Crypto On Sept. 6: Bitcoin Remains Bearish While Ether Turns Green

The crypto market saw the world's biggest cryptocurrency Bitcoin (BTC) drop 0.58% Tuesday after failing to retain the $20,000 price level while Ether (ETH) surged 3.92% in the last 24 hours.

According to the data from CoinMarketCap, the price of 1 BTC as of 12:00 a.m. ET stood at $19,773 while the price of 1 ETH stood at $1,637. These tokens have respective resistances toward the $25,000 and the $2,000 price levels which need to be flipped into support.

Data from Alternative.me revealed the crypto market was in "extreme fear" and there was a surge in volatility in the crypto space. Moreover, the value of the Fear and Greed Index was 22. In the last seven days, BTC slipped 2.44% while ETH dropped 6.07%.

The other top 10 cryptocurrencies were mostly in green. Binance Coin (BNB) was up 0.30% to $279.41; Cardano (ADA) was down 0.22% to $0.4972; Solana (SOL) was up 1.90% to $32.73; Dogecoin (DOGE) was up 0.10% to $0.06325; and Ripple (XRP) was up 0.16% to $0.3306.

On the other hand, the top losers in the crypto market as of 12:01 a.m. ET included Shiba Inu (SHIB) which was down 0.83% to $0.00001265; Litecoin (LTC) which was down 0.87% to $60.12; Cosmos (ATOM) which was down 2.45% to $12.53; and Algorand (ALGO) which was down 2.04% to $0.3038.

The biggest gainers in the crypto space as of 12:02 a.m. ET included Terra Classic (LUNC) which was up 51.45% to $0.0003906; Ethereum Classic (ETC) which was up 23.58% to $40.05; Bitcoin Cash (BCH) which was up 6.08% to $125.59; and Lido DAO (LIDO) which was up 6.95% to $2.17.

Interestingly, according to the algorithm from Bitnation, the maximum price of Terra Classic (LUNC) is expected to be around $0.000713 and the maximum price of Shiba Inu (SHIB) is expected to be around $0.000023.