The cryptocurrency market is currently struggling, as most of the 10 best downs see. While Bitcoin (BTC) showed some flexibility, many altcoins in red, which leads to a general feeling of uncertainty among investors.
The price of Bitcoin, the market leader, is 99,780 dollars, which indicates a slight increase of 2.59 % in the past 24 hours, but it still does not suffer from the expected upward increase. ETHEREUM (ETH), which is $ 3,104, has witnessed a decrease of 5.93 % over the past 24 hours, indicating a wider twice in the Altcoin market.
XRP ($ 2.85) has also faced a decrease, despite the initial rise, a decrease of 6.47 % in the past 24 hours. Likewise, Solana (Sol) had a rough patch, with a 9.57 % decrease over the past 24 hours and 18.75 % decreased last week. Binance Coin (BNB) has followed the declining trend, seeing a 3.45 % decrease.
Tether (Usdt) and Coin Usd (USDC), the main stablecoins remained stable at $ 1.00, but it does not benefit from market fluctuations. Other altcoins also fought like Dogcoin (Doge), Cardano (ADA) and TON (TRX), which indicates the minimum moderate decreases during the past 24 hours.
The total market value is currently encrypted at 3.38 trillion dollars, but the broader market morale is still weak. With bitcoin dominating 58.55 %, many are waiting for the market to find the direction, as investors are cautious in the face of continuous shrinkage. The fear and greed index sits in 54 years, hinting at a neutral position amid uncertainty.
