The crypto market is now stabilizing after facing a rough patch, with the total market cap now holding firm roots at $3.31 trillion. The intraday trade however saw a decline of 1.50%, taking the numbers to $150.08 billion. Meanwhile, the Fear & Greed Index has managed to stay at a neutral score of 55, highlighting a balance in market sentiments.
Bitcoin Price Drops to $93k?
Bitcoin price witnessed a dip of 2.14% in the last 24 hours, with its price at $93,990.75. Despite the decline, trading volumes for BTC increased by 2.99% to $54.79 billion, hinting at heightened interest in trading during the price dip. With a market cap of $1.86 trillion, Bitcoin’s recent price movement reflects cautious investor sentiment in a neutral market.
For a detailed outlook, check out our Bitcoin Price Prediction
Altcoins in Focus: ETH, SOL, XRP Surge
Ethereum outperformed most major altcoins, posting a 1.51% gain to trade at $3,395.50. Solana showed impressive momentum, climbing 4.04% to reach $191.53. Meanwhile, XRP saw a modest rise of 0.94%, now priced at $2.23. These movements suggest that select altcoins are attracting more attention amid Bitcoin’s sluggish performance.
Explore our Ethereum Price Prediction for deeper insights into ETH’s potential path.
Top Gainers and Losers
Among the top-performing tokens, PENGU led the charge with a remarkable gain of 28.60%, followed by BGB, which climbed 21.35%, and ZEC, up 16%. Conversely, FTM dropped 4.05%, while XMR and BTC lost 3.26% and 2.16%, respectively.
FAQs
The Fear & Greed Index stands at 55, indicating a neutral sentiment in the market.
The top gainers were PENGU (+28.60%), BGB (+21.35%), and ZEC (+16%).
Ethereum (ETH) rose by 1.51% in the past 24 hours, reaching $3,395.50.
