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The crypto market is trading with mixed sentiments today. Over the weekend, the cryptocurrency market was range-bound and is still moving in the same direction. The fear and greed index for cryptocurrencies also held constant throughout the weekend but declined as soon as the week began. With a score of 35/100, the index is currently in the fear zone.
Bitcoin’s (BTC) price, is still below the $30,000 threshold at $25,698.19 and is down by around 1.13% only in the last day. Other well-known altcoins, Cardano (ADA), Solana (SOL), and Polkadot (DOT) experienced losses on the other side of the border.
Ethereum is trading at $1,621.84, with a 1% decrease in the last 24 hours. Among other prominent cryptocurrencies, the XRP coin price observed a loss of 0.93%. Solana also faced beatings, with its price decreasing by 2.89%. On the other hand, Polygon (MATIC), which traded on red lines a few days back, is again up by 1.15% since the last day. Polkadot coin price saw a decrease of almost 1.10% in one day.
The realm of meme cryptocurrencies tells the same story. In the past 24 hours, Dogecoin’s price decreased by around 0.21%, while Shiba Inu’s token price is down by almost 3.40%, in the last 24 hours.
The crypto market today is primarily bearish with very few exceptions. The global crypto market cap has decreased vividly since yesterday and now stands at $1.04 trillion. The 24-hour crypto market volume is $24.27 billion, with a more than 15.78% increase.
The top 4 cryptos for today are:
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Pepe coin is down by 2.95%
Pepe coin price is facing the bears today after facing gains yesterday. The price is down by almost 3% since yesterday. It is trading at $0.0000007933, at the time of writing. It holds a global market cap of $310.82 million. It will be evident that prices have recovered if the PEPE Coin price rises over $0.00000083.
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GALA crypto token is down by 5.61%
GALA token is down by more than 5% in the last 24 hours. Its price is trading at $0.01587, the the time of writing. It holds a global market cap of $371,240,341. After Wright Thurston and Eric Schiermeyer, co-founders of Gala, initiated litigation against one another, the price dropped.
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ASTR crypto token is down by 5.44%
Astar’s ASTR coin is also facing the bears today. ASTR token price is down by more than 5% in the last 24 hours. Its price is trading at $0.05271, the the time of writing. It holds a global market cap of $275,852,145. One significant milestone for Astar occurred when Binance officially began operations in Japan. At the time of its debut, ASTR was one of 34 tokens supported by Binance Japan for trading. However, the news failed to show any long-term price recovery.
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XLM token is up by 3.98%
Stellar’s XLM token is up by almost 4% in the last 24 hours. Its price is trading at $0.1274, the the time of writing. It holds a global market cap of $3,510,726,493. As reported earlier by CoinGape Media, the price surge comes after a Saturday’s X post teased that “something cool is dropping in 10 days.”
Also Read: Nearly 300,000 Ethereum Transferred to Coinbase By Two Whales, ETH Price Dump Soon?
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