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Top 10 coins by CoinMarketCapMeanwhile, the market capitalization has increased by around $3 billion over the last day.
Cryptocurrency market capitalization
BTC/USD chart by TradingViewOn the hourly chart, Bitcoin (BTC) has made a false breakout of the $25,000 mark. However, buyers are keeping the pressure on, which means that there is a high chance of seeing a fixation above $25,000.
BTC/USD chart by TradingViewOn the bigger time frame, a retest of the closest support at around $24,300 may occur. The low liquidity at the current levels might be a signal for a further correction.
BTC/USD chart by TradingViewOn the daily chart, the chief crypto is already located in the overbought area, which means that a correction might occur soon. The declining buying trading volume implies a potential drop.
