Bitcoin Price Holds $86k Amid Market-wide Fear!

Story Highlights
- Fear & Greed Index slips to 34, cautioning traders about “Fear” in the market.
- Bitcoin price floats around $86,645, seeing a slight decline of 0.24%.
- CRO makes it to the top position with a 33.8% surge in 24 hours.
The cryptocurrency market experienced a slight pullback today, with the market capitalization decreasing by a negligible 0.18% to $2.84 trillion. Despite this dip, trading volume surged by 40.49% to $84.56 billion, indicating active trading activity. The Fear & Greed Index dropped to 34, reflecting cautious sentiment among traders.
Bitcoin Awaits Market Clarity?
The price of Bitcoin declined by 0.24% in the last 24 hours, currently hovering around $86,645. Trading volume for BTC saw a significant increase of 88.10% to $33.25 billion, suggesting heightened participation despite the price stagnation. With a market cap of $1.71 trillion, Bitcoin continues to maintain its dominance in the market.
Curious about Bitcoin’s future trajectory? Explore our Bitcoin Price Prediction 2025, 2026-2030.
Altcoins Give Mixed Signals?
Ethereum maintained its position with a slight price increase of 0.13%, trading at $2,049.27. Meanwhile, XRP experienced a 1.36% decrease to reach $2.42, and Solana saw a 0.87% gain, reaching a price of $139.67.
Interested in Ethereum’s upcoming trends? Check out our Ethereum Price Prediction 2025, 2026-2030.
Top Gainers & Losers:
Cronos emerged as the top gainer of the day, recording a 33.8% surge in 24 hours. Other notable gainers include BERA with a 14% price increase and IBERA with a 15.4% rise, indicating strong investor interest in these assets.
On the flip side, NTGL led the losers with a 19.7% drop in value. FARTCOIN and KAVA also experienced losses of 8% and 9.1%, respectively.
FAQs
Bitcoin is currently priced at $86,645, showing a slight decline in the past 24 hours.
Cronos led the market with a 33.8% surge in 24 hours, making it the top-performing asset.
The Fear & Greed Index currently stands at 34, indicating a “Fear” sentiment among investors.