The crypto market today has seen a notable decline, with the business’s market cap taking a hit of 8.46% to $2.86 trillion in the past 24 hours. Meanwhile, trading volume whooshed a jaw-dropping 115.29% to $186.48 billion, indicating growing activity as investors react to the downturn. Talking about the sentiments, the Fear & Greed Index stands at 29.
Bitcoin has struggled to maintain ground, dropping 3.19% in the last 24 hours to trade at $85,737.78. After witnessing a 24-hour low of $82,131.90, BTC is currently changing hands at $85,737.78. Despite the decline, BTC’s dominance remains high at 61%, reinforcing its stronghold on the market.
Interested in learning about BTC’s next price move? Read our Bitcoin (BTC) Price Prediction 2025, 2026-2030!
Ethereum extended its downward trend, falling 5.50% to $2,340.91, making it one of the top losers of the day. XRP and Solana also suffered losses, sliding 2.96% and 1.44%, respectively. With investor sentiment shifting, major altcoins are struggling to regain ground.
Keen on stacking some ETH before the altseason? Check out our Ethereum (ETH) Price Prediction 2025, 2026-2030 for potential targets!
Despite the broader market downturn, some tokens defied the odds:
While ETH was among the worst performers, other tokens also saw significant declines:
With the market entering a phase of heightened volatility, investors remain curious with questions like “When will crypto go back up?” and “Is crypto bull run over?” Analysts believe this to be a correction phase, before the market resumes a bullish move that would further give rise to an altseason.
Subscribe to us, for all the latest crypto news, crypto prices, and crypto predictions.
Bitcoin is currently trading at $85,737.78, with a 24-hour low of $82,131.90.
IP, OP, and APT are the biggest gainers, posting gains of 12.61%, 9.72%, and 8.82%, respectively.
Ethereum faced strong selling pressure, dropping 5.50% due to broader market weakness and increased liquidation.
As lawmakers return to Capitol Hill after a two-week recess, crypto legislation is at the…
Coinbase is requesting the SEC to remove the ban on staff buying, selling, or using…
Official Melania Meme token (MELANIA) has been making waves lately as its team quietly cashes…
As crypto prices soar in 2025, many investors are eager to cash out without handing…
As of April 27, 2025, Strategy has acquired 15,355 BTC for approximately $1.42 billion, at…
Coinbase Asset Management is set to launch the Coinbase Bitcoin Yield Fund on May 1.…