Crypto Market Today (Dec 6th, 2024): Fear & Greed Index Hits Extreme Greed While Cryptos Fall?

The post Crypto Market Today (Dec 6th, 2024): Fear & Greed Index Hits Extreme Greed While Cryptos Fall? appeared first on Coinpedia Fintech News The cryptocurrency market has witnessed a dip today, with the market cap falling by 2.23% to $3.6 trillion. Trading volume has also taken a hit, declining 5.86% to $320.02 billion. Despite these setbacks, the Fear & Greed Index remains in the “Extreme Greed” zone at 81, signaling heightened investor enthusiasm. Bitcoin Loses Ground While Dominance Stays Strong Bitcoin’s price slipped by 4.51% in the last 24 hours to settle at $98,024.63. Its trading volume also dropped by 5.57%, reaching $120.80 billion. However, Bitcoin’s dominance in the market remains robust at 53.86%, reflecting its central role despite the market’s downturn. For an in-depth look at Bitcoin’s future, explore our Bitcoin Price Prediction . Altcoins See Mixed Performance Ethereum has managed a relatively modest decline of 1.79%, trading at $3,865.76. Solana and XRP faced sharper corrections, falling 2.44% and 6.03%, respectively. These movements highlight varying investor sentiment across major altcoins, suggesting potential opportunities and risks. Check out our detailed Ethereum Price Prediction . Top Gainers: BGB Leads the Rally BGB : Soared by 30.31% to $2.37, standing out as the day’s top performer. Dydx : Climbed 21.79% to $2.25. WLD : Increased by 12.80%, reaching $3.87. Top Losers: IOTA Faces Steep Decline IOTA : Dropped 11.43% to $0.438. VET : Declined by 10.48%, trading at $0.06485. ALGO : Fell 8.15% to $0.4433. FAQs How much is the global crypto market cap today? The global cryptocurrency market cap is $3.6 trillion, down 2.23% in the past 24 hours. Which tokens have gained the most today? BGB (+30.31%), Dydx (+21.79%), and WLD (+12.80%) are the top gainers. What is the Fear & Greed Index score right now? The Fear & Greed Index is at 81, indicating extreme greed.