Daily Market Watch: Bitcoin & Ethereum Starts Recovery Others Are Following Them

According to CoinMarketcaps data, overall, cryptocurrencies show gains today, including Bitcoin. However, the overall volume of the crypto market during the last 24 hours was $182.58 billion, which makes a 21.27% decrease, while the global crypto market is now seeing a 7% increase over the previous day to under the $1 trillion mark at $886.74 billion.

Bitcoin (BTC), the largest cryptocurrency with a market cap of $331.55 billion, with +1.84% over the last 24 hours, is currently trading at $17,397.06 Per (BTC / USD). 24-hour trading volume is $ $128.19 billion, with a 20.52% decrease. The coin’s value has increased by 2.18% in the last 24 hours and decreased by 15% over the previous seven days. The currency dipped below its Key RSI level of $20,000 to $16,000.

Source: Tradingview

Ethereum (ETH), the second largest cryptocurrency with a market cap of $142.93 billion, is currently trading at $1,259.41 per (ETH / USD). 24-hour trading volume is $49,58 billion, with a 28.42% decrease. The coin’s value has increased by 7.31% in the last 24 hours and decreased by 18.48% over the previous seven days. The currency dipped below its Key RSI level of $1500 to $12,00.

Source: Tradingview

Related Reading | Galaxy Partners With TradFi Giant To Launch Bitcoin ETF In Brazil

By Coinmarketcap statistics, Dogecoin (DOGE) is trading at $0.08667 with a gain of 3% over the last 24 hours, Cardano (ADA) is selling at $0.36437 with a growth of 3.2% over the same period, and BNB, which is presently at $298.72 and is up by 2%. 

Top on the list is FTX’s token FTT, which is now trading at $4.18 and suddenly collapsed from $22.14 to $3 and has a loss of 8% and a weekly loss of 85.64%, as well as Solana (SOL), which is down by 45% in the weekly chart and is up by 8% over the same period and is currently trading at $16.41. Litecoin (LTC) and Chainlink (LINK) are gaining about 7% of their values.

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