Bitcoin

<ul><li>Bitcoin trades above $50K, impacting top cryptos while market cap falls to $1.95T, with BTC dominance at 50.02%.</li><li>Selfkey, WEN, and SHX defy the market trend, posting gains of 47.7%, 45.3%, and 41.7% respectively amid broader declines.</li><li>The crypto market&#39;s Fear &amp; Greed Index at 74 reflects &#39;Greed&#39; despite a 0.48% drop in overall market capitalization to $1.95T.</li></ul>In a recent market analysis provided by CryptoRank, a well-respected research and analytics platform within the cryptocurrency industry, it has been noted that the <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">cryptocurrency</a> market is currently experiencing a downturn. However, Bitcoin is currently trading above the $50,000 mark, despite recent fluctuations.In a recent analysis, CryptoRank delved deeper into the market trends, highlighting key statistics and performances of various cryptocurrencies, as well as shedding light on notable market activities such as token unlocks. At the time, Bitcoin was trading below the $50k mark.The cryptocurrency market is witnessing a notable contraction, as evidenced by the trading patterns of major cryptocurrencies. Bitcoin, the largest cryptocurrency by market capitalization, is experiencing a decline in its market dominance, now standing at 50.02%, a slight decrease from previous figures. This decline is reflective of the broader market trend, with the overall market capitalization decreasing by 0.48% to $1.95 trillion. The market&#39;s sentiment, as measured by the Fear &amp; Greed Index, remains in the &#34;Greed&#34; territory with a score of 74, indicating a prevailing optimism among investors despite the downturn.Read full article at CryptoTale.

Bitcoin Surges Past $50,000 as Top Cryptocurrencies See Red

CryptoTale

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