๐ Crypto Market Update: Slightly Bearish as Altcoins Struggle ๐
The market is showing some bearish signs today, with the Fear & Greed Index dropping to 33 ๐จ, indicating growing uncertainty. Bitcoin dominance is at 61.70% ๐, slightly lower, suggesting BTCโs influence is weakening a bit. Despite this, the total market cap has risen to $2.82T (+0.94%) ๐, and the altcoin market cap is up to $1.08T (+1.16%), showing overall stabilityโbut altcoins are facing pressure.
๐ฅ Bitcoin Holds, While Altcoins Bleed ๐จ
๐ข Bitcoin $BTC $87,604.62 (+0.54%)
BTC is stable, and if it breaks $88,000, we could see a bullish run. ๐
๐ด Ethereum $ETH : $2,031.01 (-0.69%)
ETH is strugglingโif it falls below $2,000, expect more downside. โ ๏ธ
๐ด Solana (SOL): $139.56 (-1.48%)
#solana is weakening. Losing $140 could mean further drops. โ๏ธ
๐ด Binance Coin $BNB : $626.15 (-0.36%)
BNB is under pressure. If it canโt hold $630, more declines may follow. โฌ๏ธ
๐ด XRP: $2.38 (-2.34%)
#Xrp๐ฅ๐ฅ is dipping fast. If it breaks below $2.40, the bearish trend could accelerate. ๐
๐ Overall: BTC is holding strong, but altcoins are struggling. If altcoins continue to drop, we might see a stronger bearish trend ahead. Stay alert! โก