Binance Coin (BNB)Bitcoin Cash (BCH)Chainlink (LINK)Ethereum (ETH)Litecoin (LTC)NewsPrice Analysis

The Cryptocurrency Daily – Shakers and Movers

A day in the crypto market can lead to lots of variables. What does the volatile industry have for you today?

On Saturday, BTC – USD declined by 3.17%, reversing the Friday gain, 0.35%. At the day end, BTC had a value of $46,844.0.

However, the asset gained up to $50,737.0 today morning before declining. Keep in mind that BTC has fallen short of its $51,332 resistance level and broker the 23% Fibonacci retracement of $50,473.

With the reverse, BTC declined in value, trading at $46,644.0 low at the hour end.

Also, keep in mind that BTC slides under its $48,967 first major support level and $ 47,469-second support level.

However, regardless of the slide backs, bitcoin maintained its short-term bullish trend. The digital coin will have to slide over the 62% Fibonacci retracement of $27,237 to be bearish. That would result in a short-term bearish trend.

Other Financial Markets

What about other markets? All other major cryptocurrencies saw a mixed-up Saturday. As it is the nature of the market, fluctuations were all over.

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Cardano rose by 8.245, whereas XRP gained 6.22% to resist its day’s trend.

The rest major assets witnessed a bearish day.

Chainlink was the loser of the day, declining by 11.04%.

Here are some of the other products that declined:

Binance Coin (-6.62%)

Bitcoin Cash (-8.54%)

Ethereum (-10.56)

Litecoin (-8.07)

You will agree that most crypto assets are struggling at the moment. Polkadot (-3.07%) and coin (-4.53%) witnessed modest losses.

Keep in mind that the cryptocurrency total market capitalization rose to $2,577 billion on Wednesday before dropping to a low of $1,965 billion early on Thursday. When writing this, the total market capitalization stands at $2,162 billion.

Bitcoin has been fluctuating with highs and lows, dominating $0.88% when writing this.

Today Morning

When publishing this content, Bitcoin has a 1.08% rise to $47.352.0. Bitcoin started with fluctuations, falling to around $46,500 low in the early morning before rising to a $47429.0 high.

However, the Bitcoin changes did not interfere with the coin’s major resistance and support levels.

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 Ethereum leads the bullish trend, rising by %.78% when writing this content.

Eino Kinnunen (Finland)

Eino is a new writer for Tokenhell, he resides in Espoo, Finland and he has been a crypto journalist for over 3 years for various cryptocurrency news agencies.

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