- The crypto market has taken a completely opposite turn in today’s financial trading trade. Bitcoin is again on the critical price of $7.2k and looking to break below it. ETH is also suffering heavy price corrections again with the levels dipping below $170.
- It looks likes the efforts of bulls in overall market conditions are temporary as it is getting faced by major pricing corrections again and again.
- The overall market capitalization is $207,269,841,028 and volume traded is $145,007,604,985. The overall dominance of BTC remains at 64.3%.
Bitcoin (BTC) Price Analysis
BTC is having a roller-coaster price movement since yesterday. The world’s largest cryptoasset provided some relief to the crypto investors by sustaining the price level of $7.3k. It also looked strong to break another crucial level of $7.5k. However, the resistance of $7450 came in between and put a halt on the bullish move. Since then, BTC has been a victim of bearish move again in the market. It has now again on the verge of breaking below $7.2k which is certainly not a good sign. The current price is $7279.13 with the market cap of $133,153,781,035,150 and volume traded of $14,510,350,985. The cryptoasset may find the support level of $7100 if the bears are not that impactful.
IOTA (MIOTA) Price Analysis
IOTA is also suffering major price corrections and downtrend in the market. It is facing an overall loss of -2.00% in today’s crypto market. The IOTA/BTC pair is also facing a significant downtrend with an overall loss of -0.15%% with the level of 0.00002396 BTC. IOTA again broke below the support level of $0.17 making it vulnerable to the critical area of $0.10. The current price is at the level of $0.169 with the market cap of $472,642,090 and volume traded of $9,732,834. IOTA still somehow can find another support level of $0.15 which can prevent the crypto asset from any further downfall.
TRON (TRX) Price Analysis
TRON is on the critical price area of $0.010 due to the negative momentum in today’s market. It is facing an overall loss of -1.49%. The TRX/BTC pair is also facing a downtrend of -0.76% with the level of 0.00000188 BTC. The current price of tron is at the level of $0.013 with the market cap of $910,587,465 and volume traded of $1,114,568,852. A break below $0.011 will indicate that the altcoin may face further downtrend in the market with a major support level of $0.010.
Ethereum Classic (ETC) Price Analysis
ETC has broken a crucial support level of $5.80 with a significant downtrend in today’s market. It is facing overall loss of -1.24%. The ETC/BTC pair is aslo facing a significant decline of -1.45% with the level of 0.00078650 BTC. The current price level is $5.70 with a market cap of $ 55,899,249 and volume traded of $1,396,746,024. Breaking below the level of $5.80 has opened up vulnerability of a significant downtrend for the cryptoasset.
Binance Coin (BNB) Price Analysis
BNB has also at its crucial price level of $15.00 in today’s market with a downtrend of -1.25%. The BNB/BTC pair is also facing downtrend of 0.85% with the level of 0.00202066 BTC. The current price is $15.11 with the market cap of $2,352,213,356 and volume traded of $162,090,076. If the overall downtrend in the market continues, the altcoin may break the critical price level of $15.00 any time soon. However, there is still a major support level of $13.00 for the cryptoasset.