Bitcoin has once again held the critical support area at $31,000 today, indicating accumulation at lower levels. This led some analysts to speculate that traders were selling their holdings to investors with a low history of selling in anticipation that “a supply shock” to occur when the re-accumulation process completes.
The Top-10 cryptocurrencies are traded in the green zone. Ethereum+4.5%, Binance Coin +3.4%, Cardano +2.8%.
Market capitalization: $1.38T (+2.99%)
The BTC dominance: 44.38% (-0.9%)
Fear & Greed Index: 20 (Extreme Fear)
https://cryptorank.io/heatmaps
Fear NFTs (FEAR) +168.8%
Rabbit Finance (RABBIT) +155.1%
Alien Worlds (TLM)+73.7%
Yieldly (YLDY) -37.9%
Harvest Finance (FARM) -20.9%
Zignaly (ZIG) -20.8%
BTC Futures
Aggregated Volume — $36.02B
Aggregated Open Interest — $9.85B
