Bitcoin and Ethereum trim profits, altcoin rally slows

After nearly hitting the $ 32,900 level, BTC corrected down and is now (12:09 UTC) consolidating its gains below the $ 32,500 level.

BTC is still being outdone by ETH and several altcoins which are also slashing their recent wins.

Total market capitalization

Source: www.tradingview.com

Bitcoin price

After the Bitcoin price expanded its gains after the B-word event, it fell again. It fell below $ 32,400 and reduced its daily gains to more than 1%. The price is still up 2% in a week.

Ethereum price

At the same time, Ethereum price is consolidating its gains above $ 2,050 after failing near $ 2,090. ETH is now up nearly 4% in a day and 8% in a week.

ADA, LTC, DOGE and XRP prices

Cardano (ADA) failed to stay above the $ 1.20 level and corrected toward $ 1.18. The price is now almost unchanged in one day and down 4% in a week.
Meanwhile, Litecoin (LTC) is also trimming its recent gains and correcting below its previous resistance zone of $ 120. LTC rose nearly 2% in one day while it fell nearly 5% in a week.
Dogecoin (DOGE) is still below the USD 0.200 resistance zone and is almost unchanged in one day while its weekly gains fell below 5%.
Early this morning, XRP price broke the main resistance at $ 0.600 but failed to hold above that level and fell to $ 0.59. The price is still up 3% in a day, reducing its weekly losses to less than 1%.

Different Altcoins Market Today

Several altcoins are still up over 5% including UNI, SUSHI and XTZ, while AMP, FLOW, TEL and AXS rebounded in double digits. AXS is still the top performing crypto asset among the top 100 coins today, having increased 31% in one day and trading above the $ 30 level. The price has increased 28% in a week. Meanwhile, RUNE and OMI have fallen by over 12%.
_____

Find the best price to buy / sell cryptocurrency:

Bitcoin and Ethereum trim gains, Altcoin rally slows 102

Comments are closed.