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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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
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