Crypto Market Sees Short-Term Sideways Movements Amid Growing Volatility
The crypto landscape has seen a provisional downturn over the past 24 hours amid the rising volatility concerns. As per the new market data, the cumulative crypto market capitalization has reached $3.79T after a 3.25% drop.
However, the 24-hour crypto volume has jumped by 12.01%, reaching the $233.55B mark. At the same time, the Crypto Fear & Greed Index maintains a neutral position while accounting for 43 points.
Bitcoin Drops by 2.05% and Ethereum Witnesses 5.53% Decrease
Particularly, Bitcoin ($BTC) has gone through a 2.05% dip, touching the $110,237.91 mark. In addition to this, the flagship crypto asset’s market dominance has also dropped to 57.8%. Similarly, Ethereum ($ETH) has plunged by 5.53%, claiming…