Cryptocurrency Price Today: The global cryptocurrency market has traded sideways in the past 24 hours, sinking 1.6% in valuation, leading the market cap to $2.22 trillion. With the Fear & Greed Index maintaining steady at 51 (neutral), the market sentiment remains alert as traders await more strong market movements.
Bitcoin Price Analysis: BTC Price Correction Again?
Bitcoin’s price slipped by 1.88%, dropping to $63,139.4. Despite a 12.44% rise in intraday trading volume, the flagship crypto remains under pressure. Investors are concerned about the potential for further corrections, as Bitcoin has shown signs of weakening in recent sessions.
Altcoin Watch: ETH Struggles, TIA Gains?
Ethereum, the 2nd-largest cryptocurrency by market cap, also faced a plunge of 1.81%, trading at $2,627.43. The recent dip leaves Ethereum teetering just above crucial support levels, with market analysts speculating if ETH can maintain its momentum amid broader market uncertainty.
Curious about Ethereum’s future? Dive into our Ethereum Price Prediction for in-depth analysis.
Altcoins Update:
Solana saw a 0.98% drop, trading at $146.47, while XRP dipped by 1.38% to $0.5852. Despite the market pullback, Celestia emerged as the day’s top performer, surging 17.31% to $6.41, followed by Arweave, which gained 14.26%, trading at $23.01.
Top Gainers:
- Celestia: $6.41 (+17.31%)
- Arweave: $23.01 (+14.26%)
Top Losers:
- Unus Sed Leo: $5.55 (-6.53%)
- Pendle: $3.93 (-5.87%)
Stay tuned to our daily news for more updates and price forecasts as the market continues to evolve.