The crypto market is now stabilizing after going through a rough patch, with the total market capitalization now firmly anchored at $3.31 trillion. Intraday trading, however, saw a decline of 1.50%, taking the figures to $150.08 billion. Meanwhile, the Fear & Greed Index managed to remain at a neutral score of 55, highlighting a balance in market sentiments.
Bitcoin price drops to $93,000?
Bitcoin price saw a 2.14% decline over the past 24 hours, with a price of $93,990.75. Despite this drop, trading volumes for BTC increased by 2.99% to $54.79 billion, suggesting increased trading interest during the price decline. With a market capitalization of $1.86 trillion, Bitcoin’s recent price action reflects cautious investor sentiment in a neutral market.
For detailed insights, see our Bitcoin Price Prediction
Focus on Altcoins: 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 $191.53. Meanwhile, XRP saw a modest rise of 0.94%, now priced at $2.23. These moves suggest that some altcoins are attracting more attention amid Bitcoin’s lackluster performance.
Explore our Ethereum Price Prediction for a deeper look at ETH’s potential path.
Top winners and losers
Among the best performing tokens, PINGOU led the charge with a remarkable gain of 28.60%, followed by BGBwhich climbed 21.35%, and ZECup 16%. Vice versa, FTM fell by 4.05%, while XMR and BTC lost 3.26% and 2.16% respectively.
FAQs
The Fear & Greed Index stands at 55, indicating neutral market sentiment.
The main gainers were PENGU (+28.60%), BGB (+21.35%) and ZEC (+16%).
Ethereum (ETH) increased by 1.51% in the last 24 hours, reaching $3,395.50.
