{"id":35705,"date":"2024-01-15T05:29:31","date_gmt":"2024-01-15T05:29:31","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2024\/01\/15\/bitcoin-ethereum-and-pepe-extend-decline-as-etf-optimism-evaporates\/"},"modified":"2024-01-15T05:29:31","modified_gmt":"2024-01-15T05:29:31","slug":"bitcoin-ethereum-and-pepe-extend-decline-as-etf-optimism-evaporates","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2024\/01\/15\/bitcoin-ethereum-and-pepe-extend-decline-as-etf-optimism-evaporates\/","title":{"rendered":"Bitcoin, Ethereum and Pepe Extend Decline As ETF Optimism Evaporates"},"content":{"rendered":"


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The cryptocurrency market displayed weak spot in early morning commerce in Asia on Saturday. The main cryptocurrency Bitcoin witnessed a drop in its costs because the optimism about exchange-traded funds (ETFs) monitoring Bitcoin evaporated.<\/p>\n

The Crypto Fear and Greed Index hit a three-month low, falling again to \u201cneutral\u201d \u2013 for the primary time since October final 12 months. This implies that buyers have develop into extra cautious because the launch of US-listed spot Bitcoin merchandise.<\/p>\n

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Earlier this month, the OG cryptocurrency Bitcoin surged to nearly $49,000, the very best degree in almost 2 years, in anticipation of the approval of spot Bitcoin ETFs within the US. However, Bitcoin (BTC) costs have dropped since and stood at $42,578 at press time, down 0.06% during the last 24 hours. Bitcoin\u2019s market cap fell to 834.4 billion whereas buying and selling volumes had been up almost 10% prior to now 24 hours at $19.3 billion.<\/p>\n

Ethereum \u2014 the second largest crypto by market cap \u2014 additionally noticed a 1.5% decline in its costs during the last 24 hours and was altering palms at $2,510 on the time of writing. While Ether\u2019s market cap slid to $301.7 billion, buying and selling volumes nosedived over 7% to $10.1 billion prior to now 24 hours.<\/p>\n

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While Tether (USDT) costs remained flat, BNB costs jumped over 3.6% to $313.11, whereas XRP costs stood at $0.58, up almost 4% during the last 24 hours. Meanwhile, Solana (SOL) worth fell by 0.8%, and Cardano (ADA) worth declined by over 1%.<\/p>\n

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Both Avalance (AVAX) and Dogecoin had been buying and selling within the inexperienced at press time, whereas Shiba Inu (SHIB) noticed an almost 0.9% drop in its costs prior to now 24 hours. The world crypto market fell 0.12% to $1.68 trillion.<\/p>\n

Top 3 Cryptos For Today<\/h2>\n

Pepe Price Falls 0.03%<\/h3>\n

The frog-themed memecoin Pepe fell marginally to $0.000001226, a 0.03% decline over the previous 24 hours. Pepe\u2019s market cap fell to $515 million whereas buying and selling volumes plummeted over 20% to $61 million.<\/p>\n

SUI Price Surges 13%<\/h3>\n

Sui blockchain community\u2019s native token SUI jumped over 13% prior to now 24 hours. At press time, SUI\u2019s worth stood at $1.42, whereas its market cap rose to $1.55 billion. However, buying and selling volumes fell 30% prior to now 24 hours, indicating diminishing retail curiosity within the digital asset.<\/p>\n

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