The dynamic world of cryptocurrencies experienced a day of mixed sentiments as the global market cap saw a decrease of 1.70%, bringing it to a total of $3.31 trillion. Additionally, trading volumes have also faced a setback, dropping by 4.71% in the last 24 hours to settle at $165.14 billion. The prevailing investor sentiment, as measured by the Fear & Greed Index, stayed neutral at 49, indicating no significant shift in market optimism or pessimism.
Bitcoin Price Slips to $94k!
Bitcoin (BTC), the pioneering cryptocurrency, continues to grapple with selling pressure, registering a 2.37% decrease in the past day. Currently valued at $94,297.62, Bitcoin’s market capitalization stands at $1.86 trillion. Despite a modest increase in its 24-hour trading volume by 1.79% to $63.81 billion, Bitcoin’s momentum is hindered as investors remain hesitant to make bold moves. For those interested in deeper analysis, our Bitcoin Price Prediction offers valuable insights.
Altcoin Today: XRP Stands as Gainer!
In the altcoin arena, Ethereum (ETH) displayed a degree of resilience, with only a slight decline of 0.74%, positioning it at $3,328.24. Meanwhile, Solana (SOL) experienced a minor drop of 0.81%, resting at $194.62. However, XRP distinguished itself by rising 1.66% to $2.35, gaining traction from renewed interest in the token. For comprehensive Ethereum insights, visit our Ethereum Price Prediction.
Top Gainers & Losers
Among the day’s top performers, Strike (STRK) emerged as a significant gainer, soaring 144.31% to reach $18.94. XDC Network (XDC) followed with a respectable 5.26% increase, now trading at $0.09382. Monero (XMR), known for its privacy features, climbed 3.87% to $195.61, proving its resilience during market downturns.
Conversely, some tokens faced downward pressure. AI16Z led the decliners, dropping 20.17% to $1.47. Thorchain (RUNE) also fell, registering a 10.13% decrease to $3.87, while Virtual (VIRTUAL) slipped 9.95% to $3.28, highlighting bearish trends among certain mid-cap assets.
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Frequently Asked Questions
The Fear & Greed Index currently stands at 49, suggesting a neutral market sentiment.
Which cryptocurrency gained the most today?
Strike (STRK) led the gains, rising by 144.31% to reach a price of $18.94.
How did Ethereum (ETH) perform today?
Ethereum (ETH) experienced a modest decline of 0.74% and is currently priced at $3,328.24.
