RATE Group | Bitcoin Stalls while Longs Make a new Peak
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Bitcoin Stalls while Longs Make a new Peak

Bitcoin Stalls while Longs Make a new Peak

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Cryptocurrencies have recovered slightly, although you don’t see much strength in buyers. There are exceptions, though. Tezos gains 15.12%, VET rises 9%, Qtum grows 6.23%, and Atom has gained 6.64%. In the Ethereum token sub-sector, there are lots of tokens moving up with strength, such as SNX (+6.68%), FTT* (+9.57%), KNC( +21%), and OCEAN(+22%).

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FIg 1 – 24H Crypto Heat Map

The capitalization of the crypto market went up 0.71% to $196.635 billion, that with a traded 24H volume of $22.587 billion (-4.6%). Bitcoin dominance keeps steady at 66.4%.

Chart

FIg 2 – 24H Crypto Market Capitalization and Traded Volume

 

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