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KEY POINTS
- The best performers were UNI, USTC, ALGO and SNX
- The fear and greed index rose to 24
- The top losers were SNT, CVX, KLAY and BTG
The crypto market opened on a bullish note Friday, with leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) making green daily candles, and altcoins following a similar pattern.
The world’s biggest cryptocurrency has retained the $19,000 price level as the week is about to end, while ETH retained $1,200 as support Thursday. However, the trading volume of BTC rose 93.55% in the last 24 hours, while that of ETH surged 125.83%.
The price of BTC increased by 3.76% while ETH jumped by 3.33% in the same period.
According to data from CoinMarketCap, BTC and ETH tokens were priced at $19,811 and $1,329, respectively, as of 12.01 a.m. ET. The crypto fear and greed index read “extreme fear” as its value rose to 24.
BTC was down 0.92% in the last seven days, while ETH’s price slipped 1.92%.
Other top 10 crypto coins in the market also showed bullish movement, with Binance Coin (BNB) up 1.93% to $275.17; Solana (SOL) up 2.79% to $31.64; Cardano (ADA) up 3.31% to $0.3873; Dogecoin (DOGE) up 2.71% to $0.06052; and Ripple (XRP) up 6.14% to $0.5021.
The top gainers included Uniswap (UNI), which was up 11.42% to $6.45; Algorand (ALGO), which was up 7.35% to $0.3278; Synthetix (SNX), which was up 9.63% to $2.22; and TerraClassicUSD (USTC), which was up 12.14% to $0.0509.
The top losers in the crypto market were Klaytn (KLAY), which was down 3.83% to $0.1541; Convex Finance (CVX), which slipped 4.37% to $5.49; Bitcoin Gold (BTG), which was down 4.54% to $18.75; and Status (SNT), which dropped 4.82% to $0.03212.
Other major tokens that were bullish included Polkadot (DOT), which jumped 2.34% to $6.24; and Polygon (MATIC), which rose 4.03% to $0.8009.
Cryptocurrency lending has run into trouble amid falling values and risky bets
GETTY IMAGES NORTH AMERICA via AFP / JOE RAEDLE
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