Bitcoin and the crypto market have seen downside price action on shorter timeframes. The first crypto by market cap has been trading in a tight range this week with sudden spikes in volatility impacting smaller cryptocurrencies.
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Momentum seems to be favoring the bulls as Ethereum (ETH), Solana (SOL), Terra (LUNA), keep their gains as Bitcoin hints at further lows. SOL’s price records a 22% profit which makes it the best performing asset in the crypto top 10.
At the time of writing, the crypto total market stands above the important mark of $2 trillion.
Crypto total market cap trends to the upside since Marc 2022 on the daily chart. Source: Tradingview
Per a recent report from Arcane Research, crypto market participants are at a crossroads. The Fear and Greed index is currently at neutral ground after it saw a major spike from below.
As seen below, the research firm records the metric at 53 which is s ..
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