Crypto Price Today: Bitcoin holds above $26,100; Litecoin, Tron surge up to 3%

economictimes.indiatimes.com:

Litecoin were trading with marginal gains, while Dogecoin, Shiba Inu, and Solana were trading with cuts. Bitcoin (BTC), the world's biggest and best-known cryptocurrency, rose 0.06% to $26,124, whereas Ethereum (ETH) was above the $1,650 level. «The trading price of Bitcoin has been above the $26,000 threshold. The fall from trading above the $29000 level could be because of traders collectively selling tokens due to several unconnected catalysts like a lack of clarity in the Grayscale v/s US SEC case for a Bitcoin ETF, SpaceX writing down the value of their Bitcoin reserves, and China’s Evergrande group filing for bankruptcy,» said Edul Patel, CEO & Co-Founder of Mudrex. The global cryptocurrency market cap was trading flat around $1.06 trillion, rising 0.03% in the last 24 hours.

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The market cap of Bitcoin, the world's largest cryptocurrency, was around $508 billion. BTC volume stood at approximately $9 billion, rising 12.42% in the last 24 hours. Bitcoin’s dominance is currently 48.01%, a decrease of 0.12% over the day, according to CoinMarketCap. «A bearish USD could have helped the movement of BTC/USD. Bitcoin technical parameters are showing bearish sentiment with “Three Black Crows” patterns, oversold RSI and MACD and a significant decline. Immediate resistance is at $26,200, while a break above $26,200 may target $26,800 and above. Conversely, a drop below $25,200 could lead to losses around