Crypto Price Today: Bitcoin holds near $24,500; Solana jumps over 12%

economictimes.indiatimes.com:

cryptocurrency markets were trading mixed on Monday. Bitcoin, Ethereum, and XRP were trading with cuts, while Solana, Shiba Inu, and Cardano were trading with gains. Bitcoin (BTC) fell 0.69% to $24,497, whereas Ethereum (ETH) was just below the $1,700 level. BTC volume in the last 24 hours stood at approximately $28.58 billion, rising 50.22% in the last 24 hours. «It’s a great start for the week as Bitcoin is ready to test the crucial $25,000 mark. If Bitcoin finds strong support at the $24,000 level then it will provide much-needed momentum for BTC to test $30,000 in near future,» Shivam Thakral, CEO of BuyUcoin said. The global cryptocurrency market cap was trading lower around $1.12 trillion, falling 0.11% in the last 24 hours.

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The total volume in DeFi is currently $7.58 billion, 12.03% of the total crypto market 24-hour volume. The volume of all stablecoins is now $55.82 billion, which is 88.56% of the total crypto market 24-hour volume. The m-cap of Bitcoin, the world's largest cryptocurrency, was around $472.22 billion, with a dominance of about 42.22%, a decrease of 0.27% over the day, according to CoinMarketCap. «Major market indicators continue to point to a neutral sentiment. The Relative Strength Index (14), one of the key indicators, sits at 63.17, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) is at 78.63 and 38.84, respectively, further