The crypto market today has been in a tussle with the bears, as recession fears a nd liquidity pressures have sent shockwaves across crypto assets. The turbulence is such that the Fear & Greed Index has dropped to an “Extreme Fear” score of 15, for the first time since the FTX crash.
Coming to numbers, the crypto industry’s market cap has slid by 4.37% over the past 24 hours to $2.59 trillion. The looming fear around recession in the U.S. has led to liquidations amounting to over $900 million. Curious about the price trends of Bitcoin, and altcoins? Read this news until the very end!
Bitcoin Shows Resilience Yet Again!
Bitcoin managed a sharp bounce from its 24-hour low of $76,624.25, climbing to $80,155.34 by the time of writing. This comes despite the $317.95 M worth of liquidations in the past 24-hours, as posted by Coin Glass. Bitcoin’s market cap currently stands at $1.59 trillion, with trading volume soaring by over 52% to $58.75 billion.
To decode Bitcoin’s next big move, read our Bitcoin (BTC) Price Prediction 2025, 2026-2030 NOW!
Altcoins Drop Big?
Ethereum too took the brunt, dropping 8.36% to $1,893.45. XRP also tumbled, posting a 4.31% decline. Solana price shed 3.53%, floating around $123.35.
Top Gainers & Losers
On the brighter side, MOVE token leads today’s gainers with a 6.49% uptick, followed by STORY IP and OM, which rose by 3.85% and 3.74%, respectively. Among the losers, FET plunged 15.59%, while LDO and UNI fell 13.51% and 11.55%, respectively.
Check our XRP Price Prediction 2025, 2026-2030, to learn how far XRP price can go after Ripple vs SEC lawsuit.
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FAQs
At the time of writing, Bitcoin is trading at $80,155.34 after recovering from a 24-hour low of $76,624.25.
MOVE, STORY IP, and OM are today’s top performers, with MOVE gaining 6.49%, STORY IP up 3.85%, and OM rising 3.74%.
Solana price has declined by 3.53% in the past 24 hours, trading at $123.35.
