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The cryptocurrency segment continued to stay in the negative territory on Saturday, September 23, as the investors walked through the sideline. The recent performance of the market suggested a change in the traders’ sentiment, evident by the downturn momentum in the market. Meanwhile, the crypto market fear and greed index stayed at 39, indicating a hovering “fear” condition.
During writing, the Bitcoin price was $26,543.14, down 0.35% over the past 24 hours. Its volume slumped 25.71% to $10.2 billion. The week has been generally favorable for the leading cryptocurrency, particularly following its rebound from its latest drop at $25,000. Although it quickly recovered and continued to rise throughout the business week, it struggled to maintain its upward momentum due to volatile trading in the broader market.
Among other cryptos, the Solana price was down 1.30% to $19.44 on Saturday, September 23, and its one-day volume slumped 38.51% to $160.12 million. On the other hand, the BNB price traded at $210.55 during writing, noting a decline of 0.53% over the last 24 hours. Its volume was down 30.34% to $266.38 million as of writing.
The second-largest cryptocurrency, Ethereum price dropped below $1,600 after a 0.7% decrease from yesterday. Talking about meme coins, the Dogecoin price was flat at $0.0616, and the Shiba Inu price surged 0.97% to $0.000007373.
Meanwhile, the majority of altcoins have mirrored BTC’s downward trajectory with slight daily losses. The global crypto market cap decreased by 0.33% over the last 24 hours to $1.05 trillion during writing, and its last 24 hours volume decreased by 91.07% to $21.67 billion.
The top 4 Cryptos For Today Are:
Pepe Coin (PEPE) Surges 11%
The Pepe coin price traded at $0.0000006845 as of writing on Saturday, noting a surge of 11.43% from yesterday. Its one-day volume also jumped 377.58% to $152.74 million. Meanwhile, the gains in the crypto segment seem to have triggered the recent rally in the crypto price, after it witnessed a downturn momentum over the week.
Theta Network (THETA) Rises 9%
The Theta Network price added 9.02% as of writing and traded at $0.6475. On the other hand, its volume tumbled 16.47% to $77.87 million at the same time. Among its recent developments, Theta Labs has secured a U.S. Patent for its computing platform this week, the company said on September 21.
Immutable (IMX) Declines 8%
The Immutable price was down 8.23% to $0.6112 on September 23, while its one-day volume slumped 63.79% to $117.42 million. The crypto has noted significant gains over the week but seems to have failed to maintain the momentum over the weekend. In the last seven days, the Immutable price was up nearly 17%.
MultiversX (EGLD) Slips 2%
The MultiversX price tumbled 2.72% to $25.04 during writing on Saturday. Over the last 24 hours, its volume was also down by 44.73% to $13.99 million, and its market cap fell 2.71% to $650.86 million. Although there is no news about its recent decline, it seems that the broader sentiment has impacted the recent performance of the crypto.
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