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Toncoin, and Solana were trading with gains, while XRP, BNB, Cardano, Dogecoin, and Litecoin were trading with cuts. Bitcoin (BTC) rose 0.7% to $26,419, whereas Ethereum (ETH) was above the 1,600 level. Meanwhile, the global cryptocurrency market cap was trading higher, around $1.06 trillion, rising 0.6% in the last 24 hours. BTC has managed to maintain its position above the $26,000 level, even as the S&P 500 experienced a significant drop to a three-month low and the US dollar index (DXY) reached a new year-to-date high. This relatively stable performance is viewed as a positive sign, indicating a lack of aggressive selling at lower price levels, said ZebPay Trade Desk. In today's trade, Solana, Toncoin, and Ethereum rose up to 3%, while XRP, Litecoin, and Cardano declined up to 1%.

cryptocurrency markets were majorly trading lower on Tuesday ahead of the US Federal Reserve's monetary policy decision tomorrow. Bitcoin (BTC) fell 2.24% to $29,120, whereas Ethereum (ETH) was just above the 1,850 level. BTC volume stood at approximately $14.6 billion, rising 45.6% in the last 24 hours. «Bitcoin (BTC) volatility has dipped to its lowest level in a year as investors await the Federal Open Market Committee (FOMC) meeting this week. The 30-day estimate for BTC volatility has fallen to just 0.74%, which is the lowest level since January 16, 2023,» said CoinDCX Research Team. «The FOMC is expected to raise interest rates by 25 basis points this week with an expectation that this may be the last rate hike by the Federal Reserve in the foreseeable future,» it said.

cryptocurrency market was trading in the red on Monday. Bitcoin (BTC) fell 0.65% to $30,069, while Ethereum was just above the $1850 level. Meanwhile, BTC volumes in the last 24 hours stood at approximately $8.8 billion, rising 17.78% in the last 24 hours. Bitcoin started the new week trading sideways above the US$30,000 level as the market continued to digest the latest nonfarm payroll report, Edul Patel, Co-founder and CEO at Mudrex, said. «BTC has been trading between the levels of US$30,000 and US$31,400 since the past few days. This suggests both bulls and bears are active in the market and that bulls are continuing to defend the level aggressively,» Edul added.

cryptocurrency markets were trading mixed on Tuesday. XRP, Solana, and Litecoin were trading with gains, while Bitcoin, Ethereum, and BNB were trading with cuts. Bitcoin (BTC) fell 0.71% to $27,805, whereas Ethereum (ETH) was just above the $1,900 level. BTC volume stood at approximately $12.73 billion, falling 20.53% in the last 24 hours. "Bitcoin price started a decent increase above the US$28,000 resistance zone on Monday. However, it has since declined by over 1% and is trading at the US$27,700 level. An upside break above US$28,000 might send the price toward BTC's next resistance at US$28,500. If BTC's price fails to clear the US$28,000 renaissance, it could continue to move downwards towards US$27,580," Edul Patel, Co-founder and CEO at Mudrex, said. The total volume in DeFi is currently $2.24 billion, 8.05% of the total crypto market 24-hour volume. The volume of all stablecoins is now $25.50 billion, which is 91.76% of the total crypto market 24-hour volume.

cryptocurrency markets were trading in the red on Thursday amid concerns over US debt ceiling talks as a critical deadline nears without an agreement. Bitcoin (BTC) fell 1.88% to $26,241, whereas Ethereum (ETH) was below the $1,800 level. BTC volume in the last 24 hours stood at approximately $16.19 billion, rising 30.23% in the last 24 hours. «Most cryptocurrencies traded in red as investors worried over rising concerns over the U.K. inflation on one side and the U.S. debt ceiling stalemate developments on the other. The release of the most recent FOMC minutes later in the day, showing U.S. central bankers divided on a continuation of interest rate hikes, did little to boost market confidence,» Edul Patel, Co-founder and CEO at Mudrex, said. Other top crypto tokens were also trading lower on Thursday. Litecoin declined nearly 4%. Cardano, BNB, Polkadot and Shiba Inu were also trading lower. The total volume in DeFi is currently 2.45 billion, 6.88% of the total crypto market 24-hour volume. The volume of all stablecoins is now $33.26 billion, which is 93.22% of the total crypto market 24-hour volume.

Crypto lender Voyager Digital said Wednesday that customers will soon recover about 35% of their cryptocurrency deposits as the company winds down operations after a failed buyout attempt by crypto exchange Binance.US. U.S. Bankruptcy Judge Michael Wiles approved Voyager's liquidation plan at a court hearing in Manhattan, allowing the company to return about $1.33 billion in crypto assets to customers and end its efforts to reorganize under Chapter 11. Customers may be able to make withdrawals by June 1, Voyager's official creditors committee said. Any distribution beyond the initial 35% would depend on the result of future litigation. Voyager filed for bankruptcy protection in July, citing volatility in cryptocurrency markets and a default on a large loan made to crypto hedge fund Three Arrows Capital (3AC).

UK CPI data for March came higher than expected. Bitcoin (BTC) fell 3.64% to $29,020, whereas Ethereum (ETH) declined 5.60% and was below the $2,000 level. «Bitcoin fell below the US$29,000 level in the past 24 hours following the release of higher-than-expected U.K inflation figures, which showed a rise of 10.1% in the 12-month period. This sent BTC to its lowest point since April 10. The next major support now lies at the US$28,500 level,» Edul Patel, Co-founder and CEO at Mudrex, said. «As is typical with unexpected events, the market reacted, causing investors to move away from riskier assets. It may take some time for investors and traders to evaluate the potential impact of the inflation data and recover from the event,» Edul added. Other top crypto tokens were also trading lower. Litecoin declined nearly 10%. Meanwhile, BNB, XRP, Polygon and Polkadot traded with cuts. The global cryptocurrency market cap was trading lower around $1.22 trillion, falling 3.92% in the last 24 hours.

cryptocurrency markets were trading mixed on Tuesday. Bitcoin, Ethereum, and BNB were trading with cuts, while Dogecoin, Shiba Inu and Litecoin were trading with gains. Bitcoin (BTC) fell 1.39% to $29,587, while Ethereum (ETH) was below the $2,100 level. BTC volume stood at approximately $16.81 billion, rising 14.1% in the last 24 hours. «After a week of crossing the $30k mark, Bitcoin has dipped below the threshold amidst the abating banking crisis, rising treasury yields, and the shift of investors’ sentiment towards ‘risk-off’ assets. Dipping ~2% in the last 24 hours, BTC is trading in the $29.5k zone. Post the Shapella upgrade, ETH continues to trade above the $2k mark,» Parth Chaturvedi, Crypto Ecosystem Lead at CoinSwitch, said. The total volume in DeFi stood at 4.32 billion, 9.83% of the total crypto market 24-hour volume. The volume of all stablecoins was at $39.45 billion, 89.67% of the total crypto market 24-hour volume.

cryptocurrency markets were trading higher on Tuesday with an increase of over 4% in the crypto market cap in the last 24 hours. Bitcoin (BTC) rose 6.47% to $30,106, whereas Ethereum (ETH) was above the $1,900 level. BTC volume stood at approximately $23.35 billion, rising 87.02% in the last 24 hours. «Bitcoin has reached a level above US$30,000, which it last saw in June of last year. This rise can be attributed to investor optimism towards this week's U.S inflation data, which could potentially impact the Federal Reserve's monetary policy trajectory,» Edul Patel, Co-founder and CEO at Mudrex, said. «BTC has increased by 6% and is now facing fresh resistance at the US$30,500 level. In the event that BTC fails to overcome this resistance, the next support level would be at US$29,200,» Edul added. Other top crypto tokens were also trading higher. Solana jumped nearly 10%. BNB, XRP, Litecoin and Cardano also traded with gains. The global cryptocurrency market cap was trading higher around $1.23 trillion, rising 4.17% in the last 24 hours.

cryptocurrency markets were trading higher on Monday. Bitcoin (BTC) rose 1.37% to $28,300, whereas Ethereum (ETH) was above the $1,850 level. BTC volume in the last 24 hours stood at approximately $12.43 billion, rising 30.14% in the last 24 hours. «Most cryptocurrencies rose over the weekend as markets reacted to the non-farm payrolls report, which showed that 236,000 jobs were added to the U.S. economy last month. Bitcoin was back above the US$28,000 level,» Edul Patel, Co-founder and CEO at Mudrex, said. «BTC's support now lies at US$27,900, while the resistance lies at US$29,200. On the other hand, Ethereum is attempting to move towards the US$1,900 level and is currently trading flat at the US$1,850 level ahead of the Shanghai update scheduled for April 12th,» Edul added. Other top crypto tokens were also trading higher. BNB, Dogecoin, Solana and Shiba Inu rose up to 2%. The global cryptocurrency market cap was trading higher around $1.18 trillion, rising 0.85% in the last 24 hours.

cryptocurrency markets were trading in the red on Monday. Bitcoin (BTC) fell 2.62% to $27,706, whereas Ethereum (ETH) was below the $1,800 level. BTC volume stood at approximately $13.60 billion, rising 28.72% in the last 24 hours. «Bitcoin has traded below the US$28,000 zone in the past 24 hours as investors await fresh productivity and jobs data in the US this week. The immediate support lies at the US$27,500 level, while the resistance is at the US$28,100 zone and the trendline,» Edul Patel, Co-founder and CEO at Mudrex, said. Other top crypto tokens were also trading lower. Dogecoin declined over 7%. Shiba Inu, Solana and BNB were also trading lower. The global cryptocurrency market cap was trading lower around $1.16 trillion, falling 2.27% in the last 24 hours. The total volume in DeFi is currently 3.62 billion, 10.61% of the total crypto market 24-hour volume. The volume of all stablecoins is now $29.78 billion, which is 87.42% of the total crypto market 24-hour volume.

cryptocurrency markets were trading higher on Wednesday with a 3.7% increase in the global crypto market cap. Bitcoin (BTC) rose 3.86% to $28,101, while Ethereum (ETH) was above the $1,800 level. BTC volume stood at approximately $19.07 billion, rising 2.97% in the last 24 hours. «Most cryptocurrencies rose in the past 24 hours following improved US Consumer Confidence in March. Bitcoin regained its position above the US$28,000 level. BTC has the potential to recover the US$30,000 level it lost during the June 2022 bear market. If BTC continues to stay above US$27,000 and attempts to take by storm the US$28,600, we might see it growing upward,» Edul Patel, Co-founder and CEO at Mudrex, said. Other top crypto tokens were also trading higher. XRP zoomed nearly 12%. Cardano, Polygon and Litecoin were also trading with gains. The global cryptocurrency market cap was trading lower around $1.18 trillion, rising 3.73% in the last 24 hours.

cryptocurrency markets were trading in the red on Tuesday. Bitcoin (BTC) fell 2.66% to $27,048, whereas Ethereum (ETH) was below the $1,750 level. BTC volume in the last 24 hours stood at approximately $18.55 billion, rising 26.88%. «The crypto market is feeling the pressure of CFTC action against Binance as BTC price has slipped around the $27,000 level which is a drop of nearly 3% in the last 24 hours. We can expect the market to remain choppy in the coming weeks owing to the latest developments,» Shivam Thakral, CEO of BuyUcoin, said. Other top crypto tokens were also trading lower. BNB declined over 5%. Dogecoin, Polygon and Litecoin were also trading with cuts. The global cryptocurrency market cap was trading lower around $1.13 trillion, falling 1.96% in the last 24 hours.

cryptocurrency markets were trading mixed on Monday. Bitcoin, Tron and BNB were trading with gains, while Ethereum, Cardano and Litecoin were trading with cuts. Bitcoin (BTC) surged 1.16% to $27,832, whereas Ethereum (ETH) was below the $1,750 level. BTC volume in the last 24 hours stood at approximately $14.36 billion, rising 10.14% in the last 24 hours. «Bitcoin started the new week by consolidating above the US$27,000 support level. BTC started a downside correction after it failed to clear the US$28,000 resistance zone last week. However, bulls seem to be active near the US$27,000 support,» Edul Patel, Co-founder and CEO at Mudrex, said. «BTC’s immediate resistance now lies at the US$28,150 level. A close above this level may start another major increase. Meanwhile, on the other hand, Ethereum also continued to trade above the US$1,700 level,» he added.

cryptocurrency markets were trading higher on Friday. Bitcoin (BTC) rose 2.21% to $28,262, whereas Ethereum (ETH) was above the $1,800 level. BTC volume in the last 24 hours stood at approximately $22.93 billion, falling 29.05% in the last 24 hours. «The crypto market reacted sharply to the interest rate hike announced by Fed in its latest FOMC meeting. Bitcoin was poised to test the $30,000 level but lost steam after Fed continued its hawkish stance to tame soaring inflation. Bitcoin recovered from the Fed shock today and is back above the $28,000 level, while Ethereum and other digital assets showed a similar upward trend,» Dhruvil Shah, SVP of Technology at Liminal, said. Other top crypto tokens were also trading higher on Friday. Litecoin surged over 8%. Dogecoin, XRP and Tron were also trading with gains. The global cryptocurrency market cap was trading higher around $1.18 trillion, rising 2.24% in the last 24 hours. The total volume in DeFi is currently 4.31 billion, 7.94% of the total crypto market 24-hour volume. The volume of all stablecoins is now $49.85 billion, which is 91.78% of the total crypto market 24-hour volume.

cryptocurrency markets were trading in the red on Thursday after the Federal Reserve unveiled a ninth straight interest rate hike. Bitcoin (BTC) fell 1.88% to $27,698, whereas Ethereum (ETH) was below the $1,800 level. BTC volume in the last 24 hours stood at approximately $32.36 billion, down 6.07%. «The 25 basis point anticipated interest rate hike and the associated hawkish messaging from the US Fed created volatility in crypto markets with Bitcoin (BTC) dropping 3% overnight,» Vikram Subburaj, CEO of Giottus Crypto Platform, said. «BTC enjoys good short-term support at $26,500-$26,900 levels and a strong base at $25,300. If BTC holds any of these levels in the next week, the rally can potentially continue as the rate-hike ripple settles down,» Subburaj added.

Silicon Valley Bank on 10th March 2023, Bitcoin prices have zoomed nearly 40%. «The current BTC rally is driven by the importance of decentralised finance in the global financial system after a series of bank collapses in the US. Bitcoin being the torch bearer of decentralised finance is witnessing a demand from retail and institutional investors amidst the banking chaos as BTC is being deployed as a shield against the ongoing crisis,» Dhruvil Shah, SVP of technology at Liminal, said. Meanwhile, Edul Patel, CEO and Co-Founder of Mudrex, said, «The collapse of SVB and Silvergate was like a Cyprus moment for crypto. As these crypto-friendly banks collapsed, much money flowed directly into the cryptocurrency ecosystem. And a chunk of the smart money usually flows into blue-chip cryptocurrencies, such as Bitcoin and Ethereum.» «With instability in the banking sector, inflation data that exceeded expectations, and renewed optimism about a dovish Federal Reserve, Bitcoin has reached levels unseen in approximately nine months,» Edul added.

cryptocurrency markets were trading higher in Friday's trade with crypto heavyweights like BTC and ETH leading the rally. Bitcoin (BTC) rose 5.45% to $25,906, whereas Ethereum (ETH) was above the $1,700 level. «Bitcoin is inching closer towards the $26,000 mark. Following the Arbitrum Airdrop announcement that came out yesterday evening, the sentiments across the crypto market took a positive turn. It is one of the biggest and most awaited events since the past several months,» Edul Patel, Co-founder and CEO at Mudrex, said. Other top crypto tokens were also trading higher. BNB and Polygon surged over 4%. Dogecoin, Solana and Shiba Inu were also trading with gains. Meanwhile, the global cryptocurrency market cap was trading higher around $1.11 trillion, rising 3.85% in the last 24 hours. The total volume in DeFi is currently 5.31 billion, 7.97% of the total crypto market 24-hour volume. The volume of all stablecoins stood at $63.35 billion, which is 94.99% of the total crypto market 24-hour volume.

Major cryptocurrencies were trading in the green early on November 24 as the global crypto market cap increased 1.97 percent to $837.27 billion, over the last day. On the other hand, the total crypto market volume dropped 4.17 percent to $61.23 billion over the last 24 hours.

Major cryptocurrencies were trading in the green early on October 18 as the global crypto market cap increased by 1.71 percent to $934.94 billion over the last day. The total crypto market volume over the last 24 hours was at $50.38 billion, an increase of 31.09 percent.

Major cryptocurrencies traded in the red early on August 5 as the global crypto market cap dropped by 1.32 per cent to $1.07 trillion over the last day. The total crypto market volume declined 8.68 per cent to $60.91 billion over the last 24 hours.