Ethereum (ETH) trades around $4,600 on Friday following strong accumulation from investors and declining selling pressure over the past few weeks.
XRP, BNB and Solana prices have been in a decline the past seven days. Traders are concerned about the market-wide correction in crypto. The sentiment indicator called the Fear & Greed Index shows traders have turned “fearful,” a sign of a bearish outlook.
Bitcoin (BTC) hovers around $110,100 at the time of writing on Tuesday after closing below a key support level the previous day, triggering massive liquidations across the market. More than 179,700 traders were wiped out in the past 24 hours, with losses exceeding $800 million.