Today’s trading session was dominated by bears, leading to a decline in the global market cap which now stands at $2.24 trillion, marking a 2.25% decrease over the past 24 hours. Despite this, the trading volume increased by 7% to reach $75 billion.
Bitcoin (BTC) also experienced gains during today’s session, with its price movements indicating moderate volatility as it hovers around the middle Bollinger band. The AO indicator shows a shift from negative to positive, hinting at a potential change in momentum. The current Bitcoin price is $62,021, reflecting a 0.23% increase from the previous 24-hour price.
On the contrary, Ethereum (ETH) struggled to gain ground today and is facing consolidation as its price remains below the Ichimoku cloud, signaling bearish momentum. The ADX indicator suggests a well-established downtrend, with the Ethereum price at $2,914, a slight 0.01% decrease from the previous 24-hour price.
Internet Computer (ICP) saw positive price movements today, with the Money Flow Index indicating balanced buying and selling pressure. Despite a prolonged downtrend, the Internet Computer price is currently at $12.02, showing a 1.3% increase from the previous 24-hour price.
Pepe (PEPE) also had a successful session, with The MACD trending upwards and positive market behavior noted. The Pepe price broke above the Ichimoku Cloud, now acting as support rather than resistance. The current Pepe price is $0.00001137, reflecting a 6.9% increase from the previous 24-hour price.
Arweave (AR) also experienced gains today, with the price moving within a downward pitchfork channel indicating controlled bearish momentum. The CCI hovering around the zero line suggests a neutral market sentiment, with the Arweave price now at $41.2, showing a 4.7% increase from the previous 24-hour price.