The cryptocurrency market is experiencing varied emotions today as the total market capitalization has decreased by 1.70%, now valued at $3.31 trillion. Additionally, trading volumes have suffered a decline, dropping by 4.71% over the past day to reach $165.14 billion. Despite these fluctuations, the Fear & Greed Index remains stable at 49, signifying a neutral stance among investors who are eagerly observing for clearer market directions.
Bitcoin Price Slips to $94k!
Bitcoin (BTC) is encountering notable selling pressure, having declined by 2.37% in the last 24 hours. The premier cryptocurrency is currently valued at $94,297.62, with its market capitalization standing at $1.86 trillion. Although there was a slight increase in 24-hour trading volume by 1.79% to $63.81 billion, BTC struggles to regain its momentum as investors proceed with caution. For a deeper exploration of Bitcoin trends, visit our Bitcoin Price Prediction page.
Altcoin Today: XRP Stands as Gainer!
Ethereum (ETH) demonstrated resilience, registering only a 0.74% drop to trade at $3,328.24. Solana (SOL) experienced a minor decrease of 0.81%, with its price at $194.62. In contrast, XRP emerged as a notable gainer among major cryptocurrencies, rising by 1.66% to $2.35, driven by renewed interest in this digital asset. For a comprehensive analysis of Ethereum, check out our Ethereum Price Prediction.
Top Gainers & Losers
In the realm of top gainers, Strike (STRK) shone brightly, soaring 144.31% to reach $18.94. XDC Network (XDC) followed with a 5.26% rise, now trading at $0.09382. Privacy-centric Monero (XMR) also performed well, increasing by 3.87% to $195.61, affirming its status as a dependable asset during market downturns.
On the downside, AI16Z led the decliners, plunging 20.17% to $1.47. Thorchain (RUNE) decreased by 10.13% to $3.87, while Virtual (VIRTUAL) fell by 9.95% to $3.28, reflecting a bearish outlook in certain mid-cap cryptocurrencies. Stay connected with us for daily insights from the crypto world!
FAQs
What is the current Fear & Greed Index score?
The Fear & Greed Index is currently at 49, which indicates a neutral sentiment in the market.
Which cryptocurrency gained the most today?
Strike (STRK) led the market today, surging by 144.31% to $18.94.
How did Ethereum (ETH) perform today?
Ethereum (ETH) recorded a modest decline of 0.74% and is currently priced at $3,328.24.
