Bitcoin's price remains below $85000 as market fear keeps investors cautious. Altcoins also lose momentum, except for a few tokens.
Bitcoin Market Situation
Bitcoin's price couldn't surpass the $85000 mark, while its trading volume dropped by nearly 50% in the past 24 hours. The market cap stands at $1.66 trillion. At the time of writing, Bitcoin's price is $84130.
Altcoin Rises and Falls
Ethereum gained 2%, trading around $1985, but failed to breach the $2000 resistance. HyperLiquid's token (HYPE) rose by 14%, reaching $16. CRV climbed 8.4%, trading at $8.37. Among the decliners, DEXE lost 7%, the current price is $17.65, and CAKE dropped 4.2%, priced at $2.69.
Global Crypto Market Today
According to Coinmarketcap data, the global crypto market cap today stands at $2.76 trillion with a 24-hour trading volume of $50 billion.
The cryptocurrency market continues to exhibit volatility with fluctuations in both Bitcoin and altcoin prices. Investors are advised to monitor market changes closely.
