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Analysis

📈Market Overview

  • May 11, 2021

The astronomical rally in Ethereum is not showing any signs of slowing down. The bulls easily cleared the overhead hurdle at $4,000, which also pushed the biggest altcoin’s market dominance to over 19%. However, Bitcoin seems to have lost its momentum as it continues to struggle near the $60,000 mark. That has pulled its market dominance to below 44% for the first time since July 2018.

The entire Top 10 is traded in the red zone. Polkadot -11.9%, Litecoin -11.7% and Ripple -10.6%.

Market capitalization: $2.43T (-6.94%)
The BTC dominance: 42.48% (+0.56%)
Fear & Greed Index: 61 (Greed)

https://cryptorank.io/heatmaps

👉 Top Gainers

MX Token (MX) +46.7%
Nervos Network (CKB) +45.2%
Livepeer (LPT) +40.1%

👉 Top Losers

ABBC coin (ABBC) -29,1%
Bitcoin Diamond (BCD) -26.8%
UnFederalReserve (ERSDL) -22.8%

BTC Futures

Aggregated Volume — $88.83B
Aggregated Open Interest — $17.09B

👉 Derivatives Market Analytics

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