Bitcoin

Ethereum

Solana

Avalanche

Injective

Today’s <a href="https://blockchainreporter.net/market/" rel="noopener noreferrer nofollow">market</a> session has started on a rather low note with the global market cap registering a decrease of less than 1% for the past 24 hours ahead of what has been a slow weekend. <a href="https://blockchainreporter.net/bitcoin-price/" rel="noopener noreferrer nofollow">BTC</a>, the crypto king, has seen a decrease of 1.5%, backtracking into the $29K level as the asset seems to be entering a correction zone.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/c812156fb25846c98aae5df555e2602f.png" />BTC 24-hour charts: Source | <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow">CoinMarketCap</a>However, the asset’s <a href="https://blockchainreporter.net/glossary/trading/" rel="noopener noreferrer nofollow">trading</a> volume has surged by 28% in the last twenty-four hours, which may be the outcome of selloffs that are contributing to today’s downturn.As the asset encounters resistance near the $2.1K mark, <a href="https://blockchainreporter.net/ethereum-price/" rel="noopener noreferrer nofollow">Ethereum</a> is also seeing a reasonably quiet day, with its price falling by less than 1% in the last 24 hours. This comes after the asset established a new ATH for the year during its current post-Shanghai rally, which has seen the asset gain a rise of over 12% for the week. This comes after the asset set a new ATH for the year.<h2 id="header-0">Altcoin analysis</h2><a href="https://www.bnbchain.org/en" rel="noopener noreferrer nofollow">BNB</a> looks to be in for a bullish day beginning today’s market session with a 3% rise throughout the next twenty-four hours as it boasts a weekly gain of 10%, and as of right now, the asset trades for $3.2. Additionally, the trading volume of the asset has grown by 47% in the last twenty-four hours, indicating greater activity in the network associated with the asset.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/85c2edafaa3f4994bf2de5d211246c44.png" />BNB 24-hour charts | Source: <a href="https://coinmarketcap.com/currencies/bnb/" rel="noopener noreferrer nofollow">CoinMarketCap</a><a href="https://blockchainreporter.net/solana-price/" rel="noopener noreferrer nofollow">Solana</a> also seems to be recovering well registering a 3.5% gain in 24 hours. <a href="https://www.avax.com/" rel="noopener noreferrer nofollow">Avalanche</a> also recorded a 6% increase in 24 hours as the asset also recorded a 175 increase for the week.Today’s top trending coin, <a href="https://injective.com/" rel="noopener noreferrer nofollow">Injective (INJ)</a>, has posted significant results for the day as well as gaining a 6.8% increase in price valuation at press time. The asset has also seen a 63% gain for the week as the asset also recorded an impressive 91% increase for the month ahead of its recent network upgrades.

BTC and ETH Kick off Slowly as BNB and SOL Recover

Table of Contents

BlockchainReporter

Other articles published on Apr 17, 2023

Masterchow is cooking up a virtual feast, with their Digital Collectibles launching in OneRare Fo...

Man Sentenced to Prison for Silk Road Bitcoin Fraud After Almost Decade-Long Chase

Nigerian app drivers’ union threatens million-man protest over Bolt and Uber’s plot to have their...

BabyDoge Hikes Over 50%; Will Binance List the Meme Coin?

Gravity Finance Launches Flagship Product Silos to Enhance DeFi Automation and Risk Management

U.S. House Financial Services Committee Unveils Draft Stablecoin Legislation: Key Insights

Join our free newsletter for daily crypto updates!