Crypto Market Under Pressure: Bitcoin Drops 3.14% at $2.22T Market Cap
Redakcja KryptoPuls ·
Bitcoin trades at $61,896 with a 24-hour decline of 3.14%, while Ethereum falls 3.76% to $1,730. Total crypto market capitalization stands at $2.22 trillion, and Bitcoin's cycle score signals optimism at 36.1/50 amid extreme fear.
Bitcoin reaches $61,896, marking a 3.14% drop over the past 24 hours, while total crypto market capitalization stands at 2220199689109 USD. Ethereum trades at $1,730.15 with a daily change of -3.76%. Data points to sustained selling pressure across major assets.
Top Gainers and Losers
| Crypto | Price | 24h | 7d | Market Cap |
|---|---|---|---|---|
| Bitcoin | $61896 | -3.14% | +3.00% | $1.24T |
| Ethereum | $1730 | -3.76% | +6.88% | $208.76B |
| BNB | $563.52 | -3.62% | +2.71% | $75.95B |
| XRP | $1.078 | -4.47% | +1.71% | $67.32B |
| Solana | $76.94 | -6.35% | +0.10% | $44.75B |
Market Cycle Analysis
Bitcoin remains in the optimism phase with a cycle score of 36.1/50. The Fear & Greed Index shows extreme fear at 20, creating a divergence from bullish medium-term signals such as the golden cross between MA50 and MA200.
Ethereum scores 28.9/50, placing it in the uncertainty phase. Its MVRV Z-Score of -0.37 indicates undervaluation relative to holders' average purchase price.
Solana records 34.2/50 in the optimism phase. Developer activity hits a peak of 171 commits while the price stands at $76.94.
🔑 Key Takeaways
- Bitcoin loses 3.14% in 24h on $29.56B volume
- Total market capitalization reaches $2.22 trillion
- TRON posts the best 7-day performance among top 10 (+3.74%)
Bitcoin's optimism phase amid extreme fear suggests a transitional moment where the market may exit the sentiment trough, provided it holds support at $60,000.
Frequently Asked Questions
What is Bitcoin's current price?
Bitcoin trades at $61,896 with a 24-hour decline of 3.14%.
What is the total crypto market capitalization?
Total market cap stands at 2220199689109 USD according to the latest data.
Which top-10 project performed best over 7 days?
Ethereum leads with +6.88% over seven days, the strongest gain among the top ten.
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⚠️ This article does not constitute investment advice. Always conduct your own research (DYOR).