LIVEWhat's going on in the market?
▫️ The cryptocurrency market is greeting the morning with a slight gain; Bitcoin increased slightly in price overnight and is now trading around $42,750. Exchange trading volumes are still at low levels, but QryptoQuant notes a high level of over-the-counter trades, which may hint at whale accumulations. Against the growth is the growing DXY dollar index, which set a record three-month high.
▫️ Ether starts the morning a little more positively, having risen in price by 0.8%, the air stopped at $2310. Ether, like Bitcoin, is now in the accumulation zone, according to the same QryptoQuant, but ETH cannot boast of the same over-the-counter volumes as Bitcoin and so far the main growth driver for Ether remains the spot ETF.
▪️Bitcoin dominance: 52.62%
▪️Fear and greed index 63 (greed);
▪️Altseason index: 64;
▪️Market capitalization: $1.59 trillion.
