The cryptocurrency market has seen a mixed day of trading on March 30th, 2023. Bitcoin (BTC) was trading at $29,093 while Ethereum (ETH) was trading at $1,822, according to CoinMarketCap.

The market cap of the cryptocurrency market increased by 2.16% to $1182 billion, and the spot volume rose by 19.32% to $48.03 billion in the last 24 hours. Bitcoin dominance also rose by 0.61% to 46.46%, and ETH dominance stood at 18.6%.

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In terms of total liquidations, more than $126.6 million was liquidated in the last 24 hours, affecting 38,654 traders. The largest liquidation order took place on Bybit, worth $2.33 million.

CryptoQuant’s data suggests that BTC is likely to continue its bullish trend. It’s impressive to see how the combination of on-chain data and technical analysis, specifically Fibonacci numbers, can be so effective.

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The 61.8% level is often referred to as the “golden number,” and it’s fascinating to watch how these numbers are being respected by the market. In my opinion, based on this analysis, we are currently experiencing a bullish movement. This can be attributed to a significant supply profit, which is driving the market upward.

Some of the top gainers in the last 24 hours include Krypton DAO (KRD), SXP (SXP), Nexa (NEXA), DSLA Protocol (DSLA), and Coin98 (C98). The greed and fear index currently stands at 60, indicating greed among traders.

Algorand has launched a new developer toolkit, AlgoKit, to help developers transition to Web3. The AlgoKit is designed to help build Web3 applications on the Algorand protocol, a blockchain layer-1 ecosystem.

Meanwhile, the total reserves of Binance remain high despite the recent lawsuit from the CFTC. According to data from Nansen, the balance on the Binance chain is currently at $64 billion, with USDT, BTC, ETH, BUSD, and BNB being the largest holdings, accounting for around 81% of the exchange’s total balance.

Overall, the cryptocurrency market appears to be holding steady, with mixed trading in different areas. The partnership between Algorand and Binance could be a positive development for the industry, and the ongoing bullish movement of Bitcoin is certainly something to keep an eye on.

#CryptoWatch #crypto2023 #Bitcoin #BTC #azcoinnews

This article was republished from azcoinnews.com

In the world of cryptocurrency, the market on April 7th, 2023, shows some interesting statistics. Bitcoin (BTC) is currently priced at $28,039, while Ethereum (ETH) is at $1,875. The total market cap is $1,185 billion, which represents a decrease of 0.16% from the previous day.

In the past 24 hours, the trading volume has decreased by 15.58% to $35.68 billion. The BTC dominance is at 45.1%, showing a slight increase of 0.15%, while ETH dominance is at 19.1%.

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Within the last 24 hours, there were over $48.7 million in total liquidations, with 21,518 traders being affected. Bybit, a cryptocurrency exchange, saw the largest order liquidated at $936.20 million. Meanwhile, the ETH gas stands at 26 Gwei.

According to Santiment, a blockchain analytics platform, traders are transacting at a loss at twice the rate of profit. This is the first time this ratio has been negative in five weeks, indicating that traders who were eagerly buying into the rally are now giving up on it.

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On the other hand, there are some top gainers in the last 24 hours. Radiant (RXD) increased by 35.1%, Taboo (TABOO) by 29.6%, Ontology (ONT) by 22.6%, Somnium Space CUBEs (CUBE) by 21.7%, and Flashstake (FLASH) by 21.1%.

The greed and fear index currently sits at 64, indicating a high level of greed in the market. This is a measure of the emotions and sentiments of traders, where higher values indicate more greed and lower values indicate more fear.

Some news articles surrounding the cryptocurrency market include Shiba Inu (SHIB), which has seen a massive 70% decrease in its total value locked (TVL) since reaching its all-time high. Shark Tank investor Kevin O’Leary also revealed that he is still investing in cryptocurrency, with Bitcoin being his top performer in the past year. Additionally, the Cardano Foundation reported that there were 64 million transactions in March, a 2.96% increase from the previous month.

In summary, the cryptocurrency market on April 7th, 2023, is showing a mix of positive and negative indicators. While there are some top gainers, there has been a decrease in the total market cap and trading volume. The sentiment among traders is currently leaning towards greed, and there have been some interesting developments in certain coins such as Shiba Inu and Cardano. It remains to be seen how the market will continue to evolve in the coming days and weeks.

#crypto2023 #CryptoWatch #BTC #ETH #azcoinnews

This article was republished from azcoinnews.com

Attention $ETH Traders 🚀
🔍 #Ethereum is still on its journey, having not reached a new all-time high yet. Keep an eye on ETH for potential moves ahead!
Stay tuned for updates. 🧐
#CryptoWatch #BullorBear #BinanceLaunchPool🔥
$BTC