Crypto market decline cools despite red numbers, these rates are already rising

The crypto market turns red again, but most prices do not take a heavy hit and remain somewhat in the same range. However, the recent positive sentiment continues to wane and investors have become somewhat more cautious. The total market cap of crypto is down about 1% to $1.196 trillion.

Bitcoin is still stuck just above $27,000

Bitcoin (BTC) is hovering between $27,200 and $27,400 this morning, the same range since last Friday. Sentiment is deteriorating and this is also reflected among whales and institutional investors. It looks like the market is starting to factor in another dip, but the Glassnode founders think it could be the last.

Ethereum to lowest price since the beginning of the month

Ethereum (ETH) is already struggling a bit and just dropped to $1,810, its lowest price in weeks. At the time of writing, the ether price is rising to $1,821, but is still down 1.1% today.

Polygon again hardest faller in red crypto top 10

Binance coin (BNB) is again the strongest in the top 10 and is just 0.4% up today at $330. Dogecoin (DOGE) is just 0.1% down at $0.0785. Then polkadot (DOT) follows, which drops 0.7% to $5.86. Next, we have cardano (ADA) which is down 0.9% to USD 0.38.

Ripple (XRP) made two deep drops in the past 24 hours and is down 1% today at $0.456. Solana (SOL), however, is already down 1.4% to $21. Polygon (MATIC) is again the biggest loser out of the top 10 today, dropping 1.6% to $0.97.

Pancakeswap takes the hardest hit in crypto top 100

Most of the top 100 also turn red, but for most prices it is less than 2%. However, Zilliqa (ZIL), bittorrent (BTT) and baby doge coin (BABYDOGE) are already down 3%. Flow (FLOW) is down by almost 5% and radix (XRD) by almost 6%. However, it is pancakeswap (CAKE) that takes the heaviest blow today. The CAKE price drops by no less than 18% to $2.65.

Chiliz, render and injective are rising fastest in crypto top 100

Finally, we have a handful of green prices in the top 100. Litecoin (LTC), conflux (CFX), avalanche (AVAX) and kaspa (KAS) are up about 2 to 3% today. Chiliz (CHZ) is already up 5.1% to USD 0.126.

Render (RNDR) is once again growing strongly, shooting up 8.1% to $1.85. Injective (INJ) is the big winner of the day, currently trading at around $7.34 after up as much as 13%.

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