Crypto Market Analysis Today

Crypto Market Analysis Today
On March 31, 2024, the crypto market showed resilience with a market cap of $2.67 trillion and a 24-hour volume of $65 billion.

Bitcoin (BTC) dominance stood at 51.9%, while Ethereum (ETH) dominance was at 16.3%. 4C Health Standard rated at 6.2, and sentiment at 53%. On Binance, OAX, AKRO, and COS led the gainers, while DREP, PNT, and MOB faced losses.

In Binance Futures, 1000RATSUSDT and RVNUSDT surged, while UNFIUSDT and BOMEUSDT declined. BTC/USDT and ETH/USDT dominated trading volumes. BTC traded within a range, urging caution on weekly and monthly candle closes.

Despite this, the market trend remained bullish, with potential for altcoins to benefit from BTC’s sideways movement and a decline in BTC.D. Monitoring these dynamics could provide insights into market opportunities.
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