January 20, 2024
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MARKET ANALYSIS:
Market Cap: $1.64 Trillion
24h Volume: $59.75 Billion
BTC Dominance: 49.8%
ETH Dominance: 18.2%
BINANCE ANALYSIS (USDT pairs):
Top Gainers
1. API3: +67%
2. UMA: +29%
3. PROS: +21%
Top Losers
1. STRAX: -14%
2. XEM: -13.5%
3. AUCTION: -8.5%
BINANCE FUTURES:
Top Gainers
1. API3USDT: +61%
2. UMAUSDT: +42%
Top Losers
1. STRAXUSDT: -14%
2. XEMUSDT: -13%
LARGEST VOLUME (24h)
1. BTC/USDT ($23.88B)
2. ETH/USDT ($10.54B)
DAILY OUTLOOK
API3, UMA, and PROS have emerged as the leading gainers in the market. BTC experienced a rebound after triggering stops below the previous low, accompanied by a significant surge in trading volume.
However, it's noteworthy that the CME gap remains unfilled, introducing an element of uncertainty. The potential for a continuation of the bullish momentum exists, either directly from the current levels or following the filling of the CME gap.
It is advisable to exercise caution until the market exhibits a clear and decisive direction. Stay vigilant and monitor developments closely before making any significant moves in this dynamic market environment.#binancemarket #marketanalysis #TrendingTopic #BTC #Launchpool $BTC