Crypto market slides: Bitcoin at $83,631, Ethereum at $2,655
- —Bitcoin down 1.14% to $83,630; Ethereum down 0.75% to $2,654.90
- —Bitcoin dominance fell to 58.91%, Ethereum's stood at 11.37%
- —Derivatives volume rose 1.97% to $1.1 trillion
- —Total market cap at $2.85 trillion; altcoins at $1.17 trillion
Why it matters: Rising derivatives volume alongside falling prices points to heavier speculation and the risk of further volatility.
Source: TokenPost