BNB, XRP, Toncoin, Avalanche, and Chainlink recorded gains, trading up to 2% higher. Conversely, Solana, Dogecoin, Cardano, Shiba Inu, and Uniswap saw losses, trading down by up to 2%.
However, the global cryptocurrency market cap surged marginally by 0.3% to around $2.39 trillion in the last 24 hours.
Bitcoin was up 0.1% at $65,512 as of 11:59 a.m. IST, while Ethereum was above the $3,550 level.
«Bitcoin has been consolidating above the $65,000 mark over the past 24 hours. The $65,500 level is now critical, as bears are actively defending this zone. If BTC can surpass this level, we could witness an uptrend. A decisive move above the $66,000 resistance might trigger a steady increase, pushing the price higher» said Edul Patel, CEO of Mudrex.
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View Details»Meanwhile, Subburaj, CEO of Giottus, said, «Among altcoins, recovery signs are emerging. Ethereum is holding around $3,550, buoyed by news of US SEC closing its investigation on the asset. BNB is close to reclaiming $600 while Solana is fighting to stay above $130.»
The volume of all stablecoins