Global Crypto Market Cap Falls 3.8% to $3.97 Trillion
The downturn comes despite an increase in overall trading volume across the cryptocurrency market.
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Terms & Concepts
- Market Capitalization: The total value of a cryptocurrency or the entire market, calculated by multiplying the current price by the total circulating supply.
- Trading Volume: The total amount of a cryptocurrency traded over a specified period, indicating market activity and liquidity.