The crypto is off to a good start this week, led by Ethereum (ETH) and Polkadot (DOT). Polkadot saw a 7.3% rise, while Solana—another key gainer—was up 3.6%. Meanwhile, Bitcoin touched $24,203 briefly in yesterday’s session—its highest since the end of July. Ethereum rallied to $1,806, its highest since early June.
The global crypto market is steady after yesterday’s early low and late pullback. The global crypto market cap is currently $1.12T, with a 1.86% increase since yesterday.
Crypto Fear and Greed Index
The week began on a positive note, with BTC providing a much-needed boost to the Fear & Greed Index—a tool to gauge the crypto market. The index rose from 30/100 to 42/100, bringing the number up to the previous high on 30 July. The Index improved after BTC reached the $24,000 resistant level for a brief moment yesterday. BTC rallied by 2.75% and ended the day at $23,818.
Top gainers and losers
Republic Protocol (REN) leads the way, rallying by 36.81%. Indexing protocol The Graph (GRT) and decentralized blockchain Harmony (ONE) also did well. They gained 14.41% and 8.81%, respectively.
On the other hand, yesterday’s top gainer, AirSwap (AST), led the way downward, falling by 8.64%. Quantstamp (QSP) and Theta Network (THETA) also see significant losses—3.37% and 3.31%, respectively.