While the impact of the U.S. stock market is away from the crypto market today, Bitcoin (BTC) and other major crypto assets are not making any major moves.
The crypto market is winding down as the weekend approaches and trading activities cool down. As the impact of the U.S. stock market is minimal today, Bitcoin (BTC) and other major crypto assets are not making any major moves.
While BTC price is holding crucial support at $84k, several major altcoins are still finding it hard to break above key resistance levels. ETH price has managed to recapture $1,900 but its surge above $2,000 price is still in question. Similarly, XRP has also surged above $2.4 but it is notably down from the monthly highs.
Some of the notable price action today includes TON's 20% pump following Telegram founder Pavel Durov's Dubai relocation as French authorities now allowed him to leave the country. Besides, CAKE and ATOM have also gained over 11% in the past 24 hours.
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As per Coinmarketcap data, the global crypto market cap today sits at $2.67 trillion with a 24 hour trading volume of $52.87 billion.
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