Bitcoin (BTC) has a day of decline, but holds on to support at $24,000

Daily summary on Bitcoin, the cryptocurrency market and decentralized finance (Image: Pexels/Karolina Grabowska)

O Bitcoin (BTC) showed drops this Monday (15). The cryptocurrency has a negative daily range of nearly 1% at $24,084.

O Ether (ETH), crypto asset from the network smart contracts Ethereum, shows similar pullbacks to Bitcoin. Its variation on the day is 1.64%. The crypto asset is currently priced at $1,900.

According to data from CoinMarketCap, the market capitalization of the sum of all crypto assets drops 1.10% to $1.15 trillion.

Bitcoin has decreased dominance of Marketplace on top of Ether, and Ether has increased its dominance over the market. The dominance of bitcoin and ether is, respectively, 40.1% and 20.3%.

“Fear & Greed” Index – how is the feeling of fear in the market?

The “Fear & Greed” index, or fear and optimism, seeks to represent these feelings that surround the market. The index scale is from 0 to 100 points, where the closer to zero the fear is extreme, and the closer to 100 the optimism reigns:

Latest Crypto Fear & Greed Index

Today, the index drops 2 points, leaving from 47 to 45. Until yesterday, the index pointed to the “neutral” zone, but currently, the index is in the “fear” zone.

Ethereum (ETH) Onchain Data

Currently, based on the “etherscan.io” network block explorer, the network mining difficulty is 11,991.23 TH.

The network hashrate is 910,587.46 GH/san average fee of 26 Gwei, or US$1.04, and 1,678.35 M (13.7 Transactions per second).

Onchain Data of “Ethereum 2.0”

According to the Beacon Chain block explorer – a proof-of-stake consensus layer chain that will be implemented on Ethereum (ETH) after The Merge – the network has 415,293 active validators, 13,289,264 Ethers in “stake” and an average of 33.74 Ethers per active validator.

The last case of “Slashing” – withdrawing Ethers from the validator as a way to punish malicious activity on the network – occurred 2 hours ago. The validator had 34.2 ETH on its balance.

Decentralized Finance (DeFi)

the sector of decentralized finance (DeFi) suffered falls in the last 24 hours. The total amount locked in DeFi, according to the website Defillama, is US$ 67.83 billion, a negative daily variation of 0.07%.

The protocol that has the most dominance, in terms of TVL, is Maker DAO (MKR), a decentralized lending platform, with a 13.14% DeFi market share and $8.91 billion locked into the protocol for liquidity. A negative 1.10% daily change in your TVL.

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Disclaimer

Money Times publishes informative articles of a journalistic nature. This publication does not constitute an investment recommendation.

Source: Moneytimes

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