- Bitcoin remains below $59K, showing a pause in its rally as altcoins like TON and XRP see mixed gains.
- Toncoin leads with a 5.02% rise, while Dogecoin drops 1.95% and XRP shows modest gains at 2.33%.
- YAWN and Mines of Dalarna surged significantly, with YAWN up 116% and DAR 73.4%, reflecting notable altcoin volatility.
Bitcoin remains below the $59,000 mark, reflecting a slight pause in its recent rally, as highlighted by CryptoRank, an analytic firm. This comes as various cryptocurrencies experience mixed trading patterns. Among the top ten cryptocurrencies, Toncoin (TON) leads the gainers with a notable increase of 5.02%. XRP follows, rising by 2.33%. In contrast, Dogecoin (DOGE) has declined by 1.95%.
The overall market capitalization stands at $2.18 trillion, showing a modest decrease of 0.65%. Bitcoin dominance in the market is slightly reduced to 53.06%, down by 0.91%. The Fear & Greed Index indicates a sentiment of fear, with a current reading of 28.
As of press time, Toncoin (TON) has reached a price of $6.80, marking a 3.16% rise over the past 24 hours. The trading volume for Toncoin is $468,363,589. Meanwhile, XRP is trading at $0.5852, with a 24-hour trading volume of $1,063,394,173. XRP has seen a 2.86% increase in the same period. Conversely, Dogecoin is priced at $0.0996, reflecting a decline of 3.44% with a trading volume of $444,326,805.
Market Sentiment Drops to Extreme Fear as Bitcoin Dominance IncreasesSeveral altcoins have made significant moves recently. YAWN has surged by 116%, trading at $0.0033 at press time, with a volume of $2,820,294. Mines of Dalarnia (DAR) has seen a substantial increase of 73.4%, priced at $0.1968, with a trading volume of $1,655,116,397. As per the analysis, SUNDOG (SUNDOG) is up by 58.8%, trading at $0.0770 with a volume of $39,935,889.
Additionally, Matr1x Fire (FIRE) has risen by 30.4%, priced at $0.7023, with a trading volume of $6,253,277. Per CryptoRank, BurgerCities (BURGER) has also experienced growth of 30%, trading at $0.3529, with a trading volume of $37,105,670.
