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Analysis

📈Market Overview

  • May 18, 2021

While new entrants to Bitcoin markets have been panic selling at a loss, the recent market slide has not vexed the old hands. Heavy selling in response to hints from Elon Musk that Tesla may soon sell its BTC stash saw Bitcoin prices tumble to their lowest levels in 20 weeks as the markets found support near $42,000.

The entire Top 10 is traded in the green zone. Ripple +10.6%, Polkadot +8.8%, Bitcoin Cash+8.3%.

Market capitalization: $2.22T
The BTC dominance: 38.35%
Fear & Greed Index: 21 (Extreme Fear)

https://cryptorank.io/heatmaps

👉 Top Gainers

Ergo (ERG) +65.1%
IterationSyndicate (ITS)+53.6%
Hifi Finance (MFT)+48.2%

👉 Top Losers

FinNexus (FNX) -88.9%
Skycoin (SKY) -50.1%
Bread (BRD) -42.2%

BTC Futures

Aggregated Volume — $108.98B
Aggregated Open Interest — $15.06B

👉 Derivatives Market Analytics

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