The market capitalization of the cryptocurrency market declined at the beginning of today’s trading, by 2.26%, to reach $2.20 trillion, with a volume of trades in the last 24 hours, which recorded about $96.37 billion.
According to a technical study, Bitcoin breached the upper bound of the so-called triangle pennant pattern and consolidated its performance above the 20-day moving average.
While this points to the possibility of further gains ahead, other technical signals are identifying the $53,000-55K area as a potential test of bullish strength.
Cryptocurrency-related stocks in Asia, such as Wori Technology Investment, Remixpoint, and Ceres, received a significant boost from the recent performance of Bitcoin, which rose by 76 percent. % since the beginning of this year, and is heading to achieve further gains for the third year in a row.
Cryptocurrency rates today
The price of the digital currency Bitcoin BTC fell by 1.70% to reach $47040.69.
The price of the Ethereum coin (ETH) fell by 2.47% to $3714.49.
The price of the Binance coin BNB decreased by 3.32% to reach $519.29.
The price of the cardano ADA coin fell by 5.95% to record $1.34.
XRP fell 2.45% to $0.8351.
The price of the Polkadot DOT coin fell by 3.44% to $27.28.
The price of DOGE (Dogecoin) fell 2.38% to $0.1719.
The price of the Litecoin (LTC) currency decreased by 0.64% to reach $147.16.
The Chainlink LINK coin price fell 4.61% to $19.79.
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