​​ Market Overview Crypto traders were greeted by green mark | Crypto World Tina™

​​ Market Overview

Crypto traders were greeted by green markets as the majority of altcoins saw their prices bounce back following last week's downturn that was the “largest deleveraging event since the March 2020 sell-off,” according to an on-chain report from Glassnode. After suffering the biggest monthly price drop in Bitcoin history, bulls now look to stage a comeback with a significant amount of support forming near the $37,000 level, and within the last hour, Bitcoin's price pushed up back to the $40,000 level.

The entire Top 10 is traded in the green zone. Binance Coin +23.8%, Ethereum +21.1%, Ripple +20.8%.

Market capitalization: $1.69T (+12.3%)
The BTC dominance: 42.57% (-2.97%)
Fear & Greed Index: 22 (Extreme Fear)