A new week is not always an exciting one for the crypto business. Likewise, the crypto market today has taken a slight downturn, with the market capitalisation slipping by 1.07% to $2.73 trillion. This dip, however, led to marketers making positions, as a result, the business in 24 hours shot up 42% to $66.68 billion. Coming to sentiments and its impact, the Fear & Greed Index has retreated to “Fear” territory and a score of 22.
Bitcoin Maintains Its Support at $83k
Bitcoin has continued to hold its command at its crucial price zone of $83k, despite slipping 1.31% in the past 24 hours. It welcomed $23.68 Billion in trading volumes over the previous day, a spike of 82.90%. Its market cap on the other hand is presently hovering around $1.65 trillion. BTC price holding its key support levels will be crucial in determining its next big move in the coming days.
Now that you are curious about BTC’s future movements, read our Bitcoin Price Prediction 2025, 2026-2030.
Altcoin Watch: Ethereum, SOL & XRP See Sell Offs!
Ethereum mirrored the broader market correction, slipping 1.53%. Currently trading under the $2,000 mark, ETH’s recent price action highlights ongoing profit-taking by investors. Meanwhile, XRP dropped nearly 2% and Solana took the biggest hit among majors, plunging almost 5%.
For insights on XRP’s future, read our latest Ripple (XRP) Price Prediction 2025, 2026-2030.
Top Gainers & Losers
BNX stole the limelight among altcoins today, zooming up by over 56%, making it the best-performing token in the top 100. CAKE and BERA also posted notable gains, chugging up 9.91% and 7.83%, respectively. On the losing side, MOVE fell by 6.67%, while PI and TIA also ranked among the top losers with losses exceeding 6%.
Stay tuned for more daily insights into the crypto market’s movers and shakers.
FAQs
Bitcoin is currently priced at $83,329.22.
BNX, CAKE, and BERA are the top gainers today, with BNX soaring over 56% in the last 24 hours.
Solana price experienced a sharp decline, dropping nearly 5% over the past day.
