Stock Groups

Profit taking and Bitcoin consolidation give bears an opportunity to take control -Breaking

[ad_1]

Bears have the opportunity to control their destiny by taking profits and consolidating Bitcoins

While the crypto market cap reached $2.23 trillion at its peak on April 3, that was just 1.9% more than it did between March 28-April 4. This time (BTCHowever, ) had a negative performance of 2.6%. This was offset more by gains from altcoins.

Source: TradingView TradingView

However EtherETH BNBAlthough the cryptocurrency gained less that 3% in the last seven days than it did over recent weeks, only a few mid-capitalization altcoins were able to rally 20% and higher.

Weekly winners and losers from the top 80 coins Source: Nomics
(USDT) peer-to-peer vs. . Source: OKX
On April 4, the accrued perpetual futures funding rates Source: Coinglass