The cryptocurrency market is witnessing neutral price action, indicating stabilization after recent fluctuations. Ethereum and Bitcoin were in the spotlight.
Ethereum Shows Hope for Growth
Ethereum (ETH) recorded a 2% increase, leading to a retest of the significant resistance level at $2500. The market capitalization of ETH stands at $295.27 billion, with a market share of 8.9658%. Trading volume over the last 24 hours increased by 13%, indicating sustained interest among traders.
Bitcoin Demonstrates Consolidation
Bitcoin (BTC) traded within a range between $106,750 and $108,250, showcasing price consolidation. The current market price is $107,409 with a daily trading volume of $46.82 billion, increasing its market dominance to 65.1148%.
Trending Cryptos Overview
Today's popular cryptocurrencies include:
* Biswap (BSW) * Ethereum (ETH) * Stella (ALPHA) * Movement (MOVE) * Wormhole (W)
Notable top gainers include DeXe (DEXE) +6.17% and Bitget Token (BGB) +2.56%, while top losers are Pi (PI) -14.78% and Curve Dao Token (CRV) -11.04%.
The cryptocurrency market shows significant stability following active price movements. Analyzing current trends and sentiments provides insights for future asset behavior.
