The cryptocurrency market opened the day on a cautious note as the overall sentiment leaned toward fear. The market cap saw a modest rise of 0.15%, settling at $2.72 trillion. However, trading activity slowed down slightly, with 24-hour volumes dipping by 1.59% to $71.59 billion. The Fear & Greed Index glid down to 23, reflecting a more defensive stance among traders amid mixed price action.
Bitcoin Holds Firm Despite Market Caution
Bitcoin maintained its position above the $82k mark, closing in on its 24-hour high of $83,438. While its price remained relatively stable with a marginal dip of 0.03%, BTC’s dominance was concreted as BlackRock’s IBIT recorded its largest single-day inflow in 6 weeks. The addition of 2,660 BTC, worth ~$217 million, indicates that institutional confidence remains intact despite retail uncertainty.
For an overview of BTC’s potential trajectory, explore our Bitcoin Price Prediction 2025, 2026-2030.
Altcoins Display Mixed Sentiment
Ethereum showed signs of recovery, gaining 1.64% in the last 24 hours, while XRP posted a modest increase of 0.28%. Solana also moved an inch higher, climbing 1.31% as major altcoins benefited from broader market stability.
Thinking of stacking some XRP before its case closure? Read our Ripple (XRP) Price Prediction 2025, 2026-2030 for potential price targets!
Top Gainers & Losers
On the leaderboards, EOS made it to the spotlight with a remarkable 25.72% surge, while RAY and MKR followed next, gaining 12.96% and 8.62%, respectively.
However, not all tokens hopped on to the bullish momentum. FORM led the losers with a 13.26% drop, followed by CAKE, down 7.49%, and CRO, which slipped 5.33%.
FAQs
At press time, Bitcoin is priced at $82,966.84.
EOS, RAY, and MKR are today’s top performers, gaining 25.72%, 12.96%, and 8.62% respectively.
The Fear & Greed Index is at 23, indicating “Fear” and suggesting cautious sentiment among traders.
