The crypto market chart reflected losses next to majority cryptocurrencies on Monday. Bitcoin saw a price dip of 1.04 percent over the last day With this, its price at the time of writing stooped to $87,670.
Ether joined Bitcoin to clock losses. The second-most expensive crypto asset after BTC, ETH fell in price by nearly ten percent over the last day. At press time, ETH was retailing at $2,900, showed data by CoinMarketCap.
While price dips make for an entry point for new investors to enter the markets and for old investors to “buy the dip”, market volatility reflected by the top two crypto assets have stirred the sentiment of fear among investors.
“With the current global financial markets adjusting to ongoing geopolitical concerns, investors are now leaning into stable traditional assets, and gold continues to behave like the world’s ultimate insurance policy,” Gracy Chen, CEO at Bitget told Coin Headlines. “Bitcoin is on a similar trajectory considering being an undervalued asset currently. While it may be affected by macro events, there are factors which hint at an increasingly bullish outbreak.”
BNB, Solana, Tron, Dogecoin, Cardano, Monero, Bitcoin Cash, and Chainlink reflected price drops of under three percent on Monday. Donald Trump-backed World Liberty Financial fell by 6.36 percent over the last day to trade at $0.1602 amid the ongoing Greenland-related talks between the U.S. and the EU.
The overall crypto market cap slipped by 1.04 percent over the last day. The valuation of the digital assets market presently stands at $2.96 trillion, data by CoinMarketCap shows.
“Steady ETF inflows, reduced volatility compared to tech stocks, development on the crypto market structure bill in the US and a market cycle that is breaking from historical norms. If these forces persist, Bitcoin has a credible path toward $150,000–$180,000 by the end of 2026,” Chen added.
The score of 29 on the crypto fear and greed index reflects at the sentiment of fear among investors amid unpredictable market turns.
Crypto liquidations hit $750.85 million in the last 24 hours with 191,960 traders being liquidated, showed CoinGlass data. While $274 million left the ETH ecosystem, BTC network clocked outflows worth $206.8 million.