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Crypto Market Update: Bitcoin price, dYdX’s rise, BlackRock’s lead on Robinhood

The crypto market today is witnessing significant shifts. Decentralized exchange dYdX is outperforming Uniswap v3 in trading volume, demonstrating the growing influence of DeFi. Meanwhile, BlackRock’s spot bitcoin ETF has become the most popular among the 11 new funds available on Robinhood in terms of volume.

Bitcoin’s price has seen a decline due to factors including market volatility, earnings season, and macroeconomic indicators. The price of Bitcoin today is $42,081.58, reflecting a -1.90% price drop in the last 24 hours.

Recent Market News

In recent news, the global cryptocurrency market cap today is $1.76 Trillion, a -0.88% change in the last 24 hours. This indicates a slight downturn in the market, influenced by various factors including market sentiment and macroeconomic indicators.

Bitcoin Price Today

As of today, the price of Bitcoin (BTC) is $42,081.58. Despite the recent dip, Bitcoin continues to hold a significant position in the crypto market with a market cap of $835 Billion.

The global crypto market cap today is $1.76 trillion, down 5.59% in the last 24 hours. This reflects the overall state of the crypto market, which is influenced by various factors, including market sentiment, regulatory news, and macroeconomic indicators.

Top 3 Crypto Gainers:

  1. Chiliz (CHZ): Price – $0.1075, 24h Change – 18.38%, Volume (24h) – $317,457,079
  2. Klaytn (KLAY): Price – $0.2224, 24h Change – 15.51%, Volume (24h) – $172,702,620
  3. Blur (BLUR): Price – $0.7212, 24h Change – 13.43%, Volume (24h) – $654,584,759

Top 3 Crypto Losers:

  1. Flare (FLR): Price – $0.02107, 24h Change – -11.20%, Volume (24h) – $63,828,885
  2. Sui (SUI): Price – $1.26, 24h Change – -8.73%, Volume (24h) – $429,245,049
  3. Ethereum Name Service (ENS): Price – $22.52, 24h Change – -4.49%, Volume (24h) – $173,387,033
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