The crypto market began the day on a cautious note, with the global market capitalization slipping by 1.37% to $3.13 trillion. Despite the overall decline, trading activity increased, as the total volume climbed 5.75% to $131.99 billion. This mixed sentiment is further highlighted by the Fear & Greed Index, which currently sits at 35, indicating a state of “Fear.”

Bitcoin, the leading cryptocurrency, witnessed a 1.11% drop in its price over the last 24 hours, trading at $96,148.71 at the time of writing. Despite this slight decline, Bitcoin maintains its dominant position in the market with a capitalization of $1.905 trillion and a robust dominance of 61.01%. Trading volume for BTC surged to $54.38 billion in the past day, showcasing sustained investor interest despite the bearish undertones.

In the altcoin sector, Ethereum experienced a notable decline, dropping 3.52% to $2,620.51. Solana, often dubbed the “Ethereum killer,” also faced downward pressure, losing 1.17% to trade at $191.06. Meanwhile, XRP stood out with a modest gain of 0.76%, pushing its price to $2.37.

Among the top performers, Flare emerged as the standout gainer, surging by 9% in the past 24 hours. This significant jump positioned Flare as the top-performing cryptocurrency in the market today. Other notable gainers included XCN, which climbed 6.5% to $0.0279, and Maker, which saw its price rise by 5% to $948.28.

On the flip side, several cryptocurrencies suffered sharp declines. BERA led the losing streak with a significant 15% drop, bringing its price to $6.86. MOVE followed with a 12% fall to $0.5412, while LDO slid by 10% to $1.54.

As the market navigates this phase of mixed trends, investors remain wary of the uncertainty ahead. However, the sustained trading activity and resilience in certain assets indicate that opportunities still exist for those closely monitoring market movements.

Stay tuned for daily updates on the crypto market to keep track of evolving trends and price movements.