Markets are on slight bear activity today, with the global market cap sitting 0.2% below its previous 24-hour mark, as the total cap stands at $1.61T as of press time. The fear and greed index is 71, as greed dominates markets. The global trading volume is 9% down in 24 hours, at $58.5B as of press time.
Bitcoin Price Analysis
Bitcoin (BTC) is riding on minor bear activity, as the *BTC* stood at $42.9K as of press time after recording a daily decrease of 0.1% and a weekly rise of 4.4%. As a result of the Bitcoin price, the token’s trade volume dropped by 17% during the same period and is presently at $21.3B.
The Bollinger bands are far apart, showing high volatility levels on the Bitcoin price. The Relative Strength Index (RSI) is still below the average line, showing bear dominance on the Bitcoin price.
Ethereum Price Analysis
Ethereum (ETH) is also riding on bear activity, as the *ETH* stood at $2,216 as of press time after recording a daily decrease of 1.3% and a weekly rise of 2%. As a result of the Ethereum price, the token’s trade volume dropped by 4% during the same period and is presently at $10.1B.
The Bollinger bands are far, showing high volatility levels on the Ethereum price. The Relative Strength Index (RSI) is still below the average line, showing bear dominance on the Ethereum price.
Sei Price Analysis
Despite today’s bear market, Sei (SEI) is riding on bull activity, as the Sei price stood at $0.3714 as of press time after recording a daily increase of 9.5% and a weekly rise of 65%. As a result of the Sei price, the token’s trade volume jumped by 21% during the same period and is presently at $835M.
The Bollinger bands are diverging, showing high volatility levels on the Sei price. The Relative Strength Index (RSI) is above the average line in the overbought region, showing bull dominance on the Sei price.
Streamr Price Analysis
Streamr (DATA) is today’s top gainer, as the Streamr price stood at $0.088 as of press time after recording a daily increase of 65% and a weekly rise of 202%. As a result of the Streamr price, the token’s trade volume jumped by 644% during the same period and is presently at $363M.
The Bollinger bands are diverging, showing high volatility levels on the Streamr price. The Relative Strength Index (RSI) is above the average line in the overbought region, showing bull dominance on the Streamr price.
Injective Price Analysis
Injective (INJ) is also riding on bull activity, as the Injective price stood at $42 as of press time after recording a daily increase of 5.5% and a weekly rise of 71%. As a result of the Injective price, the token’s trade volume dropped by 5% during the same period and is presently at $533M.
The Bollinger bands are diverging, showing high volatility levels on the Injective price. The Relative Strength Index (RSI) is above the average line in the overbought region, showing bull dominance on the Injective price.
Source: https://blockchainreporter.net/daily-analysis-btc-eth-sei-data-inj/