Top Cryptocurrencies

Top crypto 

The current crypto market is experiencing a downturn, with Bitcoin slipping to a six-month low below $100,000. This decline is attributed to fading bets on a US Federal Reserve rate cut in December and easing institutional flows. Other cryptocurrencies, such as Ethereum, Solana, and Dogecoin, are also seeing significant drops, with Ethereum prices down over 9% and Solana prices plunging over 8% ¹.

*Market Overview*

- Global cryptocurrency market cap: $3.57 Trillion, a 2.1% change in the last 24 hours

- Total cryptocurrency trading volume: $186 Billion

- Bitcoin dominance: 57.6%

- Ethereum dominance: 11.7%

*Top Cryptocurrencies

*

- *Bitcoin (BTC)*: $101,584, 1.4% change in 24 hours

- *Ethereum (ETH)*: $3,475.04, 2% change in 24 hours

- *Tether (USDT)*: $0.9999, 0% change in 24 hours

- *XRP (XRP)*: $2.43, 4.3% change in 24 hours

- *BNB (BNB)*: $966.89, 1.9% change in 24 hours

*Market Sentiment*

Analysts believe the sentiment may improve in the coming weeks as markets look ahead to the Federal Reserve's expected Quantitative Easing in December, which could restore liquidity and revive risk appetite. However, traders are reassessing whether the Federal Reserve can justify rate cuts in the near term, adding fresh pressure to growth assets like crypto and technology stocks ¹.

Keep in mind that the crypto market is highly volatile, and prices can fluctuate rapidly. It's essential to stay informed and do your own research before making any investment decisions.