Latest Market Update: #Bitcoin ($BTC) experienced selling pressure, trading below $62,500 on Wednesday. Several altcoins, including #Worldcoin ($WLD), #Ondo ($ONDO), #Solana ($SOL), #Arwwave ($AR), and #Helium ($HNT), were trading in the red. #Ethena ($ENA) surged by 4.82% within 24 hours, marking the highest gain. Conversely, memecoin #dogwifhat ($WIF) recorded the largest loss, plummeting by 11.00% in the same period. Total crypto market volume in the last 24 hours: $63.6 billion, marking a 17.17% decrease.

DeFi volume stands at $5.94 billion, accounting for 9.33% of the total crypto market's 24-hour volume. Stablecoins represent $58.3 billion in volume, constituting 91.66% of the total crypto market's 24-hour volume. Bitcoin dominance has risen to 53.52%, with an increase of 0.11% over the day.

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