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Analysis

Market Overview

  • March 5, 2021

Bitcoin has failed to break above $52,000, which suggests more downside is possible in the short term. In addition, the month of March isn’t the best period for Bitcoin so the current price slump shouldn’t come as a surprise.

The entire Top 10 is traded in the red zone. ChainLink fell by -10.4%, Polkadot -10.2% and Binance Coin -9.5%

Market capitalization: $1.50T (-3.94%)
The BTC dominance: 58.59% (-0.72%)
Fear & Greed Index: 78 (Extreme Greed)

https://cryptorank.io/heatmaps

👉 Top Gainers

Mask Network (MASK) +34.2%
ZKSwap (ZKS) +28.4%
Stacks (STX)+25.7%

👉 Top Losers

WHALE (WHALE) -21.7%
Alpha Finance Lab (ALPHA) -14.5%
PancakeSwap (CAKE) -14.2%

BTC Futures

Aggregated Volume — $74.81B
Aggregated Open Interest — $13.14B

👉 Derivatives Market Analytics

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