Bitcoin Moves Lower; Toncoin, Mantle Among Top Losers
Portfolio Pulse from Lisa Levin
Bitcoin (BTC) traded lower, below the $26,000 level, while Ethereum (ETH) edged higher but remained below the $1,700 mark. Conflux (CFX) was the top gainer over the past 24 hours, while Toncoin (TON) was the biggest loser. The global crypto market cap fell to $1.04 trillion, a 24-hour decline of 0.3%.
September 05, 2023 | 1:33 pm
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NEGATIVE IMPACT
Bitcoin traded lower, below the $26,000 level.
Bitcoin's price movement is a key indicator of the overall health of the cryptocurrency market. Its decline could indicate a bearish trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Uniswap saw a 24-hour drop of 2.5%.
Uniswap's drop over the past 24 hours suggests a bearish trend for this cryptocurrency.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEUTRAL IMPACT
Ethereum edged higher but remained below the $1,700 mark.
Ethereum's slight increase suggests a potential recovery, but its failure to cross the $1,700 mark indicates that it's still facing resistance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Conflux was the top gainer over the past 24 hours.
Conflux's significant gain over the past 24 hours suggests a bullish trend for this cryptocurrency.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Polygon saw a 24-hour gain of 3.6%.
Polygon's gain over the past 24 hours suggests a bullish trend for this cryptocurrency.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Neo saw a 24-hour gain of 4.2%.
Neo's gain over the past 24 hours suggests a bullish trend for this cryptocurrency.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
THORChain saw a 24-hour gain of 3.7%.
THORChain's gain over the past 24 hours suggests a bullish trend for this cryptocurrency.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100