Bitcoin Dominates with 55.18% as Cryptocurrency Market Cap Surpasses $2.8 Trillion

In a significant development for the cryptocurrency market, the total market capitalization exceeded the critical threshold of $2.8 trillion, recently recorded at $2.848 trillion as of November 10th, according to data from CoinGecko. This rise reflects a notable 24-hour price change of 3%, indicating a positive shift in investor sentiment. The trading volume for cryptocurrencies within this timeframe reached approximately $156.544 billion, showcasing robust market activity. Furthermore, BTC dominance remains strong at 55.18%, while ETH dominance is recorded at 13.6%. These metrics are essential for stakeholders seeking to navigate the evolving landscape of digital assets, identifying key trends and potential investment opportunities in a rapidly changing environment.