The past 24 hours in the cryptocurrency markets saw the total capitalization increase by some $6 billion. In other words, not much happened. Some of the major coins are charting ever-so-slight gains, but in general, the trend remains largely rangebound.

Bitcoin remains indecisive at $30K and unable to escape that range, but let’s see how it all fared.

BTC Price Flat at $30K

As you can clearly see in the chart below, the past 24 hours didn’t provide anything of substance when it comes to Bitcoin’s price in particular.

The cryptocurrency continues to flirt with $30K, but neither side can manage to take control. The bulls have failed to recapture the level decisively, while the sellers are also unable to push the price toward another support zone.

Source: TradingView

To this, the altcoins have also failed to capitalize on BTC’s stagnation. This is clearly reflected in Bitcoin’s dominance – the metric that tracks its share relative to that of the rest of the market. It’s also remained flat at 46.6% in the past 24 hours.

Go to Source to See Full Article
Author: George Georgiev

Did you like this?
Tip BTC Newswire with Cryptocurrency

Donate Bitcoin to BTC Newswire

Scan to Donate Bitcoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate Bitcoin Cash to BTC Newswire

Scan to Donate Bitcoin Cash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate Ethereum to BTC Newswire

Scan to Donate Ethereum to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Ether:

Donate Litecoin to BTC Newswire

Scan to Donate Litecoin to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate Monero to BTC Newswire

Scan to Donate Monero to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some Monero:

Donate ZCash to BTC Newswire

Scan to Donate ZCash to BTC Newswire
Scan the QR code or copy the address below into your wallet to send some ZCash:

BTC NewswireAuthor posts

BTC Newswire Crypto News at your Fingertips

Comments are disabled.