representation-cryptocurrency-binance-seen-this-illustration-taken-august-6-2021.jpg

Bitcoin, Ether Remain Stationary, Altcoins Crash

KEY POINTS

  • The best performers were OKB, HT, KCS and BSV
  • The worst performers were USTC, LIDO, KLAY and ICP
  • The fear and greed index value dropped to 20

The crypto market opened on a sluggish note Thursday, with leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) remaining stationary and holding $19,000 and $1,200 price levels, respectively.

In the last 24 hours, BTC and ETH tokens were a tad bearish, down 0.06% and 0.38% respectively.

Additionally, the world’s biggest cryptocurrency created by Satoshi Nakamoto is significantly lower than its all-time high of $69,000, witnessed on Nov. 10, 2021. On the other hand, ETH lost $1,300 Tuesday.

The trading volume of BTC dropped 8.32% in the last 24 hours, while that of ETH surged 1.68%.

BTC and ETH tokens were priced at $19,094 and $1,285, respectively, as of 12.25 a.m. ET, according to data from CoinMarketCap. The crypto fear and greed index was still in the “extreme fear” zone valued at 20.

BTC was down 6.39% in the last seven days, while ETH’s price slipped 6.67%.

Other top 10 crypto tokens showed bearish movement as Binance Coin (BNB) was down 0.20% to $269.68, Solana (SOL) was down 1.53% to $30.69, Cardano (ADA) was down 4.89% to $0.3746, Dogecoin (DOGE) was up 2.60% to $0.05905; and Ripple (XRP) was down 3.16% to $0.4735.

The top losers in the crypto market were TerraClassicUSD (USTC), which was down 22.08% to $0.04569; Lido DAO (LIDO), which slipped 7.62% to $1.22; Klaytn (KLAY), which was down 7.05% to $0.1605; and Internet Computer (ICP), which dropped 6.46% to $4.96.

The top gainers included OKB (OKB), which was up 4.65% to $16.80; Huobi Token (HT), which was up 11.12% to $7.23; Bitcoin SV (BSV), which was up 2% to $49.24; and KuCoin (KCS), which was up 3.36% to $9.10.

Other major tokens were bearish, with Polygon (MATIC) down 3.47% to $0.7673 and Polkadot (DOT) down 2.01% to $6.10.

A representation of cryptocurrency Binance is seen in this illustration taken August 6, 2021.
A representation of cryptocurrency Binance is seen in this illustration taken August 6, 2021.
Reuters / DADO RUVIC

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