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**Crypto Market Cap Slides Below $2.3 Trillion as Bitcoin and Ethereum Show Mixed Dominance**
The broader cryptocurrency market has experienced a notable pullback, with the total crypto market cap slipping below the $2.3 trillion threshold, currently hovering around $2.287 trillion according to market data. The 24-hour trading session reflected downward pressure, recording a 3.4% decline across the sector.
Within this market environment, the market leadership remains concentrated among major cryptocurrencies. Bitcoin (BTC) continues to maintain significant dominance with a 56.50% market share, reinforcing its position as the leading digital asset. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, holds an 11.76% share of the overall crypto market cap, though showing some compression compared to earlier periods.
This movement in the crypto market cap comes as traders reassess positions across digital assets, with the distribution of market dominance between Bitcoin and Ethereum illustrating how closely investors are monitoring both the flagship cryptocurrency and the leading smart contract platform.