. Any macro moves are likely to ripple through crypto prices.
#加密货币 #Market Watch
For reference only; this is not investment advice.