KEY POINTS

  • The best performers were HT, XLM and EOS
  • The worst performers were LUNA, USTC, SNX and KAVA
  • In the last seven days, BTC dropped 6.64%, while ETH's price dropped 16.43%

The crypto market opened on a tad bearish note Wednesday with leading cryptocurrencies Bitcoin (BTC) and Ether (ETH) below the $20,000 and $1,400 price levels, respectively.

In the last 24 hours, the tokens bled 1.90% and 1.24%, respectively. According to data from CoinMarketCap, the price of BTC and ETH tokens as of 12.01 a.m. ET was $19,014 and $1,338, respectively. The trading volume of the world's biggest cryptocurrency dropped 8.32% in the last 24 hours, while that of ETH dropped 16.96%, confirming that the investors are backing out from investment in crypto.

Data from Alternative.me showed the crypto market sentiment was "extreme fear" and the value of the Fear and Greed Index was 23. Moreover, in the last seven days, BTC dropped 6.64%, while ETH's price dropped 16.43%.

The other top 10 cryptocurrencies showed mixed price movements, with Solana (SOL) down 1.79% to $31.83; Binance Coin (BNB) up 0.83% to $267.18; Cardano (ADA) up 1.75% to $0.4562; Dogecoin (DOGE) up 1.14% to $0.05923; and Ripple (XRP) up 8.53% to $0.4041.

The best performers in the crypto market were Stellar (XLM), which was up 4.07% to $0.1159; EOS (EOS), which was up 5.07% to $1.34; and Huobi Token (HT), which was up 2.37% to $4.58.

The top losers in the crypto market included Terra (LUNA), which was down 4.44% to $2.72; TerraClassicUSD (USTC), which was down 4.73% to $0.033482; Kava (KAVA), which was down 3.55% to $1.49; and Synthetix (SNX), which was down 6.64% to $2.33.

Other major tokens in the crypto market were also a tad bullish with Pancakeswap (CAKE) up 1.46% to $4.38, Klaytn (KLAY) up 1.61% to $0.1996; and Helium (HNT) up 1.50% to $4.76.

Crypto winter has arrived
crypto winter Marco Verch Professional Photographer / flickr.com