The crypto market is down from yesterday and even though Bitcoin is still bullish momentum, some major Altcoins are already facing the bears. The Fear And Greed Index is down two points from yesterday and now stands at 40/100. The crypto market cap has also gone down.
Bitcoin’s (BTC) price, was quite bullish today but was still below the $30,000 threshold at $27,255.75, and up by around 0.25% in the last hour. Other well-known altcoins, Cardano (ADA), Solana (SOL), and Polkadot (DOT) experienced losses on the other side of the border.
Ethereum is trading at $1,701.73, with almost 1% decrease in the last 24 hours. Among other prominent cryptocurrencies, the XRP coin price observed a loss of 1.02%. Solana also faced losses, with its price decreasing by 4.39%. On the other hand, Polygon (MATIC), which traded on red lines a few days back, is again down by 0.77% since the last day. Polkadot coin price saw a decrease of almost 2.32% in one day.
The realm of meme cryptocurrencies tells a different story. In the past 24 hours, Dogecoin’s price witnessed an increase of around 0.12%, while Shiba Inu’s token price is however, down by almost 1.57%, in the last 24 hours.
The crypto market today is primarily bullish with very few exceptions. The global crypto market cap has increased vividly since yesterday and now stands at $1.07 trillion. The 24-hour crypto market volume is $29.28 billion, with a more than 46.86% decrease.
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 $0.000000864, at the time of writing. It holds a global market cap of $339.28 million. Following its ferocious rise in Q2, 2023, PEPE has started a protracted decline trend.
XDC Network’s XDC token is also facing the bears today. XDC token price is down by more than 5% in the last 24 hours. Its price is trading at $0.05954, the the time of writing. It holds a global market cap of $822,797,727. Tradeteq, a UK-based marketplace for private debt and physical assets, recently declared that it had started a tokenized US Treasury offering on the layer 1 blockchain XDC Network.
Also Read: Bitcoin to Take Centre Stage In US Presidential Elections After Grayscale Victory
ASTR 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 $0.05635, the the time of writing. It holds a global market cap of $288,576,787. There was an announcement, a couple of months back of revamped tokenomics, which would see it destroy or burn more tokens.
KuCoin (KCS) token is also facing the bears today. KCS token price is down by almost 5% in the last 24 hours. Its price is trading at $4.29, the the time of writing. It holds a global market cap of $415,399,612. One benefit of KuCoin is that, according to how much of their KCS they own, holders of KCS receive proportionate daily dividends from the exchange’s trading costs.
Also Read: BTC Price Defends $27k As The Sell-Off Ends, Start Of Bull Run?
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