While the crypto money markets saw exits on the last day of the week, the market value, which fell below $ 1.7 trillion, reached $ 1.72 trillion with some recovery today. The 24-hour trading volume is at the level of 87 billion dollars.
Bitcoin (BTC) price dropped as low as $37,000 yesterday after encountering resistance at the $39,000 band over the weekend. Today, partial recovery has also returned to the $38,000 band. In the last 24 hours of price action, BTC/USD has lost 3.5 percent of its value, while it is advancing with a 2.4 percent gain on a weekly basis.
Bitcoin dominates about 42.7 percent of the total market, with a market cap of $728 billion today. While the uneasiness in the market increased with the events that developed over the weekend, the Bitcoin Fear and Greed Index decreased to the level of 20, reflecting the latest situation. The index, which was at the level of 26 yesterday, returned to the area of extreme fear with the increase of today's uneasiness.
Ethereum (ETH) has remained stable at this price level in low-volume transactions today, after falling to the $2,600 band with close to 6% depreciation yesterday. The weekly performance of ETH/USD, on the other hand, continues to remain up by 1.78%. Over the past week, the average $2,570 level has remained a support price for ETH/USD.
Avalanche (AVAX), which is ranked 10th in the list ranked by market value, is the most losing crypto asset by trading in the $ 77 band with a daily depreciation of 8.5 percent. After AVAX, Ethereum has the most losses, while other altcoins in the top 10 have limited losses of less than 3 percent towards the evening hours.
According to the last 24-hour performance of the top 100 cryptocurrencies, it is seen that only 4 cryptocurrencies on the list have increased their value since yesterday. Among them, Waves, which ranked 65th, rose 6 percent to $ 12.84 and ranks first. Uniswap (UNI) is the second largest altcoin, with a 1.3 percent increase in value, while Filecoin (FIL) and Huobi Token are the other positive altcoins. Among the top 100 depreciating altcoins are Convex Finance (CVX) and THORChain (RUNE), which have lost over 10%.