Bitcoin bulls have successfully defended the $30,000 level in the past few days but the failure to achieve a strong rebound has some traders worried that the price will eventually dip to new lows. At $30,000, Bitcoin has just dropped 54% from its all-time high, and a 69% correction could sink it down to $20,000.

The Top-10 cryptocurrencies are traded in the red zone. Dogecoin -5.2%, Ethereum -3.2%, Binance Coin -0.95%

Market capitalization: $1.34T (-0.93%)
The BTC dominance: 44.69% (+0.4%)
Fear & Greed Index: 24 (Extreme Fear)

https://cryptorank.io/heatmaps

👉 Top Gainers

COVER Protocol (COVER) +21.5%
Boson Protocol (BOSON) +17.9%
Electroneum (ETN) +15.9%

👉 Top Losers

Rabbit Finance (RABBIT) -33.5%
REVV (REVV) -22.6%
Axie Infinity (AXS) -16.3%

BTC Futures

Aggregated Volume — $28.1B
Aggregated Open Interest — $10.1B

👉 Derivatives Market Analytics

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