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Analysis

📈Market Overview

  • May 5, 2021

Data shows pro traders are heavily accumulating the current dip in Bitcoin price while retail investors are occupied with trading altcoins, Ethereum continued its stellar run and crossed the $3,500 barrier today. Dogecoin also joined in on the party as its price soared above $0.61 earlier today as Gemini exchanged added support for the coin following a similar step by eToro.

The Top-10 cryptocurrencies are traded in different directions. Dogecoin+56.5%, Litecoin +16.5% and Binance Coin -5.3%.

Market capitalization: $2.34T (-1.01%)
The BTC dominance: 43.77% (-1.77%)
Fear & Greed Index: 48 (Neutral)

https://cryptorank.io/heatmaps

👉 Top Gainers

Dogecoin (DOGE)+57.7%
Ethereum Classic (ETC)+47.13%
Atari Token (ATRI)+35.5%

👉 Top Losers

Prometeus (PROM)-28.6%
SONM (SNM) -19.1%
Fusion (FSN) -18.5%

BTC Futures

Aggregated Volume — $71.84B
Aggregated Open Interest — $16.32B

👉 Derivatives Market Analytics

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Recent Posts
  • Istanbul Blockchain Week Launches Institutional Markets Summit: Pioneering Institutional Adoption of Digital Assets
  • HSC Hack Seasons Conference Cannes Unites Institutional Capital and Web3 Leaders to the French Riviera
  • Trescon Marks Ten Years as One of MENA Region’s Most Trusted Event Partners for Future-Focused Platforms
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