
The crypto market is currently following a slightly bullish trend. Bitcoin (BTC) is still trading below the $30,000 threshold at $26,002.43, with only a 0.50% increase in the last day.
Other altcoins experienced gains, such as Cardano (ADA) and Polkadot (DOT). However, the Fear and Greed Index currently stands at 35/100, indicating an overall sentiment of fear. Ethereum (ETH) is trading at $1,638.99, with a 0.19% increase in the last 24 hours. Similarly, XRP saw a 2.13% gain and Solana had a 1.45% gain. Polygon (MATIC) is also up by 0.71%, while the Polkadot coin is up by 0.23%.
The meme cryptocurrencies had a different story. Dogecoin’s price decreased by 0.17%, while Shiba Inu’s token price is down by 0.87%. The global crypto market cap has decreased since yesterday, and is now at $1.05 trillion. The 24-hour crypto market volume is $20.95 billion, with a 2.12% increase.
The top 4 cryptos for today are: Pepe coin is facing the bulls at the moment after a few days of losses. It is trading at $0.0000008148, with a global market cap of $319.24 million. Synthetix’s SNX coin is also facing the bulls, with its price up by 7.61%. It is trading at $2.11 and holds a global market cap of $569,748,531. Stellar’s XLM coin is up by 7.91%, with its price trading at $0.1226 and a market cap of $3,367,759,147. Lastly, GALA token is down by 9.12%, trading at $0.01672 and holding a global market cap of $391,352,532.
Overall, the crypto market is primarily bullish, with only a few exceptions. The cause of the price increases of the various coins is still unknown, although the developers of XLM have teased upcoming news that may affect its value. Finally, 8,645,014,077 GALA tokens have been allegedly stolen from the company, according to documents filed with the United States District Court for the District of Utah.