Market Update September 5

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The cryptocurrency market has been on a relatively stable trajectory over the past day, with most major coins experiencing minimal fluctuations in their price.

Bitcoin saw a modest increase of 0.89% in its price, reaching $47,189. Ethereum, the second-largest cryptocurrency, also saw a modest increase of 0.78%, reaching $3,351.

The overall market cap of the crypto market also saw a small increase of 0.98%, reaching $2.01 trillion. In terms of trading volume, the market saw a decrease of 5.43%, with a 24-hour volume of $64.8 billion.

Bitcoin dominance remained steady at 56.3%, while Ethereum dominance increased slightly to 14.5%.

BNB, the native token of the popular Binance exchange, has seen a decrease of 0.59% in its value over the past 24 hours. On the other hand, Solana (SOL) has seen a positive price movement of 1.96%. XRP, the cryptocurrency made by Ripple, has seen a minimal increase of 0.03% in its price over the past 24 hours.

Dogecoin, the meme-inspired cryptocurrency, saw a marginal increase of 1.90% in its price over the past day, whereas TRON, the decentralized platform for building and deploying dApps, saw a dip of -1.35% in its price over the past day.