Crypto On Oct. 11: Bitcoin Loses $20,000; Ether Breaks Retests $1,200

KEY POINTS

The best performers were HOT, CVX, USTC and MKR
The worst performers were SHIB, ETC, NEAR and CHZ
The value of the fear and greed index rose to 24

The crypto market crashed significantly Tuesday with leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) making red bearish candles. They were down 2.04% and 3.44%, respectively, in the last 24 hours.

The world's biggest cryptocurrency was able to retain prices above the $19,000 price level Monday, while Ether consolidated above the $1,300 level.

On the other hand, the trading volume of BTC surged 67.97% in the last 24 hours, while that of ETH was up 66.76%, indicating a huge market sell-off.

BTC and ETH tokens were priced at $19,057 and $1,278, respectively, as of 12.22 a.m. ET, according to data from CoinMarketCap. The crypto fear and greed index was in the "extreme fear" zone as its value rose to 24.

BTC was down 2.62% in the last seven days, while ETH's price slipped 3.64%.

Every other coin in the top 10 of the crypto market showed bearish movement, as Binance Coin (BNB) was down 2.90% to $270.02, Solana (SOL) was down 5.18% to $31.37, Cardano (ADA) was down 6.51% to $0.3963, Dogecoin (DOGE) was down 5.27% to $0.05897 and Ripple (XRP) was down 7.29% to $0.4942.

The top losers in the crypto market were Shiba Inu (SHIB), which was down 7.74% to $0.00001017; Ethereum Classic (ETC), which slipped 10.96% to $24.02; Near Protocol (NEAR), which was down 9.57% to $3.18 and Chiliz (CHZ), which dropped 13.37% to $0.1866.

The top gainers included Holo (HOT), which was up 0.58% to $0.00203; Convex Finance (CVX), which was up 1.77% to $5.54; TerraClassicUSD (USTC), which was up 47.52% to $0.04921 and Maker (MKR), which was up 4.49% to $952.36.

Other major tokens were bearish as of 12.24 a.m. ET with Polygon (MATIC) down 3.10% to $0.8057 and Polkadot (DOT) down 4.10% to $6.20.