The crypto market today is showing a minor pullback, with the total market cap slipping by 2.81% to $3.63 trillion. The intraday trading volumes too have taken a hit of 3.50% to $192.27 billion. The reddish numbers have come as a surprise, as Bitcoin claimed a new ATH above $108k. That being said, the sentiments are fairly optimistic, as the Fear & Greed Index continues to signal “Extreme Greed”.
Bitcoin Slips Again After A Fresh ATH
After claiming a fresh all-time high of $108,268.45, Bitcoin has cooled off, by dropping 2.44% to $104,018.21. The steamy run to new peaks was catalyzed by a strategic reserve proposal and institutional moves, like MicroStrategy’s recent purchase of 15,350 BTC for $1.5 billion. However, its trading volume took a blow of 8.76%, settling at $73.53 billion.
For insights into Bitcoin’s future, explore our Bitcoin Price Prediction.
Altcoins Give Mixed Signals?
The altcoin market painted a mixed picture today. Ethereum dropped by 4.08% to $3,849.25, while Solana was fairly steady, slipping just 1.57% to $217.45. XRP, however, bucked the trend, gaining 0.86% to reach $2.51.
For Ethereum’s detailed analysis, check out our Ethereum Price Prediction page.
Top Gainers:
PENGU: Dominated the market with a 507.98% surge to $0.03039, dominating the market.
- BGB: Climbed 12.88% to $4.07.
- HBAR: Rose 5.33% to $0.2928.
Top Losers:
- APT: Fell 11.35% to $2.68.
- LDO: Declined 9.19% to $2.04.
- HNT: Dropped 8.56% to $7.93.
Stay tuned for more updates and insights into the fast-evolving cryptocurrency space.
FAQs
Bitcoin has dropped by 2.44% in the last 24 hours, trading at $104,018.21.
PENGU surged over 507%, leading the day’s top gainers.
The Fear & Greed Index remains at 80, signaling extreme greed in the market.
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