How to Get Current Custom Post Type Selected Taxonomy Term (Not All Terms)

There are several ways to achieve this.

Using get_the_terms:

$args = array( 'post_type' => 'movies', 'posts_per_page' => 10 );
$loop = new WP_Query( $args );
while ( $loop->have_posts() ) : $loop->the_post(); ?>
    <?php
    the_title();

    $terms = get_the_terms( get_the_ID(), 'genre' );
    if ( is_array( $terms ) ) {
        //Manipulate array of WP_Term objects
    }
    ?>
    <div class="entry-content">
    <?php the_content(); ?>
    </div>
<?php endwhile; ?>

using get_the_term_list:

$args = array( 'post_type' => 'movies', 'posts_per_page' => 10 );
$loop = new WP_Query( $args );
while ( $loop->have_posts() ) : $loop->the_post(); ?>
    <?php
    the_title();

    echo get_the_term_list( get_the_ID(), 'genre' );
    ?>
    <div class="entry-content">
        <?php the_content(); ?>
    </div>
<?php endwhile; ?>