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The crypto market is showing significant signs of bulls. Bitcoin and most major Altcoins have shown promising price recovery. The Fear And Greed Index even though is still pointing at the fear zone, it is up by two points since yesterday and now stands at 37/100.
Bitcoin’s (BTC) price, is still below the $30,000 threshold at $26,305.77 and is up by almost 2% in the last day. Other well-known altcoins, Cardano (ADA), Polkadot (DOT), and Solana (SOL) experienced gains on the other side of the border.
Ethereum is trading at $1,649.57, with a 0.67% increase in the last 24 hours. Among other prominent cryptocurrencies, the XRP coin price observed gains of 0.48%. Solana faced the bulls, with its price increasing by 1.46%. On the other hand, Polygon (MATIC), which traded on red lines a few days back, is again down by 1.84% since the last day. Polkadot coin price saw an increase of almost 1.01% in one day.
The realm of meme cryptocurrencies shows mixed sentiment. In the past 24 hours, Dogecoin’s price increased by around 0.33%, while Shiba Inu’s token price is down by 0.02%, in the last 24 hours.
The crypto market today is showing some price recovery with few exceptions. The global crypto market cap is significantly up from yesterday and now stands at $1.06 trillion. The 24-hour crypto market volume is $25.03 billion, with a more than 6.32% decrease.
The top 4 cryptos for today are:
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Pepe coin is up by 0.24%
Pepe coin price is facing small bulls for two consecutive days. The price is up by almost 1% since yesterday. It is trading at $0.0000008058, at the time of writing. It holds a global market cap of $315.73 million. The price faced stiff resistance at the upper levels, and the bulls weakened as a result. After that, the price fell, forming a channel pattern.
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ASTR crypto token is up by 4.42%
Astar’s ASTR token is up by more than 4% in the last 24 hours. Its price is trading at $0.06035, at the time of writing. It holds a global market cap of $316,704,723. One of the best smart contract platforms in Japan is Astar Network.
Also Read: JPMorgan Forges Ahead with Blockchain Deposit Tokens for Settlements
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XDC crypto token is up by 4.24%
XDC Network’s XDC is up by more than 4% in the last 24 hours. Its price is trading at $0.05687, at the time of writing. It holds a global market cap of $788,490,163. Considering its adaptability and the fact that investors have great expectations for the token, XDC Network is anticipated to be bullish. In contrast, XDC Network has been sinking rapidly into the red over the last few weeks, so this price recovery gives the community some reason for optimism.
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SNX token is down by 3.19%
Synthetix’s SNX token is down by more than 3% in the last 24 hours. Its price is trading at $2.25, at the time of writing. It holds a global market cap of $605,563,491. This occurs even though the system, known as one of the forerunners of decentralized liquidity providers, announced the emergence of a newer, more sophisticated, and more user-centric version of its whole system, known as Synthetix V3.
Also Read: CFTC Cracks Down on DeFi Platforms for Illegal Trading of Crypto Derivatives
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