Market Report from a Certain Exchange on July 4: BTC Trades in a Narrow Range, Altcoins See Broad Declines

Odaily Planet Daily News According to a July 4 market report from a certain exchange, the total market capitalization of the cryptocurrency market is approximately $3.37 trillion, up 0.15% from the previous day.
BTC is consolidating in a narrow range around $109,000, with a market dominance currently at 64.4%, still near a four-year high. Yesterday, BTC ETFs saw a net inflow of $377 million, indicating that institutional funds continue to increase their allocation to Bitcoin.
ETH is currently consolidating in a narrow range around $2,580 and is expected to continue its upward movement. Yesterday, ETH ETFs saw a net inflow of $63 million.
The altcoin market generally rose, with market risk sentiment increasing.
The Fear and Greed Index is currently at 55, indicating that market sentiment remains in the neutral range.
According to X Insight data from a certain exchange, the current sentiment in the crypto market is extremely optimistic, with a 24-hour market sentiment index of +116.
Social buzz in the crypto market is very high, with an average SSI of 68.
Market warnings are at a high level, with both abnormal social activity and polarized sentiment for the top ten coins reaching 100%. INJ's ranking surged by 13 places, and most coins saw price declines, indicating a significant divergence between positive narratives and actual price trends. Investors are advised to be cautious of an overheated market and high volatility.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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