Bitcoin

Litecoin

Dogecoin

Ethereum

Metal DAO

TRON

Cardano

XDC Network

Polygon

UNUS SED LEO

Solana

Today’s market seems to have taken a bearish momentum as the global market cap recorded a 2.5% drop within a day to take the total cap to $1.1T as of press time. <a href="https://blockchainreporter.net/bitcoin-price/" rel="noopener noreferrer nofollow">Bitcoin (BTC)</a> is now facing huge resistance at the $27K mark as bears now look to dominate the crypto king’s network.Trading at $26.3K, BTC had seen a drop in valuation of 2.2% as the weekly drop also stood at 1.9% as of press time. BTC had a market cap of $510,798,172,042 as its circulating supply stood at 19,395,937 BTC as of press time.Bitcoin’s volatility levels are rather stable as the Bollinger bands now move at a closer distance to each other indicating reduced volatility. The relative strength index indicator is however moving below its average line, indicating a bearish trend on Bitcoin as bears push for the oversold region.The MACD indicator is also now moving on the negative side, signaling a bearish trend on the network, as activity on BTC’s market places the asset as the top most trending asset on CoinMarketCap.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/ac51d7c8c9c4473d83ead6471a241808.png" />BTC 1-day chart | Source: <a href="https://www.tradingview.com/chart/zhJr3zVm/?symbol&#61;BITSTAMP%3ABTCUSD" rel="noopener noreferrer nofollow">TradingView</a><h2 id="header-0">Altcoin analysis</h2><a href="https://blockchainreporter.net/ethereum-price/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> is also having a rather tough session as the asset records a 2.4% drop in valuation within 24 hours of trading to take its price to $1836 as of press time. ETH has a current trading volume of $7,192,611,939 as the circulating supply also stands at 120,230,939 ETH.Other <a href="https://blockchainreporter.net/altcoins/" rel="noopener noreferrer nofollow">altcoins</a> are also in for a tough session with <a href="https://blockchainreporter.net/ripple-price/" rel="noopener noreferrer nofollow">Ripple (XRP)</a>, Cardano (ADA), Dogecoin (DOGE), <a href="https://blockchainreporter.net/solana-price/" rel="noopener noreferrer nofollow">Solana (SOL)</a>, Polygon (MATIC), and Litecoin (LTC) all recording tremendous losses of 3%,6%, 3.4%, 8.5%, 5.8% and 3.4% within a day of trading as Tron (TRX), saw mild gains of 0.7%.Metal Dao (MTL), ranking as the second most trending asset, is today’s top looser after recording a 41% drop in valuation within a day of trading to take its price to $1.1791 as of press time, with a trading volume of 373.43M and a market cap of 78.52M.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/48785a02e0e541cfb3a2afbd266fb9c1.png" />MTL 1-day chart | Source: <a href="https://coinmarketcap.com/community/search/top/metal/" rel="noopener noreferrer nofollow">CMC</a>Despite the bearish trend, XDC Network (XDC), has seen minor gains of 2% within the same period to take its price to $0.03441 with a market cap of $476,362,694 and a trading volume of $2,315,079, representing a 13% increase, as the asset ranks at #79 on CoinMarketCap.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/b63047369d954263828e34324c4aa744.png" />XDC 1-day chart | Source: <a href="https://coinmarketcap.com/currencies/xinfin/" rel="noopener noreferrer nofollow">CMC</a>Another notable gainer in today’s session is UNUS SED LEO (LEO), which has seen a 0.5% gain within 24 hours to take its price to $3.52 as of press time, with a circulating supply of 930,173,817 LEO.

Markets Dip Again as XDC Defies the Odds with Minor Gains

Markets Dip Again as XDC Defies the Odds with Minor Gains

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