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Recently, the Crypto Assets market has shown signs of recovery, with an overall market capitalization rising slightly by 0.94% in the past day. Although there has been a pullback over the week, the monthly increase remains above 13%, demonstrating the resilience of the market.
It is worth noting that market fluctuations in the last 24 hours have caused over 80,000 traders to face liquidation, with total losses exceeding $200 million. This phenomenon highlights the high-risk characteristics of the Crypto Assets market.
Bitcoin, as the market leader, currently maintains around $114,000. Although the price is relatively stable in the short term, its enormous daily trading volume (over $53 billion) highlights the ongoing interest from investors. Bitcoin's total market capitalization is close to $2.3 trillion, continuing to dominate the Crypto Assets ecosystem.
Ethereum has performed remarkably, rising 4% in the last 24 hours to reach $3680. As the leader of smart contract platforms, Ethereum's development is highly regarded, and its nearly $30 billion daily trading volume reflects an active ecosystem and application scenarios.
XRP is also showing a positive trend, with its price breaking through the $3 mark. Although there has been a slight pullback recently, its daily trading volume of $5.6 billion indicates a strong interest in XRP from the market.
Overall, despite the volatility in the short term, the crypto market continues to maintain strong development momentum. Investors should closely monitor market dynamics while being wary of the risks associated with high volatility. As the industry matures, we may see more institutionalization and mainstream adoption cases, driving the entire crypto ecosystem forward.