BTC, ETH, XRP Plunge as Investors’ Red Sentiment Sticks
Bitcoin (BTCUSD) has fallen under $95,000 in the cryptocurrency market as investors’ red sentiment sticks to crypto assets in the absence of fresh catalysts to drive momentum.
Reflecting negative sentiment, Ethereum (ETHUSD) has fallen to $3,095, and Ripple (XRPUSD) is priced below $2.20, as selling pressures in the cryptocurrency market intensify.
Investors stuck to trading with red sentiment, and the profit-taking continues to hurt. Crypto analysts had projected possible rebounds ahead of the US government reopening, but investors appear to have brushed off such expensive expectations.
Trading data from CoinMarketcap.com showed that Bitcoin has lost 1.44% in the last 24 hours, trading at $94.3k with total trading volume at $50.589 billion.
The market value of Bitcoin has plunged by 9% in the last seven trading sessions, dragging the world’s largest digital asset down to $1.884 billion.
Ethereum has dropped to $3,096 in the last 24 hours on $23.5 billion in trading volume. Its market capitalization is down to $373.7 billion, posting a 12% weekly loss.
XRPUSD is down by 2.5% to $2.18 as trading volume printed at $3.292 billion amidst sell pressures. Its market value, printed at $131 billion, lost approximately 6% in seven trading sessions.
A majority of other digital assets, including Solana (SOLUSD), BNB (BNBUSD), TRON (TRXUSD), Dogecoin (DOGEUSD), and Cardano (ADAUSD), are trending lower.
At the press time, the market value of all cryptocurrencies has fallen to $3.23 trillion, down by 1% in the last 24 hours. # BTC, ETH, XRP Plunge as Investors’ Red Sentiment Sticks MTN Nigeria Plunges by 10% to N9.01trn as Sentiment Fades
