Bitcoin has started the last day of the workweek with a positive dynamic. At press time, the largest cryptocurrency by market cap is trading at $47,302.58 (+0.73%), according to CoinMarketCap.
Chart of the USD/BTC trading pair from EXANTE
For its part, Ether is up to $3,121.48 (+0.71%), while Cardano has risen by 1.28% and is now trading at $2.61.
The euphoria observed in the crypto market over the past two weeks was disrupted yesterday, when buyers' attempt to push the crypto up to $50,000 met with strong opposition that resulted in the BTC price plummeting to $46,457, a level from which it has recovered today back above the psychological barrier of $47,000.
In this context, the cryptocurrency greed and fear index stands at 71 points in the "greed" area, while the Bitcoin dominance index remains at 44.1%, reflecting investors are also putting their money into altcoins, which is always good for the market.
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 $2,016,097,106,242.
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