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The global crypto market cap is slightly up over the last 24 hours according to the crypto market tracking website, CoinMarketCap. At press time, the global crypto market cap is up 0.02% to stand at $824.17 billion. BTC’s dominance in the market is up 0.02% over the last 24 hours, and now stands at 39.60%.
Santiment tweeted today the market caps of all of the coins in the crypto market have been “bouncing very much in independent directions.”
The tweet added that there is currently “euphoric crowd sentiment” for Ripple (XRP) and Ethereum (ETH), and that traders are less interested in Bitcoin (BTC), Binance Coin (BNB) and Cardano (ADA). Historically, projects with bearish sentiment perform better on average, the tweet concluded.
The prices of XRP and ETH have both dropped over the last 24 hours. At press time, XRP is trading at $0.3408 following a 0.48% drop in price. ETH’s price stands at $1,263.84 after its dropped 0.13% over the last 24 hours.
Meanwhile, the prices of BTC, BNB and ADA are up. Currently, BTC’s price is up 0.04%, taking its price to $16,948.68. BNB is trading at $260.99 after a slight, 0.06% rise. ADA’s price is up 0.21% over the last 24 hours, which has elevated its price to $0.2773 at press time.
Currently, BTC’s price is trading above the 9-day EMA line, but is struggling to overcome the resistance level at $16,926.20.
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