Bitcoin Price is trading at $83008, as it continues to trade in the range between $82k to $85k for the week. Today also BTC tested the support of $82k as the price dipped to $81762 but bounced back right up afterwards.
Bitcoin has managed to gain 1.15% but its trading volume has dropped by 45%, which shows that bulls are not completely in charge and price can still fall back.
Following Bitcoin’s suit Ethereum also tested its support of $1,800. ETH trading volume has dropped by at least 25%, indicating that the bounce back is not strong enough to keep the price above and we may test the support again in a few days.
As we move further down the list, XRP has gained 4.67% on the day. At press time it was trading at a price of $2.16. With a market cap of 125.9B and trading volume of $3.22B XRP has shown the best bounce back of the three.
Other major altcoins from the top 10 list are moving sideways as they had little to no significant change in price. ADA leads among them with 1.5% rise and BNB follows it with 0.85%. DOGE and SOL are up only 0.27 and 0.04%, which is a highly negligible movement. TRX on other hand is the only negative of the list with 1% drop.
Moving on to today’s gainer, EOS is leading the table with 6.49%, and CRONOS closely behind it with 5.36%, at the press time.
In the Top losers’ list Aave is first with a price drop of 5.07% followed by Makers MKR and Pepe coin, with 4.89 and 4.10% drops respectively.
As per Coinmarketcap data, the global crypto market cap today sits at $2.96 trillion with a 24 hour trading volume of $53.47 billion.