Bitcoin

Analytical platform CryptoRank reported that Bitcoin is currently trading below $61,000. This comes as the larger market for digital assets also appears shaky, with the top ten coins all down today. From these, Binance Coin (BNB) is down by 2.65%, <a href="https://cryptotale.org/analyst-predicts-solana-outperforming-ethereum-soon/" rel="noopener noreferrer nofollow">Solana</a> (SOL) is down by 2.37%, and Bitcoin (BTC) is down by 2%.Crypto Market SentimentAccording to platform findings, the total market capitalization of cryptocurrencies has also dropped, falling by 1.94% to $2.24 trillion. The market was somewhat slightly different, with Bitcoin’s share reducing slightly to 53.74% from the previous 53.10%. Similarly, other tools such as the <a href="https://alternative.me/crypto/fear-and-greed-index/" rel="noopener noreferrer nofollow">Fear &amp; Greed Index</a>, which is used to measure market sentiment, presently stand at 39, which shows that investors are filled with fear.Short-Term Gainers in AltcoinsEven though the top cryptos are down, there are a few altcoins doing much better than the others. The highest gainers for the week were Prosper (PROS), which appreciated by 61.9%, Silly Dragon (SILLY), which gained 53.7%, and Dora Factory (DORA), which rose by 46.1%.Other day gainers include ParallelAI (PAI), which appreciated by 37.1%, and Wrapped Dog (wDOG), which rose by 29.5%. Altcoins remain generally in the red zone, but some of them at least provide short-term gains for those who are less patient.<a href="https://cryptotale.org/bitcoin-slips-under-61k-amid-rising-market-fear-report/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Bitcoin Slips Under $61K Amid Rising Market Fear: Report

CryptoTale

Other articles published on Oct 10, 2024

MoonBag Launch Countdown: $MBAG Set to Ignite the Crypto Market on October 11th, 2024

Neiro bucks bearish market trend, surges 100% in five-day rally

FED Official Bostic Makes Interesting Statement About November Interest Rate Decision After Infla...

Floki's Valhalla Partners with Esports Giant Alliance

'Cardano Isn't Dying, It's Thriving and Growing': Charles Hoskinson

Top 5 Altcoins Set for Explosive Growth in November

Join our free newsletter for daily crypto updates!