It was a mixed session for the crypto market yesterday. Bitcoin (BTC) is currently in negative territory. Yesterday, it fell by 0.87% and ended at $24,102.
Earlier, on 14 August 2022, BTC touched $25,203. The last time it visited the $25,000 mark before this was on 13 June 2022.
Following BTC was Ethereum (ETH), which touched $1,904, losing ground by 1.7% after breaking through the $2,000 barrier recently.
Memecoins also lost ground after the run-up over the weekend, including the two largest memecoins by market cap. Dogecoin (DOGE) fell 6.% to $0.07, while Shiba Inu (SHIB) token was down 9.6%, at $0.0000153.
Meanwhile, the global crypto market cap dropped by 3.58% over the past 24 hours. The total crypto market cap is up by $65 billion this August.
Top gainers and losers
It was largely a bearish session yesterday after a bullish weekend. But some coins broke through in the last 24 hours, including sports and entertainment-focused network Chiliz (CHZ), leading the way, rallying by 17.04%. Machine learning-based blockchain platform Fetch.ai (FET) gained 9.05%, and decentralized platform IoTeX (IOTX) gained 3.57%.
On the other end, iExec (RLC) leads the way down, falling by 7.99%. Curve DAO (CRV) and Quantstamp (QSP) are also down by 7.62% and 7.52%, respectively.
Crypto Fear and Greed Index
The Fear and Greed Index, a popular market sentiment indicator, slipped from 45/100 to 44/100. The index saw a modest pullback despite the bearish start to the week and BTC falling to sub-$24,000. Bitcoin’s return to $25,000 should support an index move into the neutral zone, giving the BTC bulls a run at $30,000.