RATE Group | Crypto bears hit the pause button as Bitcoin (BTC) and major altcoins register minor gai…
56105
post-template-default,single,single-post,postid-56105,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Crypto bears hit the pause button as Bitcoin (BTC) and major altcoins register minor gai…

29 Jul Crypto bears hit the pause button as Bitcoin (BTC) and major altcoins register minor gai…

Posted at 03:12h in Cryptocurrency News by

[ad_1]

  • Bitcoin and major altcoins are range-bound with bullish bias after the sell-off on the weekend.
  • We need a new catalyst to set the ball rolling.

The cryptocurrency market has entered a recovery mode after a sharp sell-off during the weekend. Bitcoin and all major altcoins are registering minor gains ranging from 0.5% to $2.8% with the notable exception of DASH, IOTA, Chainlink and Cosmos. These coins are still in the red zone.

The total capitalization of all digital assets in circulation settled at $266 billion. The total trading volume slipped to $48 billion, while Bitcoin’s market share has reduced to 64.5%.

Top-4 coins price overview

Bitcoin (BTC/USD) touched the intraday low at $9,489 before moving towards $9,625 by the time of writing. Despite the recovery, the bull’s momentum remains weak, while the critical $10,000 is still out of reach. BTC/USD has gained about 1.5% on a day-on-day basis and 1% since the beginning of Monday.

Ethereum, the…

[ad_2]

Source link

Tags:
, , , , , , , , , , ,