KEY POINTS

  • The best performers were ATOM, MIOTA, QNT and APE
  • The worst performers were UNI, LIDO, SHIB and HBAR
  • Fear and Greed Index reads 21

The crypto market on Monday turned a tad bearish with the majority of cryptocurrencies in red.

Bitcoin failed to retain $19,000 and dropped to the $18,000 price level, while Ether (ETH) was seen barely holding the $1,300 price region.

The leading cryptocurrencies, Bitcoin and Ether, were down 0.92% and 1.84% respectively in the last 24 hours although BTC was able to reclaim $19,000 last Friday.

The price of BTC and ETH tokens as of 12.08 a.m. ET was $18,872 and $1,303 respectively, according to data from CoinMarketCap.

The trading volume of Bitcoin jumped 4.12% in the last 24 hours, while that of ETH surged 11.09%, confirming the selloff of crypto coins was put to a halt.

Data from Alternative.me showed the crypto market sentiment was in "extreme fear" and the value on the Fear and Greed Index was 21. Moreover, in the last seven days, BTC rose 0.4%, while ETH's price was up 0.5%.

Other top 10 cryptocurrencies were also bearish with Solana (SOL) down 3.43% to $32.49; Binance Coin (BNB) down 1.22% to $273.01; Cardano (ADA) down 2.75% to $0.4439; Dogecoin (DOGE) down 3.11% to $0.06138 and Ripple (XRP) down 0.69% to $0.4826.

The top losers in the crypto market were Shiba Inu (SHIB), which dropped 4.09% to $0.00001104; Uniswap (UNI), which slipped 4.34% to $5.66; Hedera (HBAR), which dropped 5.43% to $0.0587 and Lido DAO (LIDO), which was down 7.62% to $1.57.

The top gainers included Cosmos (ATOM), which was up 1.64% to $14.11; ApeCoin (APE), which was up 3.51% to $5.68; Quant (QNT), which was up 2.54% to $117.99 and IOTA (MIOTA), which was up 6.81% to $0.2995.

Metaverse token The Sandbox (SAND) was also down 4.25% to $0.8589, along with Decentraland (MANA), which slipped by 3.20% to $0.694.

Illustration shows representations of cryptocurrency Ethereum
Read more
Bitcoin