The changes in the global crypto market for the last 24 hours show positive signs. There has been a slight improvement in the performance of various coins. The performance of Bitcoin, Ethereum, etc. still shows a continuation of the negative trend. The recent bearish wave has affected the market badly, bringing the overall market to lows. As these changes continue, investors have become cautious of their investments. In the majority of cases, sell-offs have remained a useful tool to avoid losses.
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Here is a brief overview of the current market situation analyzing the performance of Bitcoin, Ethereum, and others.
BTC continues to lose
Fed announcement has proven a freaky day for Bitcoin as it couldn’t resume gains. The investors were waiting for the improvement in the market but there has been little change. The ongoing situation tells that it might hit further difficult landmarks.
The recent changes for Bitcoin show that it wasn’t able to turn bullish. The latest data shows that it has shed 0.92% over the last 24 hours. The weekly data shows that it has regressed by 5.51%.
The changes in the market suggest the Bitcoin price is lowering as it is currently in about $20,087.96 range. The market cap value for Bitcoin is estimated to be $384,703,794,761. The 24-hour trading volume of this coin is about $28,943,777,692.
ETH in a bearish mood
Ethereum is facing a continuation of sell-offs as its price has decreased considerably. The recent data shows that it has shown no halt in decline. The last day saw a decline of 7% while it might increase further. Analysts have begun to question how long will price correction continue.
The value of Ethereum is also on the decline due to dominant bearishness. The latest data shows that it has regressed 0.23% in a day. The weekly data shows a loss of 5.27%.
The increasing losses have brought ETH price value to the $1,501.14 range. The market cap value for this coin is estimated to be $183,513,530,012. The 24-hour trading volume of this coin is about $17,366,638,555.
GNO facing decline
Gnosis has also been facing losses due to a declining influx of capital. The latest data shows that it has faced a loss of 0.33% over the last 24 hours. The weekly data shows a loss of 7.28%. The price value for GNO is currently in the $152.37 range.
The market cap value for Gnosis is estimated to be $393,254,947. The 24-hour trading volume of this coin is about $4,898,195. The same amount in its native currency is about 32,120 GNO.
CELO shows positive signs
Celo has added a little amount amid the stark bearishness. The latest data shows that it has added 0.52% over the last 24 hours. The weekly data shows that the losses amount to 9.77%. The price value for CELO is currently in the $0.8197 range.
The market cap value for Celo is estimated to be $374,179,902. The 24-hour trading volume of this coin is about $9,105,473. The circulating supply of this token is about 456,611,349 CELO.
The global crypto market has seen a little change in value amid bearishness. The recent hours brought gains for some coins. But the overall performance shows that the losses for Bitcoin, Ethereum, etc. continue. The global market cap value has continued to lower. The latest data shows that it is currently estimated to be $972.46 billion.