Bulls Have Taken Back Charge in Today's Session as Seen From the Price Movements Today

The global market cap stood at $2.43T as of press time, representing a 0.49% increase in the last 24 hours

Bitcoin (BTC) price failed to ost gains on Friday, as the world’s largest cryptocurrency prepared for another weekend dip. An in-depth analysis of the BTC price chart reveals that the price is moving between the upper and lower Bollinger Bands, indicating periods of high and low volatility.

Currently, the price is near the lower band, suggesting it might be oversold and could potentially rebound. On the other hand, the Awesome Oscillator (AO) is below the zero line, showing bearish momentum. However, if it starts to form green bars and move towards the zero line, it might indicate a possible bullish reversal. As of press time, Bitcoin is trading at $66,174 with a 0.12% increase over the last 24 hours.

Analysing further, we see that the global crypto market cap stood at $2.43T as of press time, showing a 0.49% increase in the last 24 hours, while the trading volume stood at $42.08B as of the same period, showing a 39% drop.

Moreover, a look at other markets reveals that the Dow Jones is up by 0.37%, and the S&P 500 is also showing gains of 0.28%, while the Nasdaq is showing a 0.06% decrease.

Among the top crypto gainers today, we have Brett (BRETT), which is showing gains of 7.7%, followed by another top gainer, JasmyCoin (JASMY), which is up by 6.03%. Finally, we have Lido DAO (LDO), which is also showing gains of 6.15%.

On the other hand, a glance at the top crypto losers reveals that NEAR Protocol (NEAR) is leading the list with losses of 3.6%. This is followed by losses of 2.13% for Chain (XCN) and finally, losses of 1.93% for Filecoin (FIL).

Finally, a review of the DeFi market reveals that the total value locked (TVL) now stands at $240.18B, showing a 0.56% decrease over the last 24 hours. In the same vein, the total volume in the DeFi market is now at $18.68B, indicating a 35.6% decrease over the last 24 hours.