Top 10 Cryptocurrencies Bearish Except One | $HEX Remains Bearish
(Photo : Screenshot From Pexels Official Website) Top 10 Cryptocurrencies Bearish Except One | $HEX Remains Bearish

Top 10 cryptocurrencies are now bearish all except one! Well, to be completely fair, there are two currencies that have still shown decimal gains during the past 24 hours but in the course of a 30 day percentage, they still come up short.

Elon Musk $BTC Price Moves

In recent news, Bitcoin has once again gone slightly bullish after Elon Musk announced that Tesla will be accepting $BTC payments when miners can finally achieve 50% green mining in a report by The Wall Street Journal. This means mining on sustainable energy. 

Elon Musk's tweets have closely affected the prices of Bitcoin and Dogecoin in the past and although they are still affecting the prices of $BTC and $DOGE now, they aren't as drastic as before. The whole fiasco with $DOGE has slowly mellowed down and now new traders are looking once again to Bitcoin as a viable investment.

Read Also: China Cryptocurrency Crackdown on 1,100 'Money Laundering' Crypto Farmers Receiving 1.5-5% Commissions

Top 10 Cryptocurrency Performance

Could the alt season have passed? Bitcoin is slowly seeing more movement as other alt coins seem to be coming up with huge losses. According to the top 10 cryptocurrency 30 day percentage change, $BTC went bearish by just 12.1 percent while the largest negative change was $DOT falling by 41.7%.

The post was shared by WhaleBotsAlerts on Telegram and it showed the movement of the top 10 cryptocurrencies in three different timelines. The account shared the percentage change of the coins during the past 24 hours, 7 days, and 30 days for good measurement.

Here's the breakdown of how they performed:

1. $BTC

Price: $40,257

24 hour percentage change: -0.6%

7 day percentage change: 20.1%

30 day percentage change: -12.1%

2. $ETH

Price: $2,553

24 hour percentage change: -1.0%

7 day percentage change: 1.4%

30 day percentage change: -27.6%

3. $USDT

Price: $1.00

24 hour percentage change: 0.3%

7 day percentage change: -0.1%

30 day percentage change: -0.3%

4. $BNB

Price: $367.97

24 hour percentage change: -0.5%

7 day percentage change: 3.9%

30 day percentage change: -33.5%

5. $ADA

Price: $1.56

24 hour percentage change: -0.8%

7 day percentage change: -1.7%

30 day percentage change: -29.7%

6. $DOGE

Price: $0.32

24 hour percentage change: -2.0%

7 day percentage change: -2.2%

30 day percentage change: -37.0%

7. $XRP

Price: $0.87

24 hour percentage change: -2.3%

7 day percentage change: -0.8%

30 day percentage change: -39.0%

8. $HEX

Price: $0.09

24 hour percentage change: -3.2%

7 day percentage change: 52.6%

30 day percentage change: 69.3%

9. $USDC

Price: $1.0

24 hour percentage change: 0.1%

7 day percentage change: -0.0%

30 day percentage change: -0.2%

10. $DOT

Price: $24.04

24 hour percentage change: -6.9%

7 day percentage change: 10.5%

30 day percentage change: -41.7%

Basically, $HEX is up while every other cryptocurrency seems to be down. As seen on the WhaleBot Alert group on Telegram, most of the notable movement is made on $Tron, $BTC, and $HEX. As of the moment, the market cycle dictates that cryptocurrency is within the FEAR stage of the market.

It hasn't yet plateued yet and large whales haven't started buying massive amounts of $BTC or other alt coins. Once past the FEAR period, the market will start again from the bottom. Once more and more traders buy, cryptocurrency will reach the GREED period. Once this period is reached, prices will start going up again!

Related Article: Crypto Whales Exit as 395,903 $ETH Leave Coinbase

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Written by Urian B.

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