Urgent: Cryptocurrencies are expanding their gains..but caution is in place

Cryptocurrencies consolidated their gains in the past 24 hours, and Bitcoin succeeded in confirming that it crossed the levels of 40 thousand dollars again after falling near the levels of 38 thousand dollars.

However, fear of a new price reversal continues to influence the cryptocurrency market according to the data of the Crypto Fear&Greed Index.

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Fear exists
The data of the Crypto Fear&Greed Index, which measures the psychology of traders and risk appetite in the cryptocurrency market, stabilized at Tuesday's levels.

The Fear and Greed Index did not leave the fear zone, holding the 27 points it reached after indulging in intense fear the day before yesterday after the fall of Bitcoin and cryptocurrencies.

Urgent: Coin did not succumb to the currency master

market now
Away from the anticipation that prevails among dealers in risky assets, the crypto market managed to move once again towards the trillion dollar levels.

Cryptocurrencies added nearly $50 billion new to market capitalization, reaching levels near $130 billion, up from $1,880 billion.

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Bitcoin
And within 24 hours, Bitcoin did not record a drop below the levels of 40 thousand dollars, as it fluctuates between the levels of 40.6 thousand dollars and the levels of 41.6 thousand dollars.

Bitcoin is now rising in the range of 2%, while it expanded its gains within a week to 3%, and it is trading during these moments near the levels of 41.3 thousand dollars, with a market value of 790 billion dollars.

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Altcoins
Ethereum (ETH/USD) continued to extend its gains similar to Bitcoin to consolidate at the levels of 3 thousand dollars, reaching the levels of 3.1 thousand dollars, up around 2%, with a market capitalization of 373 billion dollars.

On the other hand, a state of fluctuation prevails in the transactions of Ripple XRP and Binance Coin BNB/USD, while Solana rises within 6% at levels of 107 dollars.

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While LUNAt/USD is rising by more than 6% at levels of $95, as well as Cardano, which is rising around 2%.

Avalanche Cardano, DOGE/USD, Polkadot and SHIB/USD are up 2% to 5%.

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An article that does not express a recommendation or nomination, but merely a monitoring of market fluctuations, as trading in digital currencies involves high risks, including the risk of losing some or all of the investment amount, knowing that it is not completely subject to financial authorities and markets.