The entire cryptocurrency market is showing signs of a downtrend, especially with some of the 10 cryptocurrencies trading in the red zone. According to CryptoRank, an analytical platform, Bitcoin is trading below $69,000, and coins such as SOL, DOGE, and BNB are experiencing negative growth. The total market capitalization of the crypto market stands at $2.41T, a decline of 0.18%, and BTC’s dominance over alternative coins is 56.24%. The Fear & Greed Index indicates a value of 70, which means the market is in Greed.
Top Cryptocurrencies Decline
Bitcoin is trading at $68,740 at the time of writing and has a 24-hour volume of $35.02B, an increase of 41.87%. The increase in volume indicates heightened trading activity, and the price has increased by 0.54% in 24 hours and 0.18% in seven days.
Ethereum dominance is at 12.29% and has declined by 2.07% in the last seven days. Solana has also declined by 2.13% in one day and 7.05% in seven days, followed by BNB, which has decreased by 0.98% in one day and 5.31% in seven days. Memecoins like DOGE had declined in value by 1.43%.
BTC Leads Market Gains While Altcoins Face Varied MovementsTop Gainers From Less Known Coins
KYVE Network ($KYVE) is trading at a price of $0.05027 at press time. The coin has increased 105% in the last 24 hours and has a total liquidity of $276.3K and a total volume of $650K. Furthermore, it has a market cap of $36.56M.
ai16z ($ai16z) has gained 56.6% in the last 24 hours and has a total liquidity of $374.9K. It has a volume of $1.32M and a market cap of $28.85M. Talent Protocol ($TALENT) price has increased by 46.8% and has a volume of $2.91M. The coin has a total liquidity of $1.16M and a market cap of $10.08M.
Fartcoin ($Fartcoin) has increased by 43.6% and has a market cap of $38.35M and a volume of $17.88M. It has a fully diluted value of $38.94M. Act I: The AI Prophecy ($ACT) has gained 41.5% in the last 24 hours and has a market cap of $20.5M. It has a total liquidity of $1.54M and a volume of $6.26M.
