Cryptocurrency prices today : Within the last 24 hours, the price momentum of cryptocurrencies has not been able to catch up.Â
There has been a slight uptick in some of the smaller coins but the overall crypto market has remained range bound. The reason for this is the lack of volume in trading. Despite the low volume in bitcoin, the impact of bitcoin has increased to 41 percent. There is currently no clear direction momentum in front of the cryptocurrency market.
Cryptocurrency prices today : Within the last 24 hours, the price momentum of cryptocurrencies has not been able to catch up. The reason for this is the lack of volume in trading. Although some small coins have seen a slight uptick, the overall crypto market has remained range bound.
The world’s largest and well-known cryptocurrency, Bitcoin, has fallen 0.65 percent in the last 24 hours. This data is till 1:50 pm on Monday. By this time the market capitalization of Bitcoin was recorded at $926 billion. Talking about the last 24 hours, 878.14 million volume trades have taken place in bitcoin, which is less than normal days.
Ether dropped 0.97% in the last 24 hours The
Ethereum platform’s own token Ether was trading at $4000. It has fallen 0.97% in the last 24 hours. Ether has a market capitalization of $471 billion and a training volume of $851.38 million during the same period.
Last week we saw a long rally of profit booking in cryptocurrencies. Since then the volume in most cryptocurrencies has remained low. There have been very few currencies in the cryptocurrency market that have gained.
Bitcoin Volume
Down , But Impact Growing . However, most major cryptocurrencies have remained range bound. Along with this, he also said that there is currently no clear direction momentum in front of the cryptocurrency market. The market does not yet know where it will go.
For your information, let us tell you that when the market range remains bound, after that there is ups and downs in the market. After these bound markets, the market can run upwards, and there is also a possibility of going down.
