Who continues its Dominance over the crypto markets?
Updated: Jul 29, 2022
Bitcoin is up 6% on the day to its current trading price of $21,705 dollars per Bitcoin.
Ethereum is up 5% on the day to its current trading price is $1,241 dollars per Ether.
The total market cap of all cryptocurrencies rose 4.1% on the day - up approximately $39.4 billion. The total market cap is now $961 billion.
Bitcoin continues its dominance over the crypto markets.
Bitcoin currently holds a 43% share of the crypto market. Up 0.7% from yesterday.
Ethereum is in second with a 15.7% market share. Followed by Tether in third with 6.8% market share.
The DeFi market is green -
The total market cap for DeFi is up 4.1% on the day to a total of $51.7 billion.
DeFi trading volume is up 11%.
On a list of the Top 100 cryptocurrencies by market cap.
Aave Token ($AAVE) ranked #46 by market cap, was the day's biggest winner.
Aave is a decentralized finance protocol that allows people to lend and borrow crypto. The token rose 18.3% to a current price of $74.54.
On the flip side, Maker ($MKR), ranked #48 by market cap, was the day's biggest loser.
Maker (MKR) is the governance token of the MakerDAO and Maker Protocol. The token
dropped 0.75% to a current price of $990.33.
The crypto Fear and Greed Index, analyzes emotions and sentiments from different
sources and crunches them into one simple number, is currently at 20, indicating there is
“Extreme Fear” in the markets.