Cryptocurrency Market Report For Another Perfect Week Start
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Sentimental Community With all this, and although the market reflects a bearish feeling, for the last week the community remained super active in the main social networks, as the metric shows in reddit. Although the feeling that is breathed is bullish, a difference between this week and the last week is not measurable according to what it shows us alternative.me. According to the 41 points, in general, the community remains neutral.
Total Market Capitalization Over the weekend, total market capitalization rose from bounced between a range of ~$260.4 billion to ~$273.6 billion, according tothe coinmaketcap.com. Total market capitalization currently stands around ~$267.5 billion.
Bitcoin Market Dominance While you know:
the total number of Tether printed to date; the Bitcoin BitMEX open interest last 90 days; the number of Bitcoin addresses with at least n amount of Bitcoin; and how to the Bitcoin hash rate has reached a new high, around 94,779,758 TH/s, with a historical moving of 100 million TH/s;
you will notice that the Bitcon Dominance of last week with respect to this week fell ~1%, according to the coinmaketcap.com.
But an exact calculation shows that the Bitcon Dominance is actually higher. Around 72%.
If Bitcoin continues to win this battle, the Altcoins Market could enter into recession as well as the world economy that was cited above.
Daily And Weekly Bitcoin is currently trading around ~$10,310 on the daily chart.
It continues to be trading above its 21, 50 and 100-day EMA lines after bouncing off the 21-day EMA line over the weekend.
RSI is at ~50 and 59 respectively, indicative of some market indecisiveness at the moment.
In both cases the struggle to get out of the triangle continues.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.