XRP Under $3, BTC, SOL, ETH and DOGE See Major Losses
The cryptocurrency market is currently in trouble, and most of the top ten cottage coins have seen the main decline. Although Bitcoin (BTC) shows some toughness, many cottage coins are in a red state, which has caused investors to generally feel uncertainty.
The price of market leaders Bitcoin was $ 99,780. It has shown a growth rate of 2.59 % in the past 24 hours, but it has not encountered the expected increase of surge. The price of Ethereum (ETH) was $ 3,104, which has decreased by 5.93 % in the past 24 hours, marking that the weaknesses of the entire cottage market are even greater.
XRP ($ 2.85) also faced a decline. Although the initial rally declined, it has decreased by 6.47 % in the past 24 hours. Similarly, the plaques of Solana (SOL) are also very rough. It has dropped by 9.57 % in the past 24 hours and 18.75 % in the past week. Binance Coin (BNB) followed the downward trend and decreased by 3.45 %.
The main stablecoin (USDC) Tether (USDT) and USD Coin (USDC) have maintained a stable $ 1.00, but they did not benefit from market fluctuations. Other cottage coins (such as Dogecoin (Doge), Cardano (ADA) and TRON (TRX) have also struggled, showing the minimum to moderate decline in the past 24 hours.
The total market value of cryptocurrencies is currently US $ 338 trillion, but the wider market sentiment is still weak. Because Bitcoin’s advantage is 58.55 %, many people are waiting for the market to find directions, because investors are cautious when facing the ongoing downturn. The fear and greed index are located at the age of 54, implying the neutral position of uncertainty.
