Bitcoin has started the week posting minor losses. At press time, the largest cryptocurrency by market cap is trading at $9,549 (-0.32%), according to CoinMarketCap.
Chart of the USD/BTC trading pair from EXANTE
For its part, Ethereum has grown to $238.03 (+0.27%), while XRP has grown by 0.57% and is now trading at $0.204.
FxPro's team of analysts say:
"The $9,500 level has become a new hot spot for Bitcoin's lateral trend. Since May 28, the largest crypto by market cap has registered few changes in anticipation of new triggers. The ability of buyers to keep Bitcoin close to the $10,000 level could be seen as good news.
Over the past month, Bitcoin has made several attempts to reach the $10,000 barrier, however, it has not yet succeeded. The greed and fear index has risen by 9 points from last week, reaching 50 points and moving into the 'neutral' area. According to the standards of the past few months, this is a fairly high indicator, which, without the presence of new positive triggers, could lead to new sales.
The RSI is also in the 'neutral' area. Bitcoin prevents the accumulation of pressure and keeps struggling against the global downward trend, however, the chances of significant growth are getting smaller."
According to CoinMarketCap’s ranking, 7 currencies on the top 10 are in green.
As for the market cap of all currencies listed in CoinMarketCap, it stays at $269,426,204,887.
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