- The overall market conditions have taken a sharp negative dip as BTC plunges below $18K and Ethereum below $600
- The global market capitalization has reached $521.51B, resulting in a decline of -8.81% over the day
- The 24-hour volume traded of the market is $250.38B resulting in a decline of -5.27%
- The dominance of the crypto king is at 63.11% resulting in an increase of 1.64% over the day
BTC/USD
It looks like the all-time high of the world’s largest crypto asset is acting as a new resistance level as the price levels faced an overall loss of -7.00%. The CMP is now placed at $17580.87, breaking below the major support level of $18600. The market capitalization has reached $327,139,130,436 with a 24-hour volume traded of $ 50,320,476,271. Top financial personalities like Brian Kelly ( Founder & CEO of BKCM LLC, a digital currency investment firm) suggest that BTC’s bullish rally was getting over-exhausted and the month’s highest level, which was around $19300.00, can be the last top traded price for the year.
ETH/USD
Ethereum has broken below the crucial mark of $500.00, providing strong bearish signals in the market. The CMP is now placed at $492.83 with the market capitalization at $ 55,770,342,426 and the 24-hour volume traded of $ 25,964,641,640. The ETH/BTC pair is also performing negative with a loss of -6.32%, bringing the current level down to 0.02944428 BTC. The price levels are now having major support placed at $470.00.
XRP/USD
XRP also faced a negative breakout below the crucial mark of $ 0.50 and provided strong bearish signals. The CMP is now placed at $ 0.497507, facing an overall loss of -26.86%. The XRP/BTC pair is also trading significantly negative with a loss of -18.85%, bringing the current level down to 0.00002924 BTC.
LINK/USD
Chainlink has lost its all gained levels for the month and currently on the verge of having a negative breakout below the crucial mark of $12.00. The CMP is now placed at $12.19, facing a significant loss of -20.67. The LINK/BTC pair is also performing negative with a loss of -11.28%, bringing the current level down to 0.00070820 BTC. The market capitalization has reached $ 4,687,840,431 and the 24-hour volume traded of $ 2,591,538,475.
BCH/USD
Bitcoin Cash also suffered a negative breakout below the crucial level of $300.00 and faced an overall loss of -18.25% on Thursday’s market session. The CMP is now placed at $278.61 bringing the market capitalization to $ 5,126,834,852 and the 24-hour volume traded of $ 4,884,210,844. The BCH/BTC pair is also performing negative with a loss of -9.62%, bringing the current level down to 0.01625003 BTC. However, the price level received a sharp positive pull back at $275.00, acting as a new support point.
LTC/USD
Lite coin also slips as dropped around -15.60% in today’s trading sessions after making the intraday high of $89.89. LTC currently trading at the price level of $74.28, supported by the volume sold in the last 24-hours of $7,744,592,473 and the market capitalization stands at $4,906,024,054. In contrast, the pair of LTC/BTC slips over -4.13% and standing at 0.00441560 BTC, however after hitting the intraday low of $72.92 the price recovery pulls back at $74.28.
BNB/USD
Binance Coin (BNB) is trading at the price level of $28.57 with an intraday loss of -14.60%, supported by the volume traded in the last 24-hours of $625,647,693, and the market capitalization stands at $4,111,591,418. BNB is facing profit booking in today’s trading sessions. The pair of BNB/BTC stands at 0.00165453 BTC with an intraday loss of 5.55%. After making the high of $33.96, it slipped and made the intraday low of $27.32 CMP at $28.57, trading near days lows.
DOT/USD
Polka Dot also seeing the profit booking in today’s trading session as losses over -13.44% in today’s trading session with the volume recorded in the last 24-hours of $1,335,819,066 the market capitalization stands at $4,235,776,336. In contrast, the pair of DOT/USD also turns red with the intraday loss of -4.68%, standing at 0.00027836 BTC. over the seven-day chart, it still gains +5.37%. The coin was trading at the price level of $4.81 and tested the intraday low of $4.52 after making the high of $5.66.
ADA/USD
Cardano (ADA) follows the crypto market’s momentum as it slips from days high, currently trading at the price level of $0.1388 with an intraday loss of -16.99%. However, after testing the lower level of $0.1235, the coin recovers as the market recovers. The volume traded in the last 24-hours is $2,361,740,184, while market capitalization stands at $4,337,544,430. The pair of ADA/BTC stands at 0.00000802 BTC also drops over -8.10%.
BSV/USD
Bitcoin SV trading at days low loses over -15.29% in today’s trading session, the volume recorded in the last 24-hours of $1,471,311,394, and the market capitalization stands at $3,223,713,884. The pair of BSV/USD trading at 0.01010196 BTC with a loss of -5.09%. The coin losses momentum as the market shows the profit booking and BSV trading at a lower note with the intraday resistance of $215 currently trading at the price level of $173.24.