Bitcoin and altcoins are witnessing selling near key overhead resistance levels, but a shallow pullback may suggest further upside is in store. Institutions are unlikely to buy aggressively and propel the price of Bitcoin higher because there is still a chance that they can accumulate at lower levels. Therefore, the range-bound action may continue for a few more days.

The Top-10 cryptocurrencies are traded in different directions. Ethereum +4.3%, Dogecoin -3.7%, Polkadot -3.4%.

Market capitalization: $1.45T (+0.06%)
The BTC dominance: 44.08% (-1.87%)
Fear & Greed Index: 28 (Fear)

https://cryptorank.io/heatmaps

👉 Top Gainers

Rarible (RARI) +58.1%
Everipedia (IQ) +38.4%
Visor (VISR) +37.9%

👉 Top Losers

Hive Blockchain (HIVE) -49.6%
HUNT (HUNT) -47.8%
Adappter Token (ADP) -45.7%

BTC Futures

Aggregated Volume — $53.9B
Aggregated Open Interest — $9.74B

👉 Derivatives Market Analytics

The latest market intelligence and in-depth reports in our Telegram channel and Twitter