93 of the top 100 cryptocurrencies are negative. The crypto fear and greed index, on the other hand, has increased by 2 points since yesterday and still shows a state of extreme fear at 12.

Trying to protect the 30 thousand dollar band, Bitcoin (BTC) fell by 5% to $ 28,800. Bitcoin (BTC), which saw some recovery towards the closing, was seen to move in the narrow band of $ 29,000 - $ 29,300. While the outflows were higher in the altcoin market, the Bitcoin dominance rate moved towards the 45 percent level again today.

The altcoin market continues its bearish trend today after giving back its weekend gains yesterday.

While the effect of the decline was felt in the top 10 cryptocurrencies, Solana (SOL) regressed to the $48 band with a 24-hour depreciation approaching 10 percent and became the crypto currency that lost the most. Ethereum (ETH) slumped 5% below $2,000. The altcoin that lost the least value in the top 10 in the last 24 hours was BNB. BNB Coin was finding buyers at $322 after losing 2.5 percent of its value since yesterday.

Altcoins-10

A small number of altcoins managed to stay positive in the top 100 cryptocurrencies. Accordingly, 13th-ranked Tron (TRX) is currently changing hands at $0.08, with an increase of 5 percent. At 67th place, Stacks (STX) is at $0.57 with a slight increase of 1%. Fantom (FTM) fell 20 percent to $0.41, becoming the top losing altcoin in the last 24 hours. FTM failed to hold its gains despite rising as high as $0.52 yesterday. While Loopring (LRC), in 69th place, saw a decrease of 15 percent, Avalanche (AVAX), in 14th place, fell to the $ 27 band with a decrease of 13 percent today.