Is Crypto Bull Run Over?
The cryptocurrency market has dropped significantly today, with the company’s market cap reaching 8.46% to $2.86 trillion in the past 24 hours. Meanwhile, trade volumes fell 115.29% to $186.48 billion, indicating the growth in activity as investors react to the downturn. When it comes to emotions, the fear and greed index is 29.
Bitcoin price is below $83K in market selloff
Bitcoin has been working hard to maintain the ground, down 3.19% over the past 24 hours, trading at $85,737.78. BTC is currently changing hands at $85,737.78 after witnessing a low of $82,131.90. Despite the decline, BTC’s dominance remains at 61%, strengthening its stronghold in the market.
Interested in learning about BTC’s next price action? Read ours Bitcoin (BTC) Price Forecast 2025, 2026-2030Woolen cloth
With altcoins taking a hit, Ethereum among the biggest losers?
Ethereum expanded its downtrend, down 5.50% to $2,340.91, making it one of the biggest losers of the day. XRP and Solana also suffered losses, sliding 2.96% and 1.44% respectively. As investor sentiment shifts, major Altcoins are working to regain the ground.
Passionate about stacking some ETH before preseason? Check out our Ethereum (ETH) Price Forecast 2025, 2026-2030 For potential targets!
The highest profiter:
Despite the wider market recession, some tokens violate odds:
- IP soared 12.61% to $6.54, leading the top profiters.
- OP climbed 9.72% to $1.18.
- APT rose 8.82% to $6.12, maintaining upward momentum.
Top losers:
Although ETH is one of the worst performers, other tokens have also seen a big drop:
- BGB fell 7.07% to $4.04.
- KAS fell 5.68% to $0.0869.
As the market enters a stage of volatility, investors are curious about questions such as “when will it recover?” And “Crypto Bulls Run Over?” analysts believe this is a correction phase that will further cause the playoffs before the market resumes bullish moves.
Subscribe to us for all the latest encryption news, encryption prices and encryption predictions.
FAQ
Bitcoin is currently trading at $85,737.78 with a low of $82,131.90.
IP, OP and APT are the biggest profiters, with posting growth rates of 12.61%, 9.72%, and 8.82%, respectively.
Ethereum is facing strong sales pressure, down 5.50% due to weak markets and increased liquidation.
