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📈Market Overview

  • April 9, 2021

Bitcoin range-bound action since its breakdown at the $61,000 level has confused analysts. Some are projecting that a sharper correction could be in development while others remain steadfast in their belief that the uptrend will resume shortly. According to data from Ecoinometrics, history suggests that Bitcoin price breaks out between 300 and 350 days following a supply halving. Currently, 329 days have passed since the latest halving, and if history repeats itself Bitcoin could soon witness a breakout.

The entire Top 10 is traded in the green zone. The growth leaders were Ripple +10.7%, Ethereum +3.5% and Binance Coin +3.4%.

Market capitalization: $2.04T (+2.61%)
The BTC dominance: 53.56% (-0.63%)
Fear & Greed Index: 70 (Greed)

https://cryptorank.io/heatmaps

👉 Top Gainers

NKN (NKN) +40.8%
Bitcoin Gold (BTG)+32.5%
SparkPoint (SRK) +28.5%

👉 Top Losers

Toko Token (TKO)-16,1%
Videocoin (VID) -12,2%
Akash Network (AKT) -10.5%

BTC Futures

Aggregated Volume — $39.69B
Aggregated Open Interest — $19.17B

👉 Derivatives Market Analytics

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