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Traders and Investors Are Bullish on These Two Altcoins


  • The global crypto market cap is currently up 0.02% over the last 24 hours.
  • Santiment tweeted that traders have lost interest in BTC, BNB and ADA.
  • There is euphoria around XRP and ETH.

The global crypto market cap is slightly up over the last 24 hours according to the crypto market tracking website, CoinMarketCap. At press time, the global crypto market cap is up 0.02% to stand at $824.17 billion. BTC’s dominance in the market is up 0.02% over the last 24 hours, and now stands at 39.60%.

Santiment tweeted today the market caps of all of the coins in the crypto market have been “bouncing very much in independent directions.”

The tweet added that there is currently “euphoric crowd sentiment” for Ripple (XRP) and Ethereum (ETH), and that traders are less interested in Bitcoin (BTC), Binance Coin (BNB) and Cardano (ADA). Historically, projects with bearish sentiment perform better on average, the tweet concluded.

The prices of XRP and ETH have both dropped over the last 24 hours. At press time, XRP is trading at $0.3408 following a 0.48% drop in price. ETH’s price stands at $1,263.84 after its dropped 0.13% over the last 24 hours.

Meanwhile, the prices of BTC, BNB and ADA are up. Currently, BTC’s price is up 0.04%, taking its price to $16,948.68. BNB is trading at $260.99 after a slight, 0.06% rise. ADA’s price is up 0.21% over the last 24 hours, which has elevated its price to $0.2773 at press time.

Daily chart for BTC/USDT (Source: CoinMarketCap)

Currently, BTC’s price is trading above the 9-day EMA line, but is struggling to overcome the resistance level at $16,926.20.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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