Bitcoin Rises Above This Key Level; Algorand Emerges As Top Gainer
Portfolio Pulse from Lisa Levin
Bitcoin (BTC) and Ethereum (ETH) traded higher, with BTC surpassing the key $29,500 level and ETH trading above the $1,800 mark. Algorand (ALGO) was the top gainer over the past 24 hours, while Rocket Pool (RPL) was the biggest loser. The global crypto market cap rose to $1.18 trillion, recording a 24-hour gain of 1.4%.
August 08, 2023 | 1:39 pm
News sentiment analysis
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NEGATIVE IMPACT
Rocket Pool was the biggest loser over the past 24 hours.
Rocket Pool's price decrease indicates a negative market sentiment which could lead to further price decreases in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Algorand was the top gainer over the past 24 hours.
Algorand's price increase indicates a positive market sentiment which could lead to further price increases in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Bitcoin traded higher, surpassing the key $29,500 level.
Bitcoin's price increase indicates a positive market sentiment which could lead to further price increases in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Ethereum traded higher, surpassing the key $1,800 level.
Ethereum's price increase indicates a positive market sentiment which could lead to further price increases in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100