Traders identify $40,000 as the pivotal level Bitcoin price needs to trade above in order to avoid a revisit of July’s swing low. In addition to the reversal from this week’s local low at $37,500, Gary Gensler, the chair of the United States Securities and Exchange Commission issued positive comments about the crypto industry and reaffirmed the goal of ironing out fraud in the ecosystem.

The Top-10 cryptocurrencies are traded in the green zone. Uniswap +9.2%, Polkadot +8.7%, Ethereum +7.9%

Market capitalization: $1.68T (+4.94%)
The BTC dominance: 44.07% (-1.08%)
Fear & Greed Index: 50 (Neutral)

https://cryptorank.io/heatmaps

👉 Top Gainers

TrueFi (TRU) +168%
PlayDapp (PLA) +58.7%
Zoracles (ZORA) +44.5%

👉 Top Losers

DeRace (DERC) -26.3%
DinoSwap (DINO) -24.6%
TradeStars (TSX) -22.1%

BTC Futures

Aggregated Volume — $43.6B
Aggregated Open Interest — $11.43B

👉 Derivatives Market Analytics

The latest market intelligence and in-depth reports in our Telegram channel and Twitter