Bitcoin Rises But Remains Below This Key Level; XDC Network Emerges As Top Gainer
Portfolio Pulse from Lisa Levin
Bitcoin and Ethereum traded higher but remained below key levels of $26,000 and $1,700 respectively. XDC Network was the top gainer over the past 24 hours, while Synthetix was the biggest loser. The global crypto market cap rose to $1.04 trillion, recording a 24-hour gain of 0.5%.
September 08, 2023 | 2:01 pm
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NEGATIVE IMPACT
Synthetix was the biggest loser over the past 24 hours.
Synthetix's significant drop over the past 24 hours could indicate a bearish trend for the asset in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEUTRAL IMPACT
Bitcoin traded higher but remained below the key $26,000 level.
Bitcoin's price movement is a key indicator of the overall health of the crypto market. Despite the increase, it remains below a key level, indicating potential resistance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Ethereum traded higher but remained below the key $1,700 level.
Ethereum's price movement is also a key indicator of the overall health of the crypto market. Despite the increase, it remains below a key level, indicating potential resistance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100