Bitcoin (BTC) awaits a bullish catalyst, while crypto market continues to dip

As Bitcoin appears to be prolonging the same tedious cycle of recent weeks, the global crypto market cap presently stands at $1,37 trillion, a 0.25% decrease over the last day, according to figures released by CoinMarketCap.

Currently, the world’s most valuable cryptocurrency, Bitcoin , in terms of market capitalization, is valued at $32,809, showing market domination of 44.91%, an increase of 0.7% in the last 24 hours. However, it is stuck in a tightening price range while awaiting the next upward momentum.

Meanwhile, the entire market volume over the previous 24 hours is $72,28 billion, indicating a 7.24% decline. In general, the total volume in DeFi is at present $7.36 billion, accounting for 10.19% of the total 24-hour volume in the crypto market.

Keep reading