Crypto Markets Edge Higher Despite Lingering Fear
Cryptocurrency markets gained modest ground with total capitalization rising 0.9% to $3.22 trillion. Bitcoin maintained its dominance at 57.1% while ethereum held 12.1% market share. Trading activity remained robust with $134.7 billion in volume across exchanges.
Bitcoin climbed 1.14% to $92,120.83, while Ethereum advanced 0.73% to $3,250. The Fear & Greed Index lingered at 29, reflecting persistent caution among traders despite the upward price action.
Notable movements included FTX/Alameda transferring $25.5 million in unstaked SOL across exchanges. Polkadot and XRP Ledger tokens emerged as top performers during the session.