Forked Coin Frenzy or "Flash in the Pan": Cryptocurrency Market Cap Drops Below $4 Trillion
By: theblockbeats.news|2025/09/10 02:42:46
BlockBeats News, September 10th, the altcoin market saw a rebound yesterday, but today did not continue the upward trend and generally entered a correction mode. The TOTAL3 index (total cryptocurrency market value excluding BTC and ETH) fell back from yesterday's high by 1.19%, while Bitcoin's market dominance dropped by 1.23% during the same period, and Ethereum's market dominance rose by 0.28%.
The total cryptocurrency market value has fallen below $4 trillion, currently standing at $3.953 trillion.
If Bitcoin drops below $110,000, the cumulative long liquidation pressure of mainstream CEXs will reach $1.132 billion.
Matrixport associated address deposited 10,000 ETH to a CEX, with 4,272 ETH remaining.
You may also like
Share
Gainers
Latest Crypto News
07:45
A whale bought 65.65 WBTC the day before liquidation and suffered a loss of $316,000.
07:15
Ripple Labs Granted Expansion of Payment Business Operations in Singapore
06:45
Arthur Hayes: If Tether holds illiquid assets, any mishap could trigger questions about overcollateralization
06:45
The current mainstream CEX and DEX funding rate indicates a weakening bearish market sentiment.
06:15
Lawyer's Interpretation of the "1128" Regulation Policy: Focus on Regulating Activities Using Stablecoins for Illegal Foreign Exchange交
Read more
Community
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]