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BNB and Polygon lost more than 4% while Bitcoin held above $30,000

BNB and Polygon lost more than 4% while Bitcoin held above $30,000

After gaining for three straight days, the cryptocurrency markets were in the red on Friday. Ethereum (ETH) dipped below the $1,900 mark while Bitcoin (BTC) fell 0.73% to $30,063. BTC volume was over $18.92 billion, down 40% over the previous day. After a three-day rise, the markets have dropped. The fear and greed index for cryptocurrencies has not changed and is still at 65/100. BTC is still trading at roughly $30k, down 1.3%. After the market's euphoria over the BTC ETF, the price of BTC is starting to plateau. However, we may anticipate a strong hold of the BTC price at the current levels, with support near $29.7k. Top cryptocurrency tokens were trading in the red on Friday as well. Each of BNB, Solana, and Polygon saw a fall of over 4%. The market capitalization of all cryptocurrencies was trading lower at $1.17 trillion, dropping 1.36% in the previous day. The largest cryptocurrency in the world by market cap, Bitcoin, was valued at over $582 billion. According to CoinMarketCap, Bitcoin has a 50% market share today, up 0.16% from yesterday. Bitcoin could have a fall towards the $29,300 Fibonacci retracement after failing to break the $30,700 mark. Increased selling pressure could drive the price all the way down to the 38.2% Fibonacci line, which is around $28,400. The goals of $27,750 and $27,000 (50% and 61.8% Fibonacci retracement levels) will be significant if the bearish trend intensifies. Cryptocurrency Price Today Bitcoin Price Today | $30,063 Ethereum Price Today | $1,885 Tether Price Today | $0.9999 BNB Price Today | $243 XRP Price Today | $0.4962 Cardano Price Today | $0.2925 Dogecoin Price Today | $0.06642 Solana Price Today | $16.75 Polygon Price Today | $0.6685 Litecoin Price Today | $86.58 Polkadot Price Today | $4.92 Tron Price Today | $0.0725 Shiba Inu Price Today | $0.000007926 (Note: Price change in last 24 hours)

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