The global cryptocurrency market capitalization has decreased by 1.52% in the past day, currently standing at $3.36 trillion, according to CoinMarketCap data. Over the last 24 hours, Bitcoin (BTC) traded between $106,900 and $109,506. As of 09:30 AM UTC today, BTC is trading at $107,196, down by -1.07%. Most major cryptocurrencies by market cap have experienced losses, with VOXEL, FLM, and TRB showing significant gains of 19%, 17%, and 16% respectively. notable developments include an increase in trading volume on Binance DEX (over 130%) over the past week, and comments from various crypto experts highlighting the growing influence of cryptocurrencies, especially amidst a potential economic downturn.