Market Update August 23

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Over the past day, the cryptocurrency market has seen some interesting price movements. The two biggest players, Bitcoin and Ethereum, have both experienced small increases in value, while the market as a whole has also gone up in terms of overall market cap.

Starting with Bitcoin, the leading cryptocurrency had a 0.55% increase in value, bringing its price to $61,256.18.

Similarly, Ethereum, the second largest cryptocurrency, also saw a positive movement with a 2.14% increase in value. Its price is now at $2,671.83.

In terms of overall market cap, the cryptocurrency market has increased by 1.00%, reaching a total of $2.17 trillion.

The 24-hour volume stands at $58.29 billion, a significant decrease of 16.69% from the previous day.

Bitcoin currently holds a dominance of 55.7%. This means that more than half of the total market capitalization belongs to Bitcoin. Ethereum holds a dominance of 14.8%.

Altcoins price movements: BNB +0.08%, Solana +1.31%, XRP -0.01%, Toncoin +1.54%, Dogecoin +1.10%, and Cardano +5.01%.