The cryptocurrency market shows a 0.97% drop in market cap to $2.19T without affecting the fear and greed index, which remains at a neutral score of 50. Bitcoin and Ethereum prices hold steady.
Current Bitcoin Prices
The BTC price is currently at $63,004.14 with a negative intraday change of 1.24%. The trading volumes over the previous day also took a setback by ~30%. The recent drop could be related to the MVRV ratio testing the 90-day moving average, which has historically been a negative sign.
Altcoins State Today
Ethereum is currently holding onto its $2.5k level firm, changing hands at $2,549.90 at the time of press with a change of -0.06%. Solana and XRP prices saw a dip of 1.05% and 0.74% respectively, to $146.96 and $0.5827.
Top Crypto Gainers and Losers
Top crypto gainers today: - Sei is today’s top gainer at 8.93% gains with a price tag of $0.3695. - Neo follows the list with 3.8% and a tag of $10.39. Top crypto losers today: - WIF price witnessed a drop of 7.85% to a tag of $1.71. - CKB continues its correction phase with a negative change of 6.89% at $0.0162.
A stagnation phase can be expected over the weekend. However, we do have positive news coming, as MicroStrategy plans to raise $1 billion to stack more Bitcoin.
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