The global cryptocurrency market cap currently stands at $3.40 trillion, reflecting a 6.64% decrease over the past 24 hours. Major cryptocurrencies have experienced significant losses during this period:
👉Bitcoin (BTC): The price has fallen to approximately $96,000, marking a notable decline after reaching highs earlier in the week.
👉Ethereum (ETH): Down by 7.58%, Ethereum is trading around $3,640.72.
👉Dogecoin (DOGE): This popular meme coin has dropped by 14%, now priced at about $0.3907.
👉Solana (SOL) and other altcoins have also seen substantial declines, contributing to the overall market downturn.
The market sentiment is currently characterized by fear, as indicated by the Fear & Greed Index, which stands at 76 (Greed). This reflects a cautious outlook among investors following the recent volatility in cryptocurrency prices 👀🤷
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