The day has been relatively rough for the broader crypto market, as the total market cap of the business declined by 1.47% to $3.6 trillion over the past day. Amidst the slump, the trading volume too went reddish by 10.71%, taking the numbers to $194.73 billion. Despite the downturn, the Fear & Greed Index remains at 78, signaling greed among market players.
Bitcoin Holds $100k Amid Volume Drop
Bitcoin continues to hold its roots on the daily chart firm, despite a 0.97% slip in price, to $100,142.14, at press time. Trading volume for BTC has fallen significantly by 17.46%, settling at $65.34 billion. While its 24-hour high of $102,524.91 indicates potential for recovery, current trends suggest a cautious market outlook.
For an in-depth look at Bitcoin’s future performance, explore our detailed Bitcoin Price Prediction.
Altcoins Watch: ETH, SOL, XRP Prices Slump?
Ethereum’s price went lower by 0.57% to $3,924.92, showing better resilience compared to other top-tier assets. In the meantime, Solana, saw a steeper fall of 2.98%, closing at $223.96. XRP on the other hand, plunged 2.34% to $2.38, mirroring the market momentum.
For a deeper dive into Ethereum’s potential, check out our latest Ethereum Price Prediction.
Top Gainers:
- VIRTUAL: Leads with an 18.98% surge, trading at $2.28.
- HBAR: Gains 8.82%, priced at $0.3232.
- OP: Climbs 6.57% to $2.61.
Top Losers:
- MOVE: Drops 8.80% to $0.6257.
- MANTRA: Declines 8.13%, trading at $3.88.
- BEAM: Sheds 7.62% to $0.03565.
FAQs
Bitcoin (BTC) is trading at $100,142.14, reflecting a 0.97% dip in the past 24 hours.
VIRTUAL (+18.98%), HBAR (+8.82%), and OP (+6.57%) were the top gainers over the last 24 hours.
The Fear & Greed Index stands at 78, indicating strong “Greed” sentiment in the market.
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