Ethereum Falls Below This Key Level; Mina, Maker Among Top Losers
Portfolio Pulse from Lisa Levin
Bitcoin (BTC) and Ethereum (ETH) traded lower, with ETH falling below the key $1,800 mark. The global crypto market cap fell to $1.26 trillion, a 24-hour decline of 0.9%. Pepe (PEPE) was the top gainer over the past 24 hours, while Mina (MINA) was the biggest loser. Other notable losers include Maker (MKR), Uniswap (UNI), and Compound (COMP).
October 25, 2023 | 1:41 pm
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NEGATIVE IMPACT
Bitcoin traded lower but remained above the $34,000 level.
Despite trading lower, Bitcoin's ability to stay above the $34,000 level could indicate a potential resistance at this price point.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Ethereum fell below the key $1,800 mark.
Ethereum's fall below the key $1,800 mark indicates a bearish trend which could negatively impact its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Mina was the biggest loser, with a 24-hour drop of 25%.
Mina's significant 24-hour drop indicates a strong bearish trend which could continue to negatively impact its price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100