The cryptocurrency market is experiencing a tumultuous phase, with many top tokens struggling to maintain their positions above critical support trend levels. This resilience, or lack thereof, has raised concerns among investors and traders alike, as technical indicators signal increasing uncertainty in the market.
Bitcoin has been notably active, recently retesting the significant $115,000 mark, peaking at $115,322. However, it could not sustain its position above this threshold, establishing the $115,000 level as a crucial point to watch. Similarly, Ethereum is grappling with price consolidation around the $3,600 mark, indicative of a broader trend where major cryptocurrencies are stalling.
PUMP Crypto Jumps Over 10%, Litecoin Retests Its Crucial Support!
Amidst the uncertainty, Pump.fun (PUMP), a memecoin, has emerged as a standout performer, surging over 10% in the past 24 hours. Despite a notable decrease in trading volume—down 22.79% to $449.68 million—this increase in price suggests a growing accumulation of PUMP tokens among investors, hinting at a potential turning point for this asset.
Conversely, Litecoin (LTC) has entered a period of retreat. After recent robust performance, the token has lost over 5% in value over the past day. As of now, Litecoin’s market capitalization stands at approximately $8.85 billion, with an intraday trading volume of $1.01 billion, reflecting a stark 47.33% decline in trading activity.
Trending Cryptos Today
(Here, you would typically highlight several cryptocurrencies that are capturing attention on that particular day.)
Top Gainers & Losers Today
| Gainers | Losers |
| Pump.fun (PUMP): +10.57% | Fartcoin (FARTCOIN): -6.07% |
| Cronos (CRO): +1.67% | Bonk (BONK): -6.02% |
| DeXe (DEXE): +0.98% | Litecoin (LTC): -5.28% |
| PancakeSwap (CAKE): +0.87% | Sonic (S): -5.97% |
Crypto Marketcap Overview
Recent data from CoinMarketCap reveals a decrease in the intraday trading volume of the crypto market, now sitting at $135.55 billion—down 7.78%. This decline has led to a global cryptocurrency market valuation of $3.72 trillion, reflecting a 0.67% drop in total value.
The current Fear & Greed Index sits at 52, indicating a neutral sentiment that suggests weak buying and selling pressure in the market. Meanwhile, the Altcoin Season Index has dipped to 36, pointing to rising uncertainty across the cryptocurrency landscape.
Liquidation events have also been significant recently, with approximately 112,293 traders liquidated according to data from CoinGlass. Over the past 24 hours, total liquidations reached about $226.45 million. Notably, the largest single liquidation was recorded on the Binance exchange, amounting to $2.09 million on the ETH/USDT trading pair.
Also Read: Top Gainers and Losers on CoinMarketCap Today