Bitcoin hesitation near the all-time high suggests that the bulls and the bears are waiting for a trigger to start the next trending move. The event that may act as a trigger is the Nasdaq listing for Coinbase’s COIN stock on April 14. A successful listing is likely to be cheered by the crypto bulls because that could signal increased crypto adoption by traditional investors in the future. Conversely, a tepid reception to the Coinbase listing could embolden the bears.
Market capitalization: $2.16T (+1.61%)
The BTC dominance: 52.54% (-0.8%)
Fear & Greed Index: 74 (Greed)
Aggregated Volume — $42.32B
Aggregated Open Interest — $20.83B