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Analysis

📈Market Overview

  • May 6, 2021

Bitcoin entirely recovered from its recent drop that saw the price fall to the $53,000 support level. This move back to $57,500 relieved bulls from the negative pressure of the May 7, 3,500 BTC options contract, which represents $200 million in open interest along with a $1.1 billion options expiry.

The entire Top 10 is traded in the green zone. Bitcoin Cash +25.7%, Ripple +18.5% and Cardano +15.3%.

Market capitalization: $2.46T (+4.02%)
The BTC dominance: 43.59% (+0.1%)
Fear & Greed Index: 65 (Greed)

https://cryptorank.io/heatmaps

👉 Top Gainers

Telcoin (TEL) +86.6%
pNetwork (PNT) +60.7%
Utrust (UTK) +37.8%

👉 Top Losers

Dogecoin (DOGE) -12,6%
Refinable (FINE) -11.1%
Alien Worlds (TLM) -8.5%

BTC Futures

Aggregated Volume — $59.21B
Aggregated Open Interest — $16.38B

👉 Derivatives Market Analytics

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