The crypto market today has been range-bound to yesterday’s numbers, with the business’s market cap down slightly by 1.27% to $2.77 trillion. In the meantime, the trading volume has witnessed a sharp drop of 27.83%, settling at $75.46 billion. The market sentiments continue to be dominated by the bears, which is evident with the Fear & Greed Index slipping down to 27, indicating investors are skeptical.
Bitcoin Volatility Hits 6-Month High, Amid Economic Concerns
Bitcoiners now seem to be worried, as its volatility has hit a 6-month high. The increased price swings are being driven by macroeconomic uncertainties around the globe. Talking about BTC’s price, it is currently changing hands at $84,479.08, after dropping from its 24-hour high of $86,481.36. Bitcoin also saw its 24-hour trading volume drop by 31.63% to $25.31 billion.
Explore our in-depth Bitcoin Price Prediction 2025, 2026-2030 for insights on where BTC could be headed.
Altcoins Struggle Today
The altcoin market followed Bitcoin’s lead with mostly downward movement. Ethereum slipped by 2.05%, currently trading near the $1,973 mark, while XRP declined by 1.12% to $2.41. Solana faced the steepest fall among majors, losing 4% to trade at $127.91.
Check out our Ethereum Price Prediction 2025, 2026-2030 for a detailed look at ETH’s potential.
Top Gainers:
- KAVA: Up by 7.87% to $0.5575
- BERA: Gained 6% to reach $6.45
- BONK: Increased 3.66% to $0.0000119
Top Losers:
- PI: Dropped 20.69% to $0.9223
- CAKE: Fell 6.21% to $2.37
- EOS: Declined 5.53% to $0.5535
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FAQs
Bitcoin is priced at $84,479.08 at the time of writing.
Kava, Bera, and Bonk lead today’s gainers with increases of 7.87%, 6%, and 3.66% respectively.
Ethereum has declined by 2.05% in the past 24 hours, currently trading at $1,973.87.
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