The cryptocurrency market was mixed on Tuesday. Bitcoin, Ethereum, XRP, and Cardano posted gains, while BNB, Litecoin, Polkadot, and Solana saw some declines.

Bitcoin (BTC) is up 1.17% to $31,021 while Ethereum (ETH) remains below the $1,950 level. In the last 24 hours, BTC volume amounted to approximately $ 16.17 billion, showing an increase of 47.24%.
The mixed trend in the market continues
Shivam said, “In the last 24 hours, the total volume of the crypto market has seen an extraordinary increase of $37.82 billion, marking an impressive 25.34% growth. In particular, the DeFi sector made a contribution of $2.94 billion, accounting for 7.78% of the total market volume.”
Thakral, CEO of BuyUcoin, said:
“The fact that Bitcoin has crossed the $31,000 mark due to an enthusiastically received Bitcoin ETF application further fuels optimism and interest in the cryptocurrency market.”
The global cryptocurrency market cap was traded around $1.22 trillion, up 0.97% in the last 24 hours. The market capitalization of Bitcoin, the world's largest cryptocurrency, amounted to approximately $ 602 billion. According to CoinMarketCap, Bitcoin's dominance has increased by 0.18% on the day, currently reaching 49.56%.
“It has been almost two weeks since BTC was traded in the $30 – $31.5K range,” said Shubham Hudda, CoinSwitch Senior Manager. The stability of BTC points to the weakening dominance of the bears.”
Vikram Subburaj, CEO of Giottus Crypto Platform, said, “Bitcoin needs to surpass the $32,400 resistance for its rally to continue. A rally towards the $35,000 target could also represent a local top. BTC dominance is consolidating over 51% and could reverse at this point.”
#BountyCreator# #GateioBountyCreator# #ContentStar# #GateioTurns10#