The crypto market cooled off slightly today, with global capitalization dipping to $2.93 trillion, a 1.58% decline in the last 24 hours. The pullback hasn’t shaken sentiment much — the Crypto Fear & Greed Index sits squarely at 49, signaling a neutral mood among investors.
Bitcoin (BTC), the market leader, edged down by 1.72% and is now trading at $94,137.93. Its performance mirrors a broader softening across major digital assets.
Ethereum (ETH) followed with a 1.97% slide, slipping to $1,796.30, while Tether (USDT) maintained its usual peg near the $1.00 mark, remaining largely stable.
In the altcoin space, BNB recorded a 1.92% drop to $588.46, but XRP broke away from the trend, rising 2.26% to trade at $2.15, becoming one of the day’s few bright spots.
Turbo (TURBO), a meme coin favorite, stole the spotlight with a 12.24% surge. Now priced at $0.0053, it is leading the gainers board.
Over in the DEX space, GORK/SOL saw massive traction, jumping more than 50% to $0.06117, making it the top trending trading pair of the day.
Meanwhile, trading activity remains solid. Bitcoin’s 24-hour volume topped $20.5 billion, and Ethereum came in at $9.3 billion, showing continued interest despite the market’s slight downtrend.
Analysts remain cautiously optimistic, eyeing a possible bullish crossover in Bitcoin’s technicals. If confirmed, it could push BTC toward the $120,000 range shortly.
Disclaimer: This content is for informational purposes only and does not constitute financial advice. Always conduct your research before making investment decisions. Cryptocurrency markets are volatile and involve significant risk.
