In today’s market session, the bulls have taken the lead, resulting in a rise in the global market cap. The total cap currently stands at $2.58 trillion, showing a 1.3% increase in the past 24 hours, with a trading volume of $88.9 billion, marking a 2% decrease compared to the previous day.
Bitcoin Price Update
Bitcoin (BTC) has shown positive movement today, with its price hovering just below the middle Bollinger band at $68,775.98, indicating a possible consolidation phase. The bands are coming together, suggesting a decrease in volatility. The Woodies CCI stands around -23.12, indicating a neutral to slightly bearish phase. At present, the Bitcoin price is at $68,409, reflecting a 0.76% increase in value over the last 24 hours.
Ethereum Price Update
On the contrary, Ethereum (ETH) has not seen gains in today’s session. The price is following an ascending pitchfork pattern, signaling a controlled upward trend. Although the Volume Oscillator is at -8.65%, indicating a decrease in volume as the price rises, the Ethereum price is currently at $3,852, showing a 0.03% decrease in value over the last 24 hours.
Dogwifhat Price Update
Dogwifhat (WIF) is one of the gainers in today’s session, with the price above the Supertrend indicator at $3.3870, which has turned green, suggesting a bullish trend. However, the Money Flow Index (MFI) is at 81.28, indicating an overbought situation that may lead to a pullback or consolidation. The current Dogwifhat price is $3.96, marking a 20.4% increase in value over the last 24 hours.
Shiba Inu Price Update
Shiba Inu (SHIB) has also experienced gains today, with the price breaking out above the Ichimoku cloud, a bullish sign. The green future cloud further indicates a bullish sentiment in the short term. The Woodies CCI is exceptionally high at 187.36, highlighting strong bullish momentum. The current Shiba Inu price is $0.00002835, showing a 14.5% increase in value over the last 24 hours.
Bonk Price Update
Lastly, Bonk (BONK) has shown positive movement today, with all three lines of the Alligator indicator trending upwards. The price remains consistently above these lines, indicating a sustained bullish trend. The Relative Strength Index is at 66.97, nearing overbought territory but still within a healthy range. The current Bonk price is $0.00004235, reflecting an 11.5% increase in value over the last 24 hours.