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Forked Coin Frenzy or "Flash in the Pan": Cryptocurrency Market Cap Drops Below $4 Trillion

By: theblockbeats.news|2025/09/10 02:12:01

BlockBeats News, September 10th, the altcoin market saw a rebound yesterday, but today did not continue the upward trend and generally entered a correction mode. The TOTAL3 index (total cryptocurrency market value excluding BTC and ETH) fell back from yesterday's high by 1.19%, while Bitcoin's market dominance dropped by 1.23% during the same period, and Ethereum's market dominance rose by 0.28%.

The total cryptocurrency market value has fallen below $4 trillion, currently standing at $3.953 trillion.

If Bitcoin drops below $110,000, the cumulative long liquidation pressure of mainstream CEXs will reach $1.132 billion.

Matrixport associated address deposited 10,000 ETH to a CEX, with 4,272 ETH remaining.