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Analysis

📈 Market Overview

  • August 4, 2021

Bitcoin might have failed to sustain the $42,000 support, and for many, this is a slightly bearish sign. Interestingly, the downward move occurred shortly after Saudi Aramco, KSA’s largest oil exporter, denied claiming to start mining Bitcoin.

The Top-10 cryptocurrencies are traded in different directions. Cardano +4.9%, Ethereum +1.1%, Ripple -0.9%

Market capitalization: $1.61T (+1.05%)
The BTC dominance: 44.30% (-1.73%)
Fear & Greed Index: 42 (Fear)

https://cryptorank.io/heatmaps

👉 Top Gainers

Alchemy Pay (ACH) +126%
Wall Street Games (WSG) +44.4%
Render Token (RNDR) +39.3%

👉 Top Losers

Unit Protocol (DUCK) -47.4%
DinoSwap (DINO) -24.1%
Radicle (RAD) -23.9%

BTC Futures

Aggregated Volume — $44.75B
Aggregated Open Interest — $11.32B

👉 Derivatives Market Analytics


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