Cryptocurrency Market Dips as Bitcoin and Ethereum Decline

The cryptocurrency market is experiencing a downturn, with Bitcoin and Ethereum both declining over the past 24 hours. Bitcoin's market share decreased to 58.81%, down 0.32% from the previous day, while Ethereum's share fell to 11.34%, down 0.14%. Altcoin dominance appears to be rising as funds shift away from major cryptocurrencies.

As of 12:06 a.m. KST on September 16, 2026, Bitcoin was trading at $75,961.23, down 3.16% from the previous day. Ethereum was at $2,412.01, down 3.82%. Top altcoins saw declines including XRP (-0.84%), BNB (-0.65%), Solana (-2.56%), Tron (-1.21%), Dogecoin (-2.89%), and Hyperliquid (-2.95%).

Total cryptocurrency market capitalization stood at $259.54 billion, with a 24-hour trading volume of $88.05 billion. Altcoin market cap reached $168.9 billion, while total altcoin trading volume was $56.03 billion.

Decentralized finance (DeFi) markets saw a 14.21% increase in daily trading volume to $11.24 billion, and stablecoin trading surged by 30.09% to $91.27 billion over the same period. Futures and options trading volume rose 25.99% to $829.66 billion, indicating heightened short-term volatility.