Bitcoin, Ethereum, Dogecoin Have Still Not Found A Bottom: Are Whales Feeding On Investors’ ‘Extreme Fear?’

Bitcoin and other major coins were trading in the red on Sunday evening as the global cryptocurrency market cap decreased 3% to $1.6 trillion.

Price Performance Of Major Coins

Coin
24-hour
7-day
Price

Bitcoin (CRYPTO: BTC)
-3.6%
-11.9%
$34,104.31

Ethereum (CRYPTO: ETH)
-4.3%
-11.25%
$2,519.60

Dogecoin (CRYPTO: DOGE)
-2.65%
-6.55%
$0.12

Top 24-Hour Gainers (Data via CoinMarketCap)

Cryptocurrency
24-Hour % Change (+/-)
Price

ICON (ICX)
+8.2%
$0.66

Axie Infinity (AXS)
+7.3%
$30.74

NEAR Protocol (NEAR)
+7.7%
​​$11.16

See Also: Best Crypto Debit Cards

Why It Matters: Bitcoin and Ethereum continued to post declines alongside spurts in 24-hour trading volumes. BTC and ETH 24-hour trading volumes rose 51% and 55% respectively to $36.84 billion and $20.82 billion.

U.S. stock …

Full story available on Benzinga.com

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