KEY POINTS

  • The Fear and Greed Index reads 23, market in "Extreme Fear"
  • The biggest gainers are TRX, COSMOS, LIDO, and NEAR
  • The worst performers are XEC, SNX, DASH, and HNT

The crypto market on Wednesday remained red for Bitcoin (BTC), the world's biggest cryptocurrency, while Ether (ETH) was green as the tentative date for The Merge approaches.

Bitcoin dropped 0.29% in the last 24 hours, while Ether jumped by 2.15% and the prices of these tokens as of 12:32 am ET are $22,380 and $1,606 respectively, as per the data from CoinMarketCap.

According to the data from Alternative.me, the market is once again in "Extreme Fear" as the value of the Fear and Greed Index is 23. In the last seven days, Bitcoin (BTC) has dropped by 4.13%, while Ether has dropped by 0.4%.

The maximum price of 1 BTC is predicted to be $30,576.72 by the end of the year, as per the chart shared by BitcoinWisdom, while the maximum price of 1 ETH is expected to be $2,418.85.

The other cryptocurrencies in the top 10 were mostly red as of 12:34 am ET with Dogecoin (DOGE) down by 1.88% to $0.06311; Ripple (XRP) down by 0.13% to $0.3325; Solana (SOL) up by 1.35% to $32.37 and Binance Coin (BNB) up by 0.18% to $288.94. On the other hand, Cardano (ADA) was up by 1.26% to $0.46.

The best performers in the crypto market as of 12:34 am ET were Tron (TRX), which rose by 3.03% to $0.0654; Cosmos (ATOM), which rose by 3.81% to $12.12; Near Protocol (NEAR), which rose by 4.88% to $4.31; and Lido DAO (LIDO), which rose by 9.38% to $2.08.

The worst performers as of 12:34 am ET were eCash (XEC), which was down by 7% to $0.00004498; Dash (DASH), which was down by 4.30% to $46.05, Helium (HNT) which was down by 8.54% to $5.63; and Synthetix (SNX), which was down by 8.02% to $3.12.

A representation of cryptocurrency Binance is seen in this illustration taken August 6, 2021.
A representation of cryptocurrency Binance is seen in this illustration taken August 6, 2021. Reuters / DADO RUVIC