While its the weekly opening ahead, Bitcoin price has been fluctuating too harshly while nearing to lose $80k in a continued downtrend. The lack of any bullish news and anticipated volatility of weekly opening in US trading hours has increased selling pressure in BTC with it dipping as low as $81,384 today.
Following Bitcoin, major altcoins have also fumbled amid increased market volatility with ETH and SOL keeps losing while the most bullish alt, XRP, has dropped 5% in the past 24 hours.
At the time of writing, Bitcoin is trading near $82,100 with a 24 hour trading volume of 20.51 billion. Its price has decreased over 1.3% in the past 24 hours while overall down 6.24% in the past 7 days.
Bitcoin (BTC) Price – Source: Coinmarketcap
While continuing the downtrend, ETH has dipped 3% to the daily low of $1,775 from the daily high of $1,835 today. After losing key support at $2,000, ETH has been caught in a bearish turmoil in the past week. SOL is also following a similar pattern with it now trading near $123 – down 13% in the past 7 days.
Other major altcoin price actions include SAFE’s 8% increase while EOS and ZEC surging nearly 6% in the past 24 hours. None of the other altcoins have shown any remarkable hikes today. On the losing side, NEO has dropped most with losing 23% while DEEP, MOVE, BERA and CELO fell more than 10% today.
Trending Crypto Today
Today’s Top Gainers
- SAFE (Safe): +8%
- EOS (EOS): +7%
- ZEC (Zcash): +6%
- FORM (Four): +4%
- CORE (Core): +3%
Today’s Top Losers
- NEO (Neo): -23%
- DEEP (DeepBook Protocol): -13%
- MOVE (Movement): -11%
- BERA (Berachain): -11%
- CELO (Celo): -10%
As per Coinmarketcap data, the global crypto market cap today sits at $2.65 trillion with a 24 hour trading volume of $64.24 billion.
