cryptocurrency markets were trading higher on Friday ahead of US unemployment and non-farm payroll data. Bitcoin (BTC) rose 1.03% to $27,099, whereas Ethereum (ETH) was just below the $1,900 level. BTC volume stood at approximately $14.58 billion, falling 3.55% in the last 24 hours. «Bitcoin traded close to the US$27,000 level as the market awaits the release of the US non-farm payroll data today. The immediate support level for BTC is now at US$26,500, while resistance is at US$27,200,» Edul Patel, Co-founder and CEO at Mudrex, said. Other top crypto tokens were also trading higher. Litecoin and Tron surged by over 2%. Meanwhile, BNB, XRP, Cardano, Polygon and Polkadot also traded with gains. The global cryptocurrency market cap was trading higher around $1.14 trillion, rising 1.17% in the last 24 hours.
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View Details »The market cap of Bitcoin, the world's largest cryptocurrency, was around $525 billion. Bitcoin’s dominance is currently 46%, a decrease of 0.07% over the day, according to CoinMarketCap. The total volume in DeFi is currently $2.15 billion, 7.18% of the total crypto market 24-hour volume. The volume of all stablecoins is now $27.55 billion, which is 91.94% of the total crypto market 24-hour volume. Rajagopal Menon, Vice President at WazirX said, «Major market oscillators point toward a Neutral sentiment. The Relative Strength Index (14), one of the key indicators, sits at 46, with a neutral outlook.
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