- Despite Bitcoin’s decline, certain altcoins like Aavegotchi and Bullieverse have surged, offering opportunities for investors.
- The Fear & Greed Index at 79 suggests extreme greed among investors, potentially driving speculative behavior in the market.
- Dogecoin, Solana, and Cardano are among the top losers, highlighting the volatility and unpredictability of cryptocurrency trading.
Amidst a tumultuous day in the cryptocurrency market, Bitcoin continues its downward trend, trading below $67,000. As highlighted by CryptoRank, an analytic platform, the top 10 cryptocurrencies are painted in shades of red, reflecting a bearish sentiment across the board. Despite the overall market downturn, certain altcoins have managed to defy the trend, experiencing significant gains.
At present, the market capitalization stands at $2.63 trillion, marking a 4.39% decrease. Bitcoin dominance remains relatively stable at 49.90%, edging up by 0.19%. The Fear & Greed Index indicates extreme greed with a score of 79, suggesting heightened investor sentiment despite the prevailing market conditions.
Among the notable losers, Dogecoin (DOGE) leads the pack with a decline of 9.83%, followed by Solana (SOL) down by 7.73%, and Cardano (ADA) slipping by 5.39%. However, amidst the sea of red, several altcoins have managed to surge, presenting lucrative opportunities for investors.
Aavegotchi (GHST) emerges as the top gainer, skyrocketing by 52.6%, followed by r/FortNiteBR Bricks (BRICK) with an impressive 44.6% increase. Verge (XVG) follows suit, surging by 38.1%, while Bullieverse (BULL) and Credefi (CREDI) exhibit notable gains of 58.5% and 30.1% respectively.
In the past 24 hours, according to CoinMarketCap, the live price of Dogecoin stands at $0.183795, experiencing a trading volume of $3,664,227,430. Solana is currently priced at $181.32, with a trading volume of $3,980,762,481. Cardano is trading at $0.584646, with a trading volume of $651,126,904.
Aavegotchi is priced at $2.98, witnessing a trading volume of $280,172,718. r/FortNiteBR Bricks stands at $0.194774, with a trading volume of $1,289,501. Verge’s live price is $0.009114, with a trading volume of $217,572,175. Bullieverse is currently priced at $0.015616, with a trading volume of $1,204,589. Credefi stands at $0.049266, with a trading volume of $5,919,414.
