Mar 19, 11:01 PM

Cryptocurrency Market Cap Rebounds to $2.91 Trillion After 4% Decline, Trading Volume Hits $108 Billion

The global cryptocurrency market experienced fluctuations in recent days, with a notable decline followed by a recovery. As of March 18, the total market capitalization decreased by 4% to $2.77 trillion amid rising geopolitical tensions and uncertainty surrounding the upcoming Federal Open Market Committee (FOMC) meeting. Trading volume during this period was reported at $84.3 billion, with Bitcoin dominance at 58.5% and Ethereum dominance at 8.2%. However, by March 20, the market cap rebounded to $2.91 trillion, reflecting a 1.4% increase, as traders anticipated positive developments from the FOMC meeting. The total trading volume on this day reached $108 billion, with Bitcoin dominance slightly decreasing to 58.1% and Ethereum dominance increasing to 8.51%.

#Federal Open Market Committee #FOMC #Bitcoin #Ethereum

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Cryptocurrency Market Cap Rebounds to $2.91 Trillion After 4% Decline, Trading Volume Hits $108 Billion

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