Market·1 min read

Bitcoin Dips at $58,638 — Morning Market Wrap Jul 01

BTC down 1.3% to $58,638. ETH at $1,575 (-1.0%). Market sentiment: Extreme Fear.

Market Overview

Crypto markets on July 01, 2026: Bitcoin is dipping as traders assess the landscape.

Price Action

AssetPrice24h Change
Bitcoin (BTC)$58,638.00-1.34%
Ethereum (ETH)$1,574.88-0.98%

Market Sentiment

The Fear & Greed Index reads 11 (Extreme Fear), signaling extreme fear in the market. Contrarian buyers often see this as an opportunity.


Trending Coins

The most searched cryptocurrencies in the last 24 hours according to CoinGecko:

#CoinRank
1BASED (Based)#642
2ANSEM (The Black Bull)#414
3DYDX (dYdX)#190
4BTC (Bitcoin)#1
5CAP (Cap)#509

What to Watch

The market is consolidating — a breakout in either direction could define the next trend.

Data sourced from CoinGecko and on-chain metrics. Updated July 01, 2026 at 08:03 UTC.

Tags

bitcoinethereummarketsentiment