Crypto Price Today: Bitcoin slips at $27,800; XRP, Solana climb up to 4%

economictimes.indiatimes.com:

cryptocurrency markets were trading mixed on Tuesday. XRP, Solana, and Litecoin were trading with gains, while Bitcoin, Ethereum, and BNB were trading with cuts. Bitcoin (BTC) fell 0.71% to $27,805, whereas Ethereum (ETH) was just above the $1,900 level. BTC volume stood at approximately $12.73 billion, falling 20.53% in the last 24 hours. "Bitcoin price started a decent increase above the US$28,000 resistance zone on Monday. However, it has since declined by over 1% and is trading at the US$27,700 level. An upside break above US$28,000 might send the price toward BTC's next resistance at US$28,500. If BTC's price fails to clear the US$28,000 renaissance, it could continue to move downwards towards US$27,580," Edul Patel, Co-founder and CEO at Mudrex, said. The total volume in DeFi is currently $2.24 billion, 8.05% of the total crypto market 24-hour volume. The volume of all stablecoins is now $25.50 billion, which is 91.76% of the total crypto market 24-hour volume.

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The global cryptocurrency market cap was trading lower around $1.16 trillion, falling 0.43% in the last 24 hours. The market cap of Bitcoin, the world's largest cryptocurrency, was around $539 billion. Bitcoin’s dominance is currently 46.54%, a decrease of 0.16% over the day, according to CoinMarketCap. «The current market price of Bitcoin is around $28,000, while the 50-day EMA is placed at $27,700, indicating an overbought market. If