On March 28, Bitcoin fell below $87,000, and the global crypto market cap dropped to $2.86 trillion. Major altcoins like Ethereum and Ripple saw declines, while Cronos emerged as the top gainer with a 10% increase. Market sentiments point towards volatility influenced by economic data and technical indicators.

On March 28, the global cryptocurrency market experienced a decline, with the total market capitalization dropping to $2.86 trillion. Bitcoin (BTC) fell below the $87,000 mark, alongside other major cryptocurrencies such as Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC), which all registered losses amid market fears reflected in a Fear & Greed Index score of 33. Conversely, Cronos (CRO) emerged as the leading performer, appreciating by almost 10 percent.

In summary, the cryptocurrency market on March 28 reflected a downturn for Bitcoin and other major altcoins, while Cronos showed significant gains. Influential insights from industry leaders suggest potential volatility driven by macroeconomic data and technical trends. Keeping an eye on Bitcoin’s resistance levels and upcoming Ethereum upgrades may provide further direction for investors in this dynamic environment.

Original Source: news.abplive.com

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