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Bitcoin (BTC) markets posted modest gains at the beginning of the March 29 trading session as traders sought stability above $28,000, a psychological support andresistance level.
At the time of writin BTC's price changed hands for over $28,450, its highest level in two weeks.
the bulls are unlikely to give up the $25,000 support without putting up a fight.
Bitcoin remains pinned below $27,000, and the recent weakness of the past few days has increased calls from analysts for a fall to the low $20,000 levels.
Despite BTC’s positive performance throughout the past day, it was not enough to flip the crypto’s weekly or monthly performances back into the green.
The crypto market leader, Bitcoin (BTC) earned itself a spot on CoinMarketCap’s trending list after a 0.91% price increase over the past 24 hours.
This rise indicates a growing trend of accumulation among addresses holding over 0.1% of the total Ethereum supply.
the collective holdings of ETH whales have surged to 30.07 million ETH, marking a significant increase from 26.56 million ETH recorded earlier this year.
The market intelligence platform, IntoTheBlock, took to Twitter earlier this morning to announce that the amount of Ethereum (ETH) whales is on the rise.
Technical indicators suggested that there was a lot of sell pressure present and AXS’s price would drop in the next 48 hours.
The altcoin was also able to flip the resistance level at $6.85 earlier in today’s trading session.
Axie Infinity (AXS) was able to print a 2.78% gain over the past 24 hours.
the PEPE market cap has come crashing down to roughly $665 million, a 65% decline.
Earlier in May, the market capitalization of Pepecoin (PEPE) — a cryptocurrency inspired by the popular internet meme Pepe the Frog — had soared to $1.8 billion.
Although PEPE is experiencing accelerated growth in terms of its market value per holder, the meme coin still has some ground to make up before it can overtake SHIB as the second-largest meme coin. The recent price movements of both cryptos have put this milestone even further out of PEPE’s reach as well.
Over the past 24 hours, SHIB’s price had dropped 1.39%. Despite this, it was still able to outperform PEPE, which experienced a 7.07% loss during this same period. As a result, SHIB was trading at $0.000008694 and PEPE was changing hands at $0.000001571. This comes after the total meme coin market cap dropped 0.59% and stood at $17,215,390,025.