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Analysis

📈Market Overview

  • April 27, 2021

Cryptocurrency investors breathed a sigh of relief on April 26 as the sharp reversal in the price of Bitcoin was accompanied by a market-wide recovery that has a majority of altcoins seeing green. It’s likely that the breakout was aided by bullish assessments from JPMorgan analysts and PayPal’s announcement that demand for purchasing cryptocurrencies had surpassed expectations.

The entire Top 10 is traded in the green zone. Ripple +25.5%, Uniswap +11.9% and Cardano +6.6%.

Market capitalization: $2.11T (+3.99%)
The BTC dominance: 47.90% (-1.14%)
Fear & Greed Index: 50 (Neutral)

https://cryptorank.io/heatmaps

👉 Top Gainers

Waves (WAVES)+50.3%
Hive Blockchain (HIVE)+43.6%
Tellor (TRB)+42.6%

👉 Top Losers

FREE Coin (FREE) -21.3%
Vesper (VSP) -11.9%
Ampleforth (AMPL) -10.1%

BTC Futures

Aggregated Volume — $15.43B
Aggregated Open Interest — $60.27B

👉 Derivatives Market Analytics

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