The crypto market today is facing challenges, with a noticeable decline following the optimism surrounding the previous day’s Crypto Summit. The total market capitalization has fallen by 1.56%, currently hovering around $2.84 trillion. Trading volume has also moved south by 10%, now at $116.4 billion, as investor sentiment remains cautious. Talking about sentiments, the Fear & Greed Index stands at 25, reflecting an overall state of fear across the market.
Bitcoin Price Drops to $86k Post Crypto Summit?
Bitcoin has posted a plunge of 2.08%, taking its price down to $86,175.58. BTC’s market cap now stands at $1.7 trillion, and its dominance remains strong at 60.3%. The 24-hour low for Bitcoin reached $85,247.48, while the high for the day spiked at $109,114.88, showcasing the volatility within this period.
Curious about BTC’s next price milestone? Read our Bitcoin (BTC) Price Prediction 2025, 2026-2030!
Altcoin Watch: XRP News Makes Buzz!
Ethereum has also seen a dip of 1.64%, with its price now at $2,137.56. Other major altcoins like XRP, and Solana have posted declines of 6.42% and 2.60%. Coming to XRP news, according to attorney Fred Rispoli, the Ripple vs SEC case could end with Ripple paying a $125M fine.
Keen on stacking some XRP, but worried about its returns? Check out our XRP Price Prediction 2025, 2026-2030!
Top Performers:
- ENA: +14.96%
- BTT: +5.59%
- LTC: +4.54%
Top Losers:
- KAS: -9.25%
- AAVE: -7.62%
- QNT: -7.45%
FAQs
The market has shown a decline today, with the overall market cap down by 1.56%, settling at $2.84 trillion.
Bitcoin has dropped by 2.08%, bringing its price down to $86,175.58.
Ethena has surged by 14.96%, and BitTorrent followed closely with a 5.59% increase.
