- Bitcoin’s dominance rises to 52.03%, showing strong investor confidence despite a market-wide downturn.
- GameStop and Farcana lead the top gainers, with impressive 24-hour price increases of 63.55% and 32.55%, respectively.
- Overall market sentiment leans towards greed, with a Fear & Greed Index of 70, despite declines in major cryptocurrencies.
Bitcoin continues its impressive performance, trading above $67,000. Despite this, the top-10 cryptocurrencies are experiencing a downturn. Dogecoin ($DOGE) dropped by 2.57%, Toncoin ($TON) by 2.29%, and XRP ($XRP) by 1.89%, according to CryptoRank, a leading analytics firm.
The overall market capitalization has slightly dropped to $2.54 trillion, reflecting a 0.21% decrease. However, Bitcoin’s market dominance has increased to 52.03%, marking a 0.21% rise. The current market sentiment is characterized by greed, as indicated by a Fear & Greed Index score of 70.
Dogecoin is currently priced at $0.151745, with a 24-hour trading volume of $850,159,309. The cryptocurrency has seen a minor decline of 0.40% in the past day. Similarly, Toncoin is priced at $6.35, with a trading volume of $187,603,704, experiencing a 2.25% drop over the last 24 hours. XRP is trading at $0.512560, with a 24-hour volume of $780,798,238, and has decreased by 1.31%.
Despite the broader market’s downturn, several assets have posted significant gains. GameStop’s price surged to $0.007630, driven by a trading volume of $83,220,059, marking a substantial increase of 63.55% within 24 hours. Farcana also saw impressive growth, with its price climbing to $0.076441 and a 24-hour volume of $6,840,039, reflecting a 32.55% rise. Cream Finance is up by 34.57%, now trading at $75.86 with a 24-hour volume of $101,855,919.
Ponke has also shown a remarkable increase, with its price reaching $0.435921 and a trading volume of $61,375,107, up 31.05% in the last 24 hours. Niza Global has experienced an 11.81% rise, trading at $0.003580, supported by a trading volume of $149,578.