Today’s market session kicked off on a bullish santiment as the global market cap recorded a 2.1% gain within a day of trading, taking the total cap to $1.19T as of press time. Bitcoin (BTC), the crypto king, has a bullish start today as the asset still hovers around the $30K level as of today’s market session.
Trading at $30.6, BTC saw a 1.4% increase within a day of trading as the asset’s weekly gain stands at 1.9%. Bitcoin’s volatility levels are still high as the Bollinger bands continue moving away from each other, indicating rising volatility.
The relative strength indicator is still moving above its average line, indicating bullish dominance on Bitcoin as bulls push back for the overbought region. The MACD indicator is also still moving above the average line as the asset’s bears now look to take control of the network.
Altcoin analysis
Ethereum (ETH) is also facing a good session as the asset now trades at $1878, representing a gain of 2.1% within 24 hours of trading as the market cap, currently at $225,815,058,895, also recorded a 2.1% increase within the same period as the trading volume also rose by 15% to take it to $7B.
BNB is, however, continuing its recovery run from its recent dip as the asset now boasts a 1.8% gain within a day of trading to take its price to $236 as the weekly loss in valuation dropped to 2.9%. BNB’s current trading volume has seen an 11% decrease within the same period, taking it to $413M as of press time.
Other altcoins are also having a rather much fruitful session, with Polygon (MATIC) standing as one of the few gainers, recording a 4% gain within 24 hours as others such as Ripple (XRP), Cardano (ADA), Dogecoin (DOGE) and Solana (SOL), sat on gains of 2%, 4%, 3.4% and 15% respectively as bulls dominate today’s markets.
Verge continues to dominate with massive rallies for a second day as it remains among the trending tokens to take its price to $0.003159 as the 24-hour gain now stands at 38% as the trading volume stands at 116.74M with a market cap of 52.18M.
Other notable gainers in today’s session are Aave (AAVE), which gained 8.8% within a day of trading to take its price to $65.16, as the weekly gain stood at 16.24%. Aave’s trading volume has seen a 216% rise within the same period, taking it to $202M.
