Crypto Sector Sees Short-Term Dip In Market Cap As Sentiment Wanes
The cryptocurrency market is witnessing a considerable downtrend, as the 24-hour data suggests. In this respect, the total crypto market capitalization has reached $3.89T after a 1.63% dip. However, the 24-hour crypto volume has surged by 59.58% to reach the $218.55B mark. Concurrently, the Crypto Fear & Greed Index has further dropped to 40 points within the “Neutral” zone.
Bitcoin Drops by 1.31% and Ethereum Witnesses 2.10% Decrease
Particularly, Bitcoin ($BTC) is changing hands at $112,902.78. This price level indicates a 1.31% decrease while the top crypto asset’s dominance sits at 57.8%. In addition to this, the leading altcoin, Ethereum ($ETH), is now trading at $4,193.06. This presents a 2.10% drop in the…
