The cryptocurrency market experienced a slight setback today, with the overall industry market cap dropping by 0.95% to $3.32 trillion. Trading volume also saw a modest decline of 2.05% to $152.63 billion. The Fear & Greed Index reflected the bearish sentiment, showing a "Neutral" score of 54.
Bitcoin Sees ETF Inflows Despite Price Plunge?
The price of Bitcoin dipped by 1.08% to $96,041.73, but it still maintains a dominant market cap of $1.9 trillion. Despite the market turbulence, institutional investors remained optimistic, as evidenced by Bitcoin ETFs receiving an inflow of $449 million last week. BlackRock’s IBIT ETF led the way with an impressive $1.45 billion under its management.
For more insights on the future of Bitcoin, you can explore our Bitcoin Price Prediction.
Altcoin Watch: ETH, SOL, XRP Prices Stumble
Ethereum’s price fell by 0.91% in the past 24 hours to $3,344.95, following Bitcoin’s downward trend. However, Ethereum ETFs saw $62.73 million in inflows over the past week, continuing a 4-week streak. Solana and XRP also experienced price declines, with SOL down by 1.09% at $184.21 and XRP slipping 2% to $2.21.
For a detailed analysis of Ethereum, you can check out our Ethereum Price Prediction.
Top Gainers:
- Curve DAO: $0.8835 (+10.71%)
- Aave: $339.24 (+10.02%)
- FTX Token: $3.22 (+8.67%)
Top Losers:
- HYPE: $27.59 (-17.37%)
- MOVE: $0.8182 (-7.39%)
- WIF: $1.90 (-5.30%)
FAQs
- What is the Fear & Greed Index today?
The Fear & Greed Index is currently at 54, indicating a neutral sentiment in the crypto market. - Which tokens are today’s top gainers?
Curve DAO, Aave, and FTX are leading the gainers, with respective gains of +10.71%, +10.02%, and +8.67%. - How has Bitcoin performed in the past 24 hours?
Bitcoin’s price dropped by 1.08% to $96,041.73, but ETF inflows surged, indicating strong institutional demand.Share this crypto insight with your network!