Market Wrap: Bitcoin, Ethereum, IOTA, Hedera Hashgraph, Ondo See Green as Bulls Dominate

The bulls are in control of today's session, as seen from the increase in the global market cap. The total cap stood at $3.47T as of press time

Crypto prices today witnessed a collective rise, led by IOTA and Hedera Hashgraph, which surged by over 40%. Bitcoin and Ethereum also posted gains, albeit more modest. The global market cap increased by 2.88% in the last 24 hours to reach $3.47T, while trading volume also jumped by 20.6% to reach $262.32B.

Bitcoin price showed a slight increase in today’s session, as seen from its price movements. An in-depth analysis shows that the Supertrend indicator signaled a shift from the bullish (green) zone to the bearish (red) zone recently, indicating market indecision. Currently, the price is within a neutral range, suggesting consolidation.

On the other hand, the Money Flow Index (MFI) is at 41.78, indicating that the market is neither overbought nor oversold. At press time, Bitcoin trades at $95,483, showing a 0.57% increase in the last 24 hours.

Crypto prices today witnessed a collective rise, led by IOTA and Hedera Hashgraph, which surged by over 40%. Bitcoin and Ethereum also posted gains, albeit more modest. The global market cap increased by 2.88% in the last 24 hours to reach $3.47T, while trading volume also jumped by 20.6% to reach $262.32B.

Bitcoin price showed a slight increase in today’s session, as seen from its price movements. An in-depth analysis shows that the Supertrend indicator signaled a shift from the bullish (green) zone to the bearish (red) zone recently, indicating market indecision. Currently, the price is within a neutral range, suggesting consolidation.

On the other hand, the Money Flow Index (MFI) is at 41.78, indicating that the market is neither overbought nor oversold. At press time, Bitcoin trades at $95,483, showing a 0.57% increase in the last 24 hours.

Ethereum price also showed gains in today’s session, as evident from its price movements. An in-depth analysis shows that the Bollinger Bands indicator suggests consolidation after a strong uptrend, with the price hovering around the midline.

On the other hand, the RSI is at 48.1, indicating neutral momentum with no strong buying or selling pressure. At press time, Ethereum trades at $3,616, showing a 1.18% increase in the last 24 hours.

IOTA price showed a strong upward movement in today’s session, as evident from its price movements. An in-depth analysis shows that the IOTA price is breaking above multiple Alligator indicator lines, which are widely separated, confirming bullish momentum.

On the other hand, the ADX is at 58.04, reflecting a strong trend in play. At press time, IOTA trades at $0.4972, showing a 53.90% increase in the last 24 hours.

Hedera Hashgraph price also showed gains in today’s session, as evident from its price movements. An in-depth analysis shows that the Supertrend indicator signals a “buy” trend with the current price significantly above the support level of 0.26492.

On the other hand, the Money Flow Index (MFI) is at 79.4, indicating an overbought condition, suggesting potential consolidation or a short-term pullback. At press time, Hedera Hashgraph trades at $0.3595, showing a 49.25% increase in the last 24 hours.

Ondo price showed gains in today’s session, as evident from its price movements. An in-depth analysis shows that a strong bullish move is observed with the price breaking above the Ichimoku Cloud, indicating a clear bullish trend.

On the other hand, the Volume Oscillator shows an uptick, confirming strong buying interest and high volume behind the rally. At press time, Ondo trades at $1.68, showing a 43.96% increase in the last 24 hours.