Bitcoin and Ethereum are on for a recovery run as the two look to reclaim their ATHs for the year. Sui records massive drops in today's bull market.
However, despite the rise, Bitcoin’s volatility levels remain high as the Bollinger bands are moving far from each other, representing the amount of whale activity on BTC’s network. The relative strength index indicator is now moving above its average line as it looks to cross above the overbought region.
Altcoin markets
Woo token dominates today’s top 100 tokens as it boasts a 24-hour gain of 12% as of press time. The asset’s trading volume has also seen a surge of 96% within the same period as the market cap went up by 12%. Woo was trading at $0.289 at press time.
Sui, number one on the trending list, seems to have consolidated a dire bearish momentum with the asset recording a decline of 69% in price valuation within 24 hours showing the amount of bear activity on Sui’s network.
Coming in at 3rd on the trending list is the Taboo token which had recorded an increase of 12% within 24 hours of trading as its trading volume also rose by 13% within the same period.
The Taboo token currently sits on a 22% weekly gain as the monthly gain stands at a notable 201%, displaying strong bull activity on the network.