Crypto Market Slips, Bitcoin Holds Dominance; Flare Surges 9%

The crypto market today resumed its trade on a sluggish note, with the market capitalization slipping to $3.13 trillion, a 1.37% decline since yesterday. However, trading activity picked up, as the total volume rose by 5.75% to $131.99 billion. Despite the downturn, investors remain cautious, which is evident with the Fear & Greed Index sitting at 35, indicating a state of "Fear."

Bitcoin price sunk by 1.11% in the past 24 hours, presently changing hands at $96,148.71. Despite the fall, BTC maintains a market cap of $1.905 trillion and a strong dominance of 61.01%, reaffirming its leadership in the crypto space. The 24-hour trading volume surged to $54.38 billion, reflecting continued interest in the asset.

Ethereum struggled on its daily chart with a 3.52% decline, bringing its price to $2,620.51. Ethereum-killer, Solana also fell by 1.17%, now listed on exchanges at $191.06. However, XRP defied the trend, posting a modest 0.76% gain to reach $2.37.

Flare saw a 9% surge, emerging as the top-performing cryptocurrency in the past 24 hours. Other notable gainers include XCN, which rose by 6.5% to $0.0279, and Maker, which gained 5% to reach $948.28. On the losing side, several cryptocurrencies recorded double-digit losses, with BERA dropping 15% to $6.86, MOVE falling 12% to $0.5412, and LDO sliding 10% to $1.54.