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Bitcoin dips slightly as Ethereum holds steady amid a sharp drop in crypto derivatives volume.

Market News
09 Aug 2026
Tokenpost
View Source
Neutral
Bitcoin dips slightly as Ethereum holds steady amid a sharp drop in crypto derivatives volume.

Bitcoin's price fell marginally by 0.26% to around $64,800, while Ethereum edged up 0.09% to about $1,917, reflecting a cautious market mood. Crypto derivatives volume plunged over 51%, signaling reduced leverage and fewer short-term bets, while stablecoin and DeFi trading volumes also declined. Bitcoin's market dominance slipped slightly, hinting at a modest rotation toward altcoins, but overall market activity remains subdued. Investors are advised to watch for continued volume shifts and dominance trends to gauge potential market direction.

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