• The best performers were LUNA, USTC, HT and HBAR
  • The worst performers were HIVE, FLUX, XLM and APE
  • The fear and greed index value dropped to 20

The crypto market opened on a sluggish note Wednesday with leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) not showing any promising price movement. In the last 24 hours, these tokens were a tad bullish, up 0.19% and 0.71% respectively.

The world’s biggest cryptocurrency is barely holding on to the $19,000 price level after it lost $20,000 Tuesday. Ether lost $1,300 the same day.

The trading volume of BTC dropped 7.19% in the last 24 hours, while that of ETH dipped 15.61%, indicating decreased interest from investors.

BTC and ETH tokens were priced at $19,080 and $1,286 respectively as of 12.08 a.m. ET, according to data from CoinMarketCap. The crypto fear and greed index was in the “extreme fear” zone as its value dropped to 20.

BTC was down 5.64% in the last seven days, while ETH’s price slipped 5.22%.

Other top 10 crypto tokens showed mixed movement: Binance Coin (BNB) was up 0.70% to $271.84, Solana (SOL) was down 0.94% to $31.07, Cardano (ADA) was down 0.75% to $0.3927, Dogecoin (DOGE) was up 2.73% to $0.06065 and Ripple (XRP) was down 1.04% to $0.4875.

The top losers in the crypto market were Stellar (XLM), which was down 6.33% to $0.1157; ApeCoin (APE), which slipped 7.48% to $4.66; Hive (HIVE), which was down 8.93% to $0.5167 and Flux (FLUX), which dropped 6.46% to $0.723.

The top gainers included Hedera (HBAR), which was up 9.96% to $0.06374; Huobi Token (HT), which was up 27.14% to $6.51; TerraClassicUSD (USTC), which was up 17.64% to $0.0588 and Terra (LUNA), which was up 7.66% to $2.55.

Other major tokens were bearish, with Polygon (MATIC) down 1.72% to $0.7194 and Polkadot (DOT) down 0.04% to $6.19.

blockchain - crypto/rahul
Choong Deng Xiang/Unsplash

Leave a Reply

Your email address will not be published. Required fields are marked *