The crypto market is experiencing a negative trend due to a lack of a driving force to push it forward. However, after significant increases in recent weeks, positive sentiment continues to spread among investors.
Bitcoin started the week with a 0.41% decline and is currently trading at $37,297.73. The market cap has increased by 71.58% in the past 24 hours, reaching $14.85 billion. Additionally, Bitcoin surpassed the $38,000 level for the first time in a year last week, creating a positive impression in the market.
Ethereum declined by 1.42% to $2,045.62, while the trading volume increased by 69.82% to $8.6 billion. On the other hand, BNB continued its downward trend following last week’s controversial events, dropping by 1.8% to $228.91.
XRP found buyers at $0.6101 with a 1.61% decline, while Cardano (ADA), one of the top 10 altcoins, fell by 0.67% to $0.3847.
Dogecoin showed a 2.31% increase in the past 24 hours, trading at $0.08048. Shiba Inu, on the other hand, found buyers at $0.00000835 with a 0.72% increase. Pepe Coin reached $0.00000110 with a 1% decline.
Despite the market decline, Terra Classic is showing an incredible performance. LUNC price reached $0.000010100 with a significant increase, not disappointing investors. Axie Infinity traded at $7.10 with a 6.13% increase, and the trading volume in the past 24 hours reached an extraordinary 362.52% increase, reaching $440.89 million. Oasis Network continued to trade at $0.08215 with a 0.74% increase, indicating an increased investor interest.