Crypto Price Today: Bitcoin Above $27,000; Litecoin and Tron increase by more than 2%

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Cryptocurrency markets were trading higher on Friday ahead of US unemployment and nonfarm payrolls data. Bitcoin (BTC) rose 1.03% to $27,099, while Ethereum (ETH) was just below the $1,900 level.

BTC volume stood at around $14.58 billion, down 3.55% in the past 24 hours.

“Bitcoin traded near the $27,000 level as the market awaits the release of US Nonfarm Payrolls data today. The immediate support level for BTC is now $26,500, while resistance is at $27,200,” Edul Patel, Co-founder and CEO of Mudrex, said.

Other top crypto tokens were also trading higher. Litecoin and Tron jumped more than 2%. Meanwhile, BNB, XRP, Cardano, Polygon, and Polkadot also traded with gains. The global cryptocurrency market capitalization was trading at around $1.14 trillion, up 1.17% in the past 24 hours.

The market capitalization of Bitcoin, the largest cryptocurrency in the world, was around $525 billion. Bitcoin dominance is currently at 46%, down 0.07% on the day, according to CoinMarketCap. Total DeFi volume is currently $2.15 billion, or 7.18% of the total 24-hour crypto market volume. The volume of all stablecoins is now $27.55 billion, or 91.94% of the total 24-hour crypto market volume. Rajagopal Menon, Vice President of WazirX, said: “Major market oscillators indicate neutral sentiment. The Relative Strength Index (14), one of the key indicators, sits at 46, with a neutral outlook. The Stochastic %K (14, 3, 3) and the Average Directional Index (14) are at 44 and 20 respectively, further indicating a neutral market. “The MACD level (12, 26) at -166 indicates a buy. The Rapid Stochastic RSI (3, 3, 14, 14) is at 43 with a neutral indicator, while the Williams Percent Range (14) at 58 signals neutral” Menon added.

Crypto Cart: Quick Look

Bitcoin $27,098 1.02%

Ethereum $1,887 1.78%

Tether $1.00 0.02%

BNB $307 1.10%

XRP $0.516 2.02%

Cardano $0.3723 2.27%

Dogecoin $0.07211 0.79%

Polygon $0.903 1.47%

$21.01 1.89%

Litecoin $94.65 2.42%

Peas $5.27 0.79%

$0.07621 2.51%

Shiba Inus $0.0000085 0.26%

(Note: price change in the last 24 hours)

(Disclaimer: The recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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