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Bitcoin price today is stable at $20,000; Ether, Dogecoin Rising

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Cryptocurrency price today: Cryptocurrency markets saw a slight recovery on Thursday, July 7, although their sentiment remained in an area of ​​intense fear. The encryption On the day, the market rose slightly on all major currencies which showed an increase in their values, including Bitcoin, Ethereum, Solana and others. All of this made the global cryptocurrency market head towards $920 million, after dropping below the $900 million mark just a few days ago.

The global cryptocurrency market cap is seen in green today, rising by 1.98 percent in the past 24 hours. The global cryptocurrency market cap is $918.08 billion at the time of writing. Meanwhile, the volume of the cryptocurrency market on the other hand has seen a decline of more than 17 percent over the past day, according to data from CoinMarketCap. The size of the crypto market was at $55.28 billion at the time of writing this article.

Bitcoin held comfortably above $20,000 levels on Thursday. Today’s Bitcoin price has recorded a value of $2,0372.67 at the time of writing, a slight increase of 1.78 percent over the past day. That is, in the past seven days, the price of Bitcoin has increased by about 2 percent.

“Bitcoin has been in a slight bullish trend for the past four days, closing above $20,500 in the past day. Crypto market sentiment remains in “extreme fear” territory, although significantly improved from last week. BTC daily trend continues In a move within a descending channel pattern, the next resistance is expected at $32,300 and the next major support is expected at $14,000.”

Meanwhile, today’s Ether price has seen a huge jump, approaching the $1,200 level. At the time of writing this article, the price of Ethereum is standing at $1,166.98, which is a 3.13 percent increase over the past 24 hours.

“Ethereum jumped more than 6 percent yesterday, approaching the $1,200 level. ETH versus Bitcoin has gained marginal gains in the past two days with Bitcoin dominance remaining neutral around 43 percent. ETH-BTC weekly chart continues to cross a bullish channel pattern, trading At support levels, the weekly RSI for ETH-BTC is in an uptrend approaching 40. The next major support for ETH-BTC is expected at 0.046 and the next resistance is expected at 0.076.”

Here are the top 10 cryptocurrencies and their prices on July 7, 2022, Thursday, (according to data from coinmarketcap.com)

Bitcoin 20372.67 USD, or 1.78 percent gain in the last 24 hours

Ethereum $1166.98 or 3.13 percent over the past 24 hours

Tie $0.9991 or 0.01 percent profit in the last 24 hours

USD Coin 1.00 USD or 0.03% loss in the last 24 hours

BNB $236.76 or 1.64% gain in the last 24 hours

Binance gains $1.00 or 0.03 percent over the past 24 hours

XRP 0.3301 USD or 1.94 percent gain in the last 24 hours

Cardano is $0.4642, or 1.49 percent, a gain in the last 24 hours

Solana $36.63 or 2.24 percent gain in the past 24 hours

Dogecoin $0.06821 or 1.17 percent over the past 24 hours

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