RATE Group | Cryptocurrencies retreating after strong Bitcoin rally that called for the return of the bull market
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Cryptocurrencies retreating after strong Bitcoin rally that called for the return of the bull market

30 Apr Cryptocurrencies retreating after strong Bitcoin rally that called for the return of the bull market

Posted at 14:58h in Cryptocurrency News by

Cryptocurrencies are finally retracing in the last hours, after a strong rally led by Bitcoin (+10.2%) that made a 20 percent move at its top, which led it to achieve the $9,450 level. Also, Ethereum(+2.64%), Bitcoin Cash (+2.48%), Bitcoin SV 8+4.32%), Ripple (-0.4%), and Litecoin (+1.66%) followed the movement, although right now are suffering the selling action of profit-takers.  In the Ethereum token sector, OMG (+11%) THR( +10.02%) and CRO (+5.21%) lead the gains among the main tokens.

Coin 

Fig 1 – 24H Crypto Sector Heat Map

After this bullish move,  the total market cap went as high as $264 billion, although, currently, it is at $241 billion, as it tries to consolidate after the bounce off the topping area.  The traded volume in the last 24  hours was quite high, at $85.540 billion, a 145% increment from the previous 24H figure. The Bitcoin dominance went up almost one point and currently is 64.99%.

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Fig 2 – 24H Crypto Total Market Daily Chart

 

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