The dominant cryptocurrency was weaker than the usual volume of bidding, and the descending trend in price over the past 24 hours.
Bitcoin falls below 98 thousand dollars. USA when dominance rises
Bitcoin (BTC) is traded at the level of 97 102 US dollars at the time of reporting, after over the past 24 hours ranges from 96,174.83 to 99,168.61 US dollars. Cryptocurrency remains in a descending trend, last week it is reduced by 0.94% and 8.33% over the past week, which reflects wider market uncertainty.
Despite the recent fall, Bitcoin market capitalization is at 1.92 trillion. BTC dominance increased to 61% in accordance with the market capitalization of coins, noting an increase of 4.55%, signaling that investors shift capital from altcoins and bitcoins.
Futures market and liquidation
Bitcoin -open interest in the level of $ 58.68 billion. The United States, although, according to the indicators of CINGLASS, it showed a small decrease by 1.40% over the past 24 hours. Meanwhile, the elimination of bitcoins over the last day amounted to 41.78 million dollars. USA, and $ 26.19 million. The United States comes from long positions and 15.59 million dollars. The United States from shorts, which indicates a few cautious moods.
A weaker trade volume
Data on the market capitalization of coins show a decrease in the volume of trading in bitcoins, which has fallen to $ 46.34 billion over the past 24 hours, which indicates a weaker market involvement. But with an increase in the dominance of BTC and the futures positions stable, traders are still closely monitoring key levels, since the leading crypto -acts move during this period of volatility.
