Today's market session has commenced with bullish activity, evident from the rising global market cap by 1.4% over the last 24 hours to reach $2.68T and a 3% increase in trading volume to $68.3B as of press time.

Bitcoin Price Update

Bitcoin (BTC) continues to face consolidation with its drop below $70K once again. The Bitcoin price appears to be following a downward trend as it moves along the lower band of the Bollinger Bands, indicating a bearish sentiment. The Relative Strength Index (RSI) is currently around 46, below the midpoint of 50 but not in the oversold region. This suggests a possible bearish momentum without being excessive. The Bitcoin price was at $69,590 as of press time, showing a 0.95% drop from its previous 24-hour price.

Ethereum Price Update

Although the market sentiment is generally bullish, Ethereum (ETH) failed to record gains in today's session. The Ethereum price is currently above the Ichimoku Cloud, signaling a bullish trend. The MACD line is above the signal line but appears to be converging, indicating a potential weakening of bullish momentum. Ethereum's price stood at $3,547 as of press time, with a 2.19% decrease from the previous 24-hour price.

Core DAO Price Update

Core DAO (DAO) emerged as today's top gainer, experiencing significant gains. The Core DAO price is in a strong uptrend, well above the Alligator’s jaws, illustrating strong bullish momentum. The Woodies CCI is also above the zero line, further confirming the upward price movement. The Core DAO price was at $2.81 as of press time, marking a 67.9% increase from its previous 24-hour price.

Jupiter Price Update

Jupiter (JUP) stands as the second top gainer of the day, with notable gains. Jupiter's price is above the Supertrend line, indicating a bullish trend. The Awesome Oscillator (AO) shows increasing green bars, suggesting growing bullish momentum. Jupiter's price was $1.82 as of press time, showing a 21.4% increase from the previous 24-hour price.

Bitcoin Cash Price Update

Bitcoin Cash (BCH) emerged as the third top gainer of the day, posting significant gains. The Bitcoin Cash price action is within the upper half of the pitchfork, indicating a positive trend. However, the Money Flow Index (MFI) is quite high around 79, near the overbought region, suggesting a potential pullback if Bitcoin Cash is perceived as overvalued. Bitcoin Cash's price was $688.70 as of press time, showing a 16.3% increase from the previous 24-hour price.