The cryptocurrency market opened the day with a mix of gains and losses, reflecting cautious sentiment among traders. Here’s the latest snapshot of today’s price action and trading volumes for major cryptocurrencies:
Ethereum (ETH/USDT): $2,978.87 🔻 6.40% | 24h Volume: 1.64B (≈ Rs834,024)
Ethereum sees a sharp correction today, indicating strong selling pressure. Traders are watching the $2,900 support level closely.
PAX Gold (PAXG/USDT): $4,880.86 🔺 3.97% | 24h Volume: 144.79M (≈ Rs1,366,543)
PAXG continues to outperform as investors look for stability in tokenized gold amid market volatility.
DEXE (DEXE/USDT): $3.008 🔻 2.34% | 24h Volume: 147,245 (≈ Rs842)
DEXE experiences mild selling today, consolidating near $3.00. Short-term traders may find opportunities on rebounds.
BANANA (BANANA/USDT): $6.18 🔻 1.75% | 24h Volume: 1.20M (≈ Rs1,730)
BANANA shows minor decline, reflecting a cautious mood in the altcoin sector.
ZEN (ZEN/USDT): $10.115 🔻 5.33% | 24h Volume: 17.40M (≈ Rs2,832)
ZEN drops significantly today, indicating potential profit-taking among investors.
Litecoin (LTC/USDT): $68.88 🔻 1.73% | 24h Volume: 49.18M (≈ Rs19,285)
Litecoin holds near key support, showing stability despite broader market pressure.
Zcash ($ZEC /USDT): $353.25 🔻 3.11% | 24h Volume: 125.11M (≈ Rs98,903)
ZEC follows the overall market downtrend, but remains above crucial technical levels.
DASH (DASH/USDT): $68.69 🔻 7.90% | 24h Volume: 68.12M (≈ Rs19,232)
DASH faces the steepest decline today, reflecting increased bearish sentiment in mid-cap coins.
Yearn Finance (YFI/USDT): $3,376 🔻 1.80% | 24h Volume: 852,937 (≈ Rs945,212)
YFI sees minor correction but remains above psychological support, attracting cautious investors.
💡 Market Overview:
Today’s crypto market reflects mixed sentiment. Ethereum’s sharp decline is the highlight, while PAXG remains a safe haven for cautious traders. Altcoins like ZEN and DASH saw heavier losses, signaling short-term profit-taking and volatility. Overall, the market is in a consolidation phase with traders carefully watching support levels and trading volumes.
⚡ Insight for Traders:
Watch ETH near $2,900 for potential rebound.
PAXG may continue its steady upward trend.
High volatility in mid-cap altcoins like DASH and ZEN suggests short-term trading opportunities.#zec #dash #paxg #PAXGUptrend
