Crypto market slides: Bitcoin at $85,498, Ethereum at $2,701
- —BTC down 1.21% to $85,498, ETH down 1.10% to $2,701 in 24 hours
- —Bitcoin dominance at 59.01% (-0.12 pp), Ethereum at 11.33%
- —Crypto derivatives volume up 56.29% day over day
- —Total market cap $2.91T, 24-hour volume $81.34B
Why it matters: Rising derivatives and DeFi volumes amid falling prices point to heavy speculative trading and elevated volatility.
Source: TokenPost