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Analysis

šŸ“ˆMarket Overview

  • May 25, 2021

Crypto traders were greeted by green markets as the majority of altcoins saw their prices bounce back following last week’s downturn that was the ā€œlargest deleveraging event since the March 2020 sell-off,ā€ according to an on-chain report from Glassnode. After suffering the biggest monthly price drop in Bitcoin history, bulls now look to stage a comeback with a significant amount of support forming near the $37,000 level, and within the last hour, Bitcoin‘s price pushed up back to the $40,000 level.

The entire Top 10 is traded in the green zone. Binance Coin +23.8%, Ethereum +21.1%, RippleĀ +20.8%.

Market capitalization: $1.69T (+12.3%)
The BTC dominance: 42.57% (-2.97%)
Fear & Greed Index: 22 (Extreme Fear)

https://cryptorank.io/heatmaps

šŸ‘‰ Top Gainers

dForce (DF) +160.1%
Propy (PRO) +113.3%
Burger Swap (BURGER) +107.3%

šŸ‘‰ Top Losers

Unifi Protocol DAO (UNFI) -14.2%
inSure DeFi (SURE) -14.0%
Newton Project (NEW) -12.9%

BTC Futures

Aggregated Volume — $83.03B
Aggregated Open Interest — $9.10B

šŸ‘‰ Derivatives Market Analytics

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