MUST READ:
May 8, 2024
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MARKET ANALYSIS:
Market Cap: $2.29 Trillion
24h Volume: $64.82 Billion
BTC Dominance: 53.5%
ETH Dominance: 15.7%
🔸BK® Health Standard: 4.5 (1 to 10)
🔸BK® Sentiment: 41% (-100% to 100%)
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BINANCE ANALYSIS (USDT pairs):
Top Gainers
1. FTT: +28%
2. TRB: +12%
3. NULS: +9%
Top Losers
1. PSG: -16%
2. WIF: -10%
3. MDT: -9%
BINANCE FUTURES:
Top Gainers
1. TRBUSDT: +13%
2. IDEXUSDT: +9%
Top Losers
1. WIFUSDT: -10%
2. MDTUSDT: -9%
LARGEST VOLUME (24h)
1. BTC/USDT ($25500m)
2. ETH/USDT ($11700m)
DAILY OUTLOOK
FTT, TRB, and NULS emerge as the market's top gainers, while BTC experiences a correction after triggering stop losses above $65K. With decreasing volume and a rising BTC dominance (BTC.D), uncertainty pervades the market, and the next direction will likely become clearer after several candle closures.
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