Crypto Price Today: Bitcoin rise above $26,700; Solana, Polygon surge up to 3%

economictimes.indiatimes.com:

cryptocurrency markets were trading mixed in Tuesday's trade. Bitcoin, Solana, and Polygon were trading with gains, while BNB, XRP, and Cardano were trading with cuts. Bitcoin (BTC) rose 1% to $26,796, whereas Ethereum (ETH) was above the $1,700 level. BTC volume stood at approximately $14.7 billion, rising nearly 57% in the last 24 hours. «Bitcoin’s price consolidated above the US$26,600 level in the past 24 hours. BTC even spiked above the US$27,000 forming a high near the US$27,184 and the price is now correcting gains. However, there is a back of bullish momentum and currently, BTC is trading at the US$26,900 level,» Edul Patel, Co-founder and CEO at Mudrex, said. BTC’s current resistance now lies at the US$27,200 and support at the US$26,700 level, Edul added.

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The global cryptocurrency market cap was trading around $1.07 trillion, rising 0.62% in the last 24 hours. The total volume in DeFi is currently $1.73 billion, 6% of the total crypto market 24-hour volume. The volume of all stablecoins is now $26.96 billion, which is 94% of the total crypto market 24-hour volume. The market cap of Bitcoin, the world's largest cryptocurrency, was around $520 billion. Bitcoin’s dominance stood at 48%, an increase of 0.32% over the day, according to CoinMarketCap. «Bitcoin continues to be resilient near $27,000 while altcoins bleed against it. BTC dominance is closing in on 50% post which it can quickly climb