Ethereum

2024

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<ul class="wp-block-list news-points">
 <li>Bitcoin gained market dominance to 53.6% while the overall crypto market fell by 1% in Q3 2024.</li>
 <li>Centralized exchange volumes dropped, with Binance’s market share falling below 40% for the first time since 2022.</li>
 <li>Prediction markets grew by 565% led by Polymarket, largely driven by US election bets.</li>
</ul>
The cryptocurrency market ended <a href="https://www.coingecko.com/research/publications/2024-q3-crypto-report?utm_campaign=2024-q3-crypto-industry-report" target="_blank" rel="noopener noreferrer nofollow">Q3 2024</a> with a flat performance, ending with a market valuation of nearly $2.3 trillion. Despite this, Bitcoin’s dominance remained unaffected while Ethereum struggled.
According to Coingecko’s latest analysis, the crypto market remained volatile in Q3 2024 closing the quarter with a slight 1% decline, leaving the total market cap at $2.33 trillion. Two of the leading crypto assets reacted differently. While Bitcoin’s dominance surged to 53.6%, a significant increase, altcoins like Ethereum and BNB saw a downturn.&nbsp;
Read more :<a href="https://coinedition.com/german-asset-manager-to-issue-32-million-in-bonds-to-buy-more-bitcoin/" rel="noopener noreferrer nofollow">German Asset Manager To Issue $32 Million in Bonds to Buy More Bitcoin</a>
Ethereum’s market share fell by 3.6% despite the launch of Ethereum ETFs in July. Experts attribute this decline to waning interest in the ETH ecosystem. Centralized exchanges (CEXs) also saw a 14.8% drop in trading volumes, ending …
The post <a href="https://coinedition.com/q3-2024-crypto-wrap-up-bitcoins-triumph-ethereums-trouble/" rel="noopener noreferrer nofollow">Q3 2024 Crypto Wrap-Up: Bitcoin’s Triumph, Ethereum’s Trouble</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Q3 2024 Crypto Wrap-Up: Bitcoin’s Triumph, Ethereum’s Trouble

Coin Edition

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