Bitcoin

Litecoin

Ethereum

Cardano

Polygon

Solana

Render

MultiversX

Arbitrum

Today’s <a href="https://blockchainreporter.net/market/" rel="noopener noreferrer nofollow">crypto markets</a> are portraying bull flags with the global market cup recording a 1.5% increase within 24 hours to take the cap count to $1.20T as of press time. <a href="https://blockchainreporter.net/bitcoin-price/" rel="noopener noreferrer nofollow">BTC</a>, now a glance away from reclaiming the $30K mark, had recorded a 2.7% increase within the same period, as the asset’s weekly gain recovers with a 1% increase.The asset’s <a href="https://blockchainreporter.net/glossary/trading/" rel="noopener noreferrer nofollow">trading</a> volume recorded an increase of over 85% within the same period as the asset’s volatility moves in a steady manner with the bollinger bands maintaining a close distance.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/e4e5449022a641648ba5fc14f170ea97.png" />BTC 1-day chart | source: <a href="https://www.tradingview.com/chart/zhJr3zVm/?symbol&#61;BITSTAMP%3ABTCUSD" rel="noopener noreferrer nofollow">TradingView</a>The relative strength index has also crossed above its moving average, portraying the amount of bull activity happening on BTC’s network.<a href="https://blockchainreporter.net/ethereum-price/" rel="noopener noreferrer nofollow">Ethereum</a> has also consolidated a bull run as the asset gained 2.55 in price valuation within the same period. ETH has reclaimed the $1.9k mark as the asset pushes to go back above the $2K mark.<h2 id="header-0">Altcoin analysis</h2>As BTC and ETH look to dominate back the crypto markets, <a href="https://blockchainreporter.net/altcoins/" rel="noopener noreferrer nofollow">altcoins</a> are also on for a good market day with some of the renowned ones recording significant raises within the same period. With <a href="https://blockchainreporter.net/ripple-price/" rel="noopener noreferrer nofollow">Ripple</a> recording a 0.9% decrease within 24 hours, Cardano is dominating today’s altcoin market, recording an increase of 3.4% within the same period as off-press time.ADA is coming back from a weekly drop of 1.8%, as the altcoin recovers from what has been a <a href="https://blockchainreporter.net/glossary/bear-market/" rel="noopener noreferrer nofollow">bear market</a> for the last few days. The asset’s trading volume had also recorded a 94% increase within the same period, as the asset traded at $0.41.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/1899051c493a4f1aa5d0d4f1445edac5.png" />ADA 1-day chart | Source: <a href="https://coinmarketcap.com/currencies/cardano/" rel="noopener noreferrer nofollow">CoinMarketCap</a><a href="https://blockchainreporter.net/solana-price/" rel="noopener noreferrer nofollow">Solana</a>, <a href="https://blockchainreporter.net/polkadot-price/" rel="noopener noreferrer nofollow">DOT</a>, and LTC all recorded mild losses within the same period as MATIC boasts a 1% gain as it recovers from the recent corrections witnessed in the market that saw its price drop by 7% in valuation within one week according to CoinMarketCap data.The <a href="https://blockchainreporter.net/btc-and-eth-recover-as-sol-and-rndr-dominate-todays-session/" rel="noopener noreferrer nofollow">Render Token continued to dominate for a second consecutive day</a> as it recorded a 14% within the same period it also sits on a weekly gain of 19.5%. Render token’s trading volume had also recorded an increase of 110% within 24 hours of trading, as the asset traded at $2.36 as of press time. RNDR is now ranked 7th on the trending list.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/1899051c493a4f1aa5d0d4f1445edac5.png" />RNDR 1-day chart | Source: <a href="https://coinmarketcap.com/currencies/render-token/" rel="noopener noreferrer nofollow">CoinMarketCap</a><a href="https://multiversx.com/" rel="noopener noreferrer nofollow">MultiversX (EGLD)</a> was today’s top 100 as the asset boasts a 22% increase within 24 hours, with its trading volume recording a 6705 increase within the same period. EGLD now ranks as the second most trending coin on CoinMarketCap behind <a href="https://arbitrum.io/" rel="noopener noreferrer nofollow">Arbitrum</a>, which leads the pack with a 4.3% gain within 24 hours as it recovers from its 25% weekly loss.

BTC and ETH Recover as RNDR and EGLD Dominate Today’s Session

BTC and ETH Recover as RNDR and EGLD Dominate Today’s Session

Table of Contents

BlockchainReporter

Other articles published on Apr 27, 2023

HEX Price Prediction 2030

Bitcoin Emerges As Safe-Haven Asset With Correlation To Gold At 2-Year High

Senators delay crypto anti-money laundering bill to attract cosponsors

Seoul prosecutors allege $100 million in Swiss bank account linked to Terra co-founder Do Kwon

DeFi Aggregator OpenOcean Integrates zkSync to Accelerate Its Expansion in ZK-Rollups

Apple's 30% Commission Challenged in California Court by Epic Games

Join our free newsletter for daily crypto updates!