Key highlights<\/strong><\/h2>\nThe crypto market continues to look strong despite fears of a deeper correction. As of now, here are the major market highlights that deserve your attention:<\/p>\n
\n- The global crypto market capitalization stands at $1.14T, down by half a percentage point over the past 24 hours.<\/li>\n
- Bitcoin\u2019s market dominance dropped under 40% (39.98% today), opening doors for altcoins.<\/li>\n
- India\u2019s onshore crypto index (CRE8) was trading at \u20b93,314.81 at release, up by a flattish 0.29%.<\/li>\n<\/ul>\n
Key coins<\/strong><\/h2>\nWhen it comes to the top 10 cryptos by market capitalization, Dogecoin (DOGE) and Ripple (XRP) seem to be outperforming the broader market with gains of 8.83% and 3.77%, respectively. However, if we delve deeper into the market, smart contract-friendly project EOS is one of the top Wednesday gainers, charting close to 24.03% in unrealized profits over the past 24 hours.<\/p>\n
Other key movers include JasmyCoin (JASMY) and the eco-friendly project Tezos (XTZ) with day-on-day up moves of 10.78% and 7.30% respectively.<\/p>\n
The biggest loser today is Civic (CVC)\u2014a Web 3.0-focused project\u2014tumbling by almost 7.15% on the back of an 85% drop in trading volumes.<\/p>\n
Crypto Fear and Greed Index (CFGI)<\/strong><\/h2>\nThe Crypto Fear and Green Index managed to hold above the 40 level, despite investors expecting a market sell-off. At present, the index is at 41, which still indicates fear. However, things seemed to have settled for good as compared to the last month\u2019s extreme fear, when the indicator was moving around 20.<\/p>\n
![\"Crypto](\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/08\/Screenshot-2022-08-17-at-9.07.32-AM-1024x221.png\")
<\/p>\n
Key coins<\/strong><\/h2>\nWhen it comes to the top 10 cryptos by market capitalization, Dogecoin (DOGE) and Ripple (XRP) seem to be outperforming the broader market with gains of 8.83% and 3.77%, respectively. However, if we delve deeper into the market, smart contract-friendly project EOS is one of the top Wednesday gainers, charting close to 24.03% in unrealized profits over the past 24 hours.<\/p>\n
Other key movers include JasmyCoin (JASMY) and the eco-friendly project Tezos (XTZ) with day-on-day up moves of 10.78% and 7.30% respectively.<\/p>\n
The biggest loser today is Civic (CVC)\u2014a Web 3.0-focused project\u2014tumbling by almost 7.15% on the back of an 85% drop in trading volumes.<\/p>\n
Crypto Fear and Greed Index (CFGI)<\/strong><\/h2>\nThe Crypto Fear and Green Index managed to hold above the 40 level, despite investors expecting a market sell-off. At present, the index is at 41, which still indicates fear. However, things seemed to have settled for good as compared to the last month\u2019s extreme fear, when the indicator was moving around 20.<\/p>\n
<\/p>\n
The Crypto Fear and Green Index managed to hold above the 40 level, despite investors expecting a market sell-off. At present, the index is at 41, which still indicates fear. However, things seemed to have settled for good as compared to the last month\u2019s extreme fear, when the indicator was moving around 20.<\/p>\n
<\/p>\n