- Despite Bitcoin’s dip, some altcoins like GAL and ULTIMA showed substantial gains today.
- XRP, DOGE, and SOL faced significant declines amidst broader market pessimism.
- Market sentiment remains greedy with Bitcoin dominance slightly up, contrasting with overall losses.
Bitcoin traded below $65,000 today, contributing to a broader decline in the cryptocurrency market. As highlighted by CryptoRank, a top analytic firm, major cryptocurrencies are trading in the red zone, with XRP, Dogecoin, and Solana experiencing notable drops. XRP fell by 6.99%, DOGE decreased by 3.64%, and SOL dipped by 2.15%.
Overall, the market capitalization stands at $2.48 trillion, marking a 0.89% decrease. Additionally, Bitcoin’s dominance increased to 51.53%, up by 0.31%. The Fear & Greed Index is at 61, indicating a market sentiment of greed.
In the realm of top gainers, several cryptocurrencies demonstrated remarkable growth. Galxe (GAL) surged by 57.5%, Ultima (ULTIMA) jumped by 46.4%, and Gods Unchained (GODS) rose by 34.6%. Stratis (STRAX) increased by 33.4%, and XEN Crypto (XEN) grew by 31.5%. These gains contrast sharply with the overall market trend.
The live price of XRP at press time is $0.581974, with a 24-hour trading volume of $3,817,724,561. XRP has dropped by 4.83% in the past 24 hours. Dogecoin’s live price is $0.122087, and its 24-hour trading volume is $720,724,912. Dogecoin is down by 1.63% over the same period.
Solana, trading at $159.76, has a 24-hour trading volume of $1,988,886,325 and has decreased by 0.66% in the last 24 hours.
Bitcoin Holders Drop Dramatically: Is This a Sign of Market Capitulation?Galxe is priced at $3.89, with a 24-hour trading volume of $61,826,136. In the last 24 hours, the token has surged by 48%. Ultima, priced at $5,779.80, has a 24-hour trading volume of $4,567,459 and is up by 30.34% on the last day.
Gods Unchained stands at $0.366595, with a trading volume of $36,451,888 and an increase of 20.67% in the last 24 hours.
Stratis [Old] is trading at $0.063412, with a 24-hour trading volume of $884,498, and has risen by 31.53% over the past day. XEN Crypto, with a live price of $1.19e-7, has a 24-hour trading volume of $1,785,541 and has increased by 17.64% in the last 24 hours.
