Crypto market slides as bitcoin falls to $79,806 and ether to $2,308
- —BTC down 1.26% to $79,805; ETH down 1.79% to $2,308 in 24 hours
- —Bitcoin dominance rose to 60.10%, ether's slipped to 10.56%
- —Derivatives volume up 19.47% to $728.8 billion
- —Total market cap at $2.67 trillion; 24-hour volume $70.25 billion
Why it matters: Rising bitcoin dominance and derivatives volume point to capital concentrating in BTC and heightened speculative activity.
Source: TokenPost