The cryptocurrency market has seen a slight pullback in the past 24 hours, with the global market cap dropping by 1.05% to $3.27 trillion. Trading volumes have also decreased by 8.61% to $151.27 billion as investors keep an eye on the upcoming U.S. jobs data. The Fear & Greed Index remains in “Neutral” territory at 43, indicating a cautious sentiment among market participants.
Bitcoin, the leading cryptocurrency, has shown resilience despite the market dip, with a minor decrease of 0.31% in price, trading at $94,106.34. Its market cap has also slightly decreased by 0.40% to $1.86 trillion. Despite a drop in trading volume by 4.70%, Bitcoin continues to be a safe haven for investors during uncertain market conditions.
Altcoins have not fared as well, with Ethereum dropping by 1.70% to $3,271.19, Solana falling by 2.13% to $190.74, and XRP declining by 2.07% to $2.30. This downward trend underscores a period of consolidation as traders navigate through mixed market signals.
In terms of top performers, AI16Z has surged by 6.03% to $1.57, KAIA has climbed by 4.49% to $0.2129, and MOVE has gained 3.26%, trading at $0.8929. On the flip side, top losers include RUNE, which experienced a sharp decline of 16.74% to $3.25, SPX6900 falling by 10.71% to $1.18, and Raydium (RAY) declining by 5.19% to $4.98.
To stay updated with daily market insights, be sure to subscribe to receive the latest updates. Additionally, for those curious about the current value of 1 BTC, it is currently priced at $94,106.34. The cryptocurrencies that have gained the most today are AI16Z (+6.03%), KAIA (+4.49%), and MOVE (+3.26%). Ethereum (ETH) has seen a decline of 1.70%, trading at $3,271.19.
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