
Bitcoin at $84,642, Ethereum at $2,699 as Market Rises but Derivatives Volume Falls
- —Bitcoin +1.32% to $84,642; dominance up to 58.94%
- —Ethereum +1.14% to $2,699; dominance at 11.42%
- —Derivatives volume fell 9.7% to $787.5 billion
- —Total market cap at $2.885 trillion; DeFi volume down 13.57%
Why it matters: Rising Bitcoin dominance amid falling derivatives volumes points to capital rotating into BTC and traders staying cautious.
Source: TokenPost