Bitcoin Rises While Ethereum Falls in Mixed Crypto Market
Major cryptocurrencies showed mixed results on Wednesday, with market fear still present.
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The cryptocurrency market had mixed results on Wednesday. Bitcoin recovered slightly and almost reached $114,000, but Ethereum dropped 16.82% from its highest price. Bitcoin now controls 58% of the market, and the total crypto market is worth $3.90 trillion.
In 24 hours, $270 million was lost from the market. More than 55% of traders on Binance expect Bitcoin to go up. Bitcoin went up 0.82% to $113,254, while Ethereum fell 1.42% to $4,124.
XRP gained 2.82% and Dogecoin rose 0.29%. Some smaller coins had big gains, with Concordium up 118%. The Fear & Greed Index shows people are afraid.
Experts say this calm period might come before big market changes. They point to low volatility and fewer coins on exchanges as signs of future movement.
Original Article
benzinga.comhttps://www.benzinga.com/crypto/cryptocurrency/25/09/47857127/bitcoin-dogecoin-xrp-gain-while-eth-dips-further-analytics-firm-sees-calm-before-the-storm-