After a fairly volatile week with many new peaks and then sharp declines, the crypto market seems to have calmed down a bit. However, a large number of altcoins from the top 100 are still deep in the red compared to a week ago. The total market capitalization of crypto drops to $1.2 trillion this morning.
📈 Market Overview#BTC price trades below $28K
The Top-10 are traded in different directions: $BNB +0.94%, $ADA -1.72%, $DOGE -1.71%.
Market cap: $1.23T (+1.35%) $BTC dominance: 43.69% (-0.37%)
Fear & Greed Index: 64 (Greed)Full Report👉https://t.co/Tf5XEImDDr pic.twitter.com/3BJSCZcP3h
— CryptoRank Platform (@CryptoRank_io) March 27, 2023
Bitcoin bounces at $28,000
Bitcoin (BTC) made several attempts to break through $28,000 in recent days, but then fell below each time. Also this morning, the price briefly shot past $28,000, but is falling back to $27,800 at the time of writing. This means that the BTC price is just 0.4% up today. Still, there are several factors this week that could cause a stir again.
Fastest growth in Bitcoin addresses with more than 0 BTC since early 2021 pic.twitter.com/kg169ZxJ8W
— Will Clemente (@WClementeIII) March 24, 2023
Ethereum price is having a tougher time
Ethereum (ETH) has had a bit more difficult time than bitcoin lately, while the two correlated very strongly last year. Also today, the ether price is down 1.5% at $1,760.
Hi all👋, there’s news from @Ethereum Foundation’s Bug Bounty Program: https://t.co/MaBGlzTJ9S
All Shapella-related bugs in scope now have a 2x multiplier (up to $500,000 USD per bug) until April 5th.
Looking forward to seeing your submissions!
— Fredrik Svantes (@fredriksvantes) March 24, 2023
BNB and XRP just up
Binance coin (BNB) is holding up a little stronger today, hovering around $328, putting it up just 0.1%. Ripple (XRP) fell sharply yesterday, but was able to recover overnight and just touched $0.47. With that, XRP is already 0.5% up today. However, Crypto Insiders analysts fear another significant plunge.
SOL, DOGE, MATIC and ADA in red
The rest of the top 10 turns red. Solana (SOL) is down 1.8% to $20.5, dogecoin (DOGE) is down 2.1% to $0.074 and polygon (MATIC) is down 2.4% to $1.08.
The next major chapter for Polygon, Ethereum and the whole of Web3 starts tomorrow. 🦄💫
Join us, let’s celebrate together: https://t.co/s9ZjiCLOIR
— Mihailo Bjelic (@MihailoBjelic) March 26, 2023
Cardano (ADA) is today the biggest loser of the top 10 and is down 2.6%. The ADA price is currently trying to regain $0.35.
🎉 ICYMI: #CardanoSummit2023 dates and location were announced last week!
📆 November 2-4, 2023
🇦🇪 Main stage – Dubai
🌏 Community-led events (more info coming soon)
💻Virtual📌 SAVE THE DATE and register your interest below!
🔗 https://t.co/8lmrUdFpJk pic.twitter.com/Bxq05mDpkC— Cardano Foundation (@Cardano_CF) March 27, 2023
Crypto top 100 hardest fallers
Although most of the top 100 are in the minus today, they are not too deep red numbers for the time being. The day’s hardest fallers are sandbox (SAND) down 3.5%, dash (DASH) down 4.5%, loopring (LRC) down 5% and singularitynet (AGIX) down 5.2%.
Cogito Protocol is a #SingularityNET spinoff building a “stablecoin-as-a-service” framework, allowing for the creation of an entirely new class of digital assets with low volatility called #Tracercoins
➡️Follow @CogitoProtocol for more on decentralized, #AIdriven stables. pic.twitter.com/d9DK02p6kA
— SingularityNET (@SingularityNET) March 27, 2023
TON, RPL, MASK, NEO crypto top 100 hardest climbers
On the other hand, we still have a handful of green rates in the top 100. Toncoin (TON) rose by 2.5% to $2.15.
What units #TON and Twitter?
It’s iMe!👏Send Toncoin $TON through #twitter handle with iMe Wallet or even in iMe chats🤯
Select $TONtap Send
Click Twitter🐦, type a handle
Select the amount, and send!Now @ton_blockchain is “twitter-enabled” thanks to iMe.
Easy peasy $LIME… pic.twitter.com/mOxC7Hzuv1— iMe Smart Platform (@iMePlatform) March 27, 2023
Rocket pool (RPL) is up almost 3%. Okb (OKB) just made a big jump of almost 4% towards USD 44. Mask Network (MASK) is already up 4.5% today and neo (NEO) is up 5% to $12.7.
We are excited to announce the launch of NeoChat – a new instant messaging service on Neo.
Visit the platform at https://t.co/hrs0pGViP4 .
To celebrate, we’ve allocated 500 $GAS to reward early users. Read on below to learn more about NeoChat features and how you can win! 👇 pic.twitter.com/ScMJBASOkT
— Neo Smart Economy (@Neo_Blockchain) March 20, 2023
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