sundarganesh.base.eth
@sundarganeshwarp
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Here's today's crypto market update in three points:
Bitcoin and Ethereum Movements: Bitcoin has dipped to around $102K, signaling a market cool-off post-inauguration. Ethereum corrected to approximately $3.2K, aligning with a general market trend towards stability after recent volatility.
Altcoin Performance: Altcoins like $TRUMP and $MELANIA have plummeted over 40%, indicating a risk-off sentiment in the market. On the other hand, $RAY has seen a surge due to its highest buyback day ever, with 1.6M $RAY reclaimed.
Market Cap and Sentiment: The overall market capitalization has decreased to $3.69 trillion, a 5.50% drop, reflecting a cautious approach among investors. Bitcoin's dominance remains strong at 54.86%, suggesting a consolidation phase. Meanwhile, there's uncertainty in the market due to no direct mention of crypto in Trump's "America First" plan, potentially influencing investor confidence. 0 reply
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