Bitcoin falls below $30,100; Litecoin, Solana plunge over 3%

economictimes.indiatimes.com:

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.

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The global cryptocurrency market cap was trading lower, around $1.17 trillion, falling 0.74% in the last 24 hours. The total volume in DeFi is currently 1.79 billion, 7.94% of the total crypto market 24-hour volume. The volume of all stablecoins is now $20.53 billion, which is 90.86% of the total crypto market 24-hour volume. The market cap of Bitcoin, the world's largest cryptocurrency, was around $584 billion. Bitcoin's dominance is currently 49.98%, an increase of 0.11% over the day, according to CoinMarketCap. «Bitcoin has been trading within a range defined by the 20-day exponential moving average ($29,854) and the resistance level at $31,000. This consolidation indicates a sense of uncertainty among both bullish and bearish market