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Cryptocurrency News Articles
Bitcoin Drops to $102k, Faces Selling Pressure? Qtum Leads the Market
Feb 01, 2025 at 03:15 pm
The crypto market today underwent a minor turn to the south, with the market cap slipping by 0.71% to $3.52 trillion. Despite the dip, trading volume surged 22.11%, reaching $123.35 billion, indicating maintained investor activity. The Fear & Greed Index has cooled to 54, shifting to a Neutral stance from yesterday's Greed sentiment, suggesting a more cautious market approach.
The crypto market slipped 0.71% to $3.52 trillion, with total trading volume surging 22.11% to $123.35 billion. Bitcoin’s market dominance now stands at 57.6%.
The Fear & Greed Index has cooled to 54, shifting to a Neutral stance from yesterday’s Greed sentiment, suggesting a more cautious market approach.
Bitcoin Drops to $102k, Faces Selling Pressure?
Bitcoin has witnessed a 1.73% price decline over the last 24 hours, currently changing hands at $102,483.63. Its market cap has slipped 1.78% to $2.03 trillion. BTC’s dominance remains strong at 57.6%.
In terms of volume, the 24-hour trading volume for Bitcoin jumped 17.58% to $44.32 billion, indicating active buying and selling despite the downturn.
Bitcoin’s Fear and Greed Index today slipped to 54, indicating a shift from yesterday’s Greed sentiment. The index now suggests a more cautious market approach.
As for the highs and lows, Bitcoin’s highest and lowest prices over the past 24 hours were $104,683.08 and $101,706.86, respectively.
After kicking off the year below $30,000, BTC has enjoyed a stellar 2023. According to our Bitcoin price prediction, the coin could hit $250,000 by 2025.
Altcoins Today: ETH Spikes, While SOL & XRP Slip
Ethereum posted a 1.77% gain, climbing to $3,298.15, while Solana and XRP declined by 1.81% and 1.06%, respectively.
The altcoin market remained in flux, with some assets posting gains while others struggled amid Bitcoin’s correction.
Top Gainers: Qtum Leads the Market
Top Losers: Fartcoin Leads the Declines
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FAQs
Bitcoin is currently priced at $102,483.63, reflecting a 1.73% decline in 24 hours.
Qtum, Penguin, and LDO have recorded the highest gains, with Qtum leading at +40%.
Ethereum has gained 1.77% in the past 24 hours, reaching $3,298.15.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Will Solana (SOL) Price Rise to $200? Here's What the Market Data Says
- Apr 04, 2025 at 06:55 am
- Solana's price action is dividing opinion on the internet as investors and analysts alike have opposite views on this token. Some call for $200 while others feel it's time to break the $100 barrier and reach $80.
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