Bitcoin slips to $80,655, Ethereum to $2,376 as trading volumes shrink
- —BTC fell 1.38% to $80,654.61; ETH lost 1.28% to $2,375.91 in 24 hours
- —Bitcoin dominance rose to 60.07%, Ethereum's to 10.75%
- —Derivatives volume dropped 19.66% to $598.3 billion
- —Total market cap stands at $2.7 trillion; XRP -2.99%, SOL -2.42%
Why it matters: Falling derivatives volumes and rising bitcoin dominance point to risk-off positioning and capital concentrating in BTC.
Source: TokenPost