Crypto On Oct. 11: Bitcoin Loses $20,000; Ether Breaks Retests $1,200

The crypto market crashed significantly Tuesday with leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) making red bearish candles. They were down 2.04% and 3.44%, respectively, in the last 24 hours.

The world's biggest cryptocurrency was able to retain prices above the $19,000 price level Monday, while Ether consolidated above the $1,300 level.

On the other hand, the trading volume of BTC surged 67.97% in the last 24 hours, while that of ETH was up 66.76%, indicating a huge market sell-off.

BTC and ETH tokens were priced at $19,057 and $1,278, respectively, as of 12.22 a.m. ET, according to data from CoinMarketCap. The crypto fear and greed index was in the "extreme fear" zone as its value rose to 24.

BTC was down 2.62% in the last seven days, while ETH's price slipped 3.64%.

Every other coin in the top 10 of the crypto market showed bearish movement, as Binance Coin (BNB) was down 2.90% to $270.02, Solana (SOL) was down 5.18% to $31.37, Cardano (ADA) was down 6.51% to $0.3963, Dogecoin (DOGE) was down 5.27% to $0.05897 and Ripple (XRP) was down 7.29% to $0.4942.

The top losers in the crypto market were Shiba Inu (SHIB), which was down 7.74% to $0.00001017; Ethereum Classic (ETC), which slipped 10.96% to $24.02; Near Protocol (NEAR), which was down 9.57% to $3.18 and Chiliz (CHZ), which dropped 13.37% to $0.1866.

The top gainers included Holo (HOT), which was up 0.58% to $0.00203; Convex Finance (CVX), which was up 1.77% to $5.54; TerraClassicUSD (USTC), which was up 47.52% to $0.04921 and Maker (MKR), which was up 4.49% to $952.36.

Other major tokens were bearish as of 12.24 a.m. ET with Polygon (MATIC) down 3.10% to $0.8057 and Polkadot (DOT) down 4.10% to $6.20.