Market update
UTC: 09.29 | 19/05/25
UTC stands for universal time coordinated, the global standard for timekeeping. Pakistan is 5 hours ahead of UTC, so 09:29 UTC means it is 02:29PM in Pakistan.
The fear and greed index is at 74 but has dropped, which shows that while confidence remains, investors are becoming a bit more cautious. The index is based on market activity, volatility, volume, and search trends.
BTC dominance has increased to 63.98 percent, meaning that people are pulling out of altcoins and moving into bitcoin, which is often considered a safer option during uncertain times.
Today, the total and altcoin market caps have both dropped significantly. The entire market is in red, with altcoins being hit the hardest.
Looking at coin performance: all major assets — BTC, ETH, SOL, BNB, XRP, and DOGE — are down. SOL has seen the biggest drop, falling nearly 6 percent. ETH and XRP have also declined sharply. BTC has dropped the least, suggesting it is still seen as a more stable investment in this market dip.
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