Hello Sublime Traders 👋
Here's your daily dose of crypto market insights and analysis for 05/05/23 🗓
📈 BTC Price Tendency 📈
Current price: $29.218
24h Change: 🔼 1.0%
7d Change: 🔼 0.58%
🌐 Market Cap 🌐
Total Market Cap:🔼 $1,205,477,547,217
BTC Dominance:🔼 47% stable
📰 Notable Events 📰
🌟 After the FED announcement of 0.25% BP increase as well as the ECB doing the exact same thing, we have a pausing period on macro events until the 10th may where the US is going to announce the inflation rate.
On the crypto side we have some new interesting listings : PEPE and FLOKI are listing on Binance, good or bad, this is an event in the memecoin world. With $PEPE up almost 94% and $FLOKI 117% , the two meme coins absolutely exploded.
🧠 Top Gainers :
PEPE: 🔼 97.34%
FLOKI: 🔼 55.71%
WOO: 🔼 5.86%
🧠 Top losers :
OP: 🔽 -5.55%
STX: 🔽 -4.72%
RNDR: 🔽 -4.29%
🧠 Altcoin Spotlight: PEPE, FLOKI, DOT, CRV
🧠 Technical Analysis:
https://www.tradingview.com/chart/HOhzqLKo/
#BTC is looking stable with a slight bullish stance on the 4h chart. Still trading in the range we drew several days ago and no heavy volume push going on at the moment.
The altcoin market cap seems to be stabilized and heading higher with the support area holding for a 6th time, this leads us to expect that the altcoins will soon pump again IF #BTC doesn't do anything nasty.
https://www.tradingview.com/x/z08RnWj8/
Stay tuned for more market insights and analysis tomorrow. 🔔
Trade Safe! 💰💹
