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  • bitcoinBitcoin (BTC) $ 66,742.00
  • ethereumEthereum (ETH) $ 3,697.22
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 419.46
  • solanaSolana (SOL) $ 130.51
  • staked-etherLido Staked Ether (STETH) $ 3,688.59
  • xrpXRP (XRP) $ 0.645605
  • usd-coinUSDC (USDC) $ 0.999270
  • cardanoCardano (ADA) $ 0.770125
  • dogecoinDogecoin (DOGE) $ 0.182733
  • shiba-inuShiba Inu (SHIB) $ 0.000040
  • avalanche-2Avalanche (AVAX) $ 43.22
  • polkadotPolkadot (DOT) $ 10.73
  • tronTRON (TRX) $ 0.139629
  • chainlinkChainlink (LINK) $ 20.65
  • matic-networkPolygon (MATIC) $ 1.13
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 66,885.00
  • uniswapUniswap (UNI) $ 13.23
  • the-open-networkToncoin (TON) $ 2.73
  • bitcoin-cashBitcoin Cash (BCH) $ 445.30
  • internet-computerInternet Computer (ICP) $ 16.43
  • litecoinLitecoin (LTC) $ 90.27
  • ethereum-classicEthereum Classic (ETC) $ 37.65
  • filecoinFilecoin (FIL) $ 10.29
  • cosmosCosmos Hub (ATOM) $ 12.77
  • daiDai (DAI) $ 0.999740
  • leo-tokenLEO Token (LEO) $ 5.06
  • aptosAptos (APT) $ 12.39
  • optimismOptimism (OP) $ 4.50
  • nearNEAR Protocol (NEAR) $ 4.35
  • immutable-xImmutable (IMX) $ 3.15
  • stellarStellar (XLM) $ 0.151555
  • hedera-hashgraphHedera (HBAR) $ 0.126526
  • crypto-com-chainCronos (CRO) $ 0.160440
  • blockstackStacks (STX) $ 2.90
  • bittensorBittensor (TAO) $ 653.04
  • kaspaKaspa (KAS) $ 0.167038
  • injective-protocolInjective (INJ) $ 41.53
  • vechainVeChain (VET) $ 0.049567
  • okbOKB (OKB) $ 57.38
  • pepePepe (PEPE) $ 0.000007
  • mantleMantle (MNT) $ 0.966954
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997386
  • theta-tokenTheta Network (THETA) $ 3.09
  • lido-daoLido DAO (LDO) $ 3.43
  • arbitrumArbitrum (ARB) $ 2.11
  • the-graphThe Graph (GRT) $ 0.306752
  • celestiaCelestia (TIA) $ 17.10
  • render-tokenRender (RNDR) $ 7.34
  • moneroMonero (XMR) $ 149.80
  • bonkBonk (BONK) $ 0.000040
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,069.15
  • bitcoin-svBitcoin SV (BSV) $ 110.08
  • algorandAlgorand (ALGO) $ 0.253736
  • sei-networkSei (SEI) $ 0.800405
  • makerMaker (MKR) $ 2,164.82
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,800.20
  • beam-2Beam (BEAM) $ 0.037489
  • arweaveArweave (AR) $ 29.51
  • quant-networkQuant (QNT) $ 130.37
  • suiSui (SUI) $ 1.54
  • fantomFantom (FTM) $ 0.668636
  • bittorrentBitTorrent (BTT) $ 0.000002
  • flowFlow (FLOW) $ 1.23
  • ordinalsORDI (ORDI) $ 86.39
  • elrond-erd-2MultiversX (EGLD) $ 67.76
  • fetch-aiFetch.ai (FET) $ 1.74
  • aaveAave (AAVE) $ 117.59
  • thorchainTHORChain (RUNE) $ 5.68
  • dydx-chaindYdX (DYDX) $ 3.95
  • starknetStarknet (STRK) $ 2.22
  • galaGALA (GALA) $ 0.045846
  • the-sandboxThe Sandbox (SAND) $ 0.710081
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000073
  • flare-networksFlare (FLR) $ 0.043724
  • axie-infinityAxie Infinity (AXS) $ 10.86
  • havvenSynthetix Network (SNX) $ 4.56
  • dogwifcoindogwifhat (WIF) $ 1.51
  • mina-protocolMina Protocol (MINA) $ 1.36
  • ecasheCash (XEC) $ 0.000075
  • apecoinApeCoin (APE) $ 2.35
  • chilizChiliz (CHZ) $ 0.155380
  • flokiFLOKI (FLOKI) $ 0.000137
  • tezosTezos (XTZ) $ 1.48
  • axelarAxelar (AXL) $ 2.23
  • neoNEO (NEO) $ 18.41
  • true-usdTrueUSD (TUSD) $ 0.999991
  • kucoin-sharesKuCoin (KCS) $ 13.23
  • decentralandDecentraland (MANA) $ 0.688466
  • bitget-tokenBitget Token (BGB) $ 0.904368
  • eosEOS (EOS) $ 1.11
  • whitebitWhiteBIT Coin (WBT) $ 8.46
  • tokenize-xchangeTokenize Xchange (TKX) $ 15.09
  • heliumHelium (HNT) $ 8.36
  • corgiaiCorgiAI (CORGIAI) $ 0.003681
  • dydxdYdX (ETHDYDX) $ 3.94
  • iotaIOTA (IOTA) $ 0.362071
  • conflux-tokenConflux (CFX) $ 0.303704
  • jasmycoinJasmyCoin (JASMY) $ 0.023073
  • frax-etherFrax Ether (FRXETH) $ 3,657.42
  • singularitynetSingularityNET (AGIX) $ 0.868481
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000188
  • oasis-networkOasis Network (ROSE) $ 0.161443
  • worldcoin-wldWorldcoin (WLD) $ 7.42
  • woo-networkWOO (WOO) $ 0.585830
  • kavaKava (KAVA) $ 0.969399
  • klay-tokenKlaytn (KLAY) $ 0.297993
  • gnosisGnosis (GNO) $ 401.40
  • blurBlur (BLUR) $ 0.700927
  • osmosisOsmosis (OSMO) $ 1.60
  • cheeleeCheelee (CHEEL) $ 17.69
  • pyth-networkPyth Network (PYTH) $ 0.658792
  • akash-networkAkash Network (AKT) $ 4.27
  • wemix-tokenWEMIX (WEMIX) $ 2.67
  • swethSwell Ethereum (SWETH) $ 3,829.81
  • ethereum-name-serviceEthereum Name Service (ENS) $ 29.60
  • curve-dao-tokenCurve DAO (CRV) $ 0.795553
  • astarAstar (ASTR) $ 0.159615
  • roninRonin (RON) $ 2.92
  • dymensionDymension (DYM) $ 6.07
  • msolMarinade staked SOL (MSOL) $ 152.72
  • nervos-networkNervos Network (CKB) $ 0.019003
  • pancakeswap-tokenPancakeSwap (CAKE) $ 3.33
  • nexoNEXO (NEXO) $ 1.47
  • jupiter-exchange-solanaJupiter (JUP) $ 0.600605
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,970.62
  • enjincoinEnjin Coin (ENJ) $ 0.566114
  • ethena-usdeEthena USDe (USDE) $ 0.999994
  • manta-networkManta Network (MANTA) $ 3.11
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,914.88
  • illuviumIlluvium (ILV) $ 117.33
  • ribbon-financeRibbon Finance (RBN) $ 0.788737
  • usddUSDD (USDD) $ 0.998515
  • gatechain-tokenGate (GT) $ 5.43
  • holotokenHolo (HOT) $ 0.004070
  • ondo-financeOndo (ONDO) $ 0.497514
  • bitcoin-goldBitcoin Gold (BTG) $ 40.00
  • rocket-poolRocket Pool (RPL) $ 34.41
  • 1inch1inch (1INCH) $ 0.602250
  • frax-shareFrax Share (FXS) $ 8.92
  • apenftAPENFT (NFT) $ 0.00000068
  • coredaoorgCore (CORE) $ 0.747570
  • fraxFrax (FRAX) $ 0.995453
  • compound-governance-tokenCompound (COMP) $ 94.50
  • xdce-crowd-saleXDC Network (XDC) $ 0.046264
  • superfarmSuperVerse (SUPER) $ 1.42
  • theta-fuelTheta Fuel (TFUEL) $ 0.096233
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.48
  • golemGolem (GLM) $ 0.613957
  • ocean-protocolOcean Protocol (OCEAN) $ 1.02
  • iotexIoTeX (IOTX) $ 0.062898
  • skaleSKALE (SKL) $ 0.114269
  • lido-staked-solLido Staked SOL (STSOL) $ 152.32
  • stepnGMT (GMT) $ 0.339411
  • zilliqaZilliqa (ZIL) $ 0.033299
  • celoCelo (CELO) $ 1.09
  • qtumQtum (QTUM) $ 5.49
  • metis-tokenMetis (METIS) $ 107.81
  • altlayerAltLayer (ALT) $ 0.516647
  • terra-luna-2Terra (LUNA) $ 0.828751
  • gmxGMX (GMX) $ 57.24
  • siacoinSiacoin (SC) $ 0.009487
  • fasttokenFasttoken (FTN) $ 1.74
  • casper-networkCasper Network (CSPR) $ 0.044964
  • zetachainZetaChain (ZETA) $ 2.24
  • echelon-primeEchelon Prime (PRIME) $ 14.82
  • tether-goldTether Gold (XAUT) $ 2,128.96
  • chiaChia (XCH) $ 51.77
  • kujiraKujira (KUJI) $ 4.11
  • zcashZcash (ZEC) $ 34.03
  • compound-wrapped-btccWBTC (CWBTC) $ 1,340.76
  • kusamaKusama (KSM) $ 55.82
  • compound-ethercETH (CETH) $ 74.34
  • basic-attention-tokenBasic Attention (BAT) $ 0.327862
  • origintrailOriginTrail (TRAC) $ 1.26
  • kadenaKadena (KDA) $ 1.89
  • gasGas (GAS) $ 7.37
  • dashDash (DASH) $ 40.94
  • aelfaelf (ELF) $ 0.679471
  • loopringLoopring (LRC) $ 0.379180
  • arkhamArkham (ARKM) $ 2.39
  • radixRadix (XRD) $ 0.044925
  • stader-ethxStader ETHx (ETHX) $ 3,736.72
  • mask-networkMask Network (MASK) $ 4.84
  • ethereum-pow-iouEthereumPoW (ETHW) $ 4.23
  • livepeerLivepeer (LPT) $ 14.70
  • memecoin-2Memecoin (MEME) $ 0.047505
  • nemNEM (XEM) $ 0.050279
  • desoDecentralized Social (DESO) $ 42.39
  • pixelsPixels (PIXEL) $ 0.567516
  • nosanaNosana (NOS) $ 5.20
  • moonbeamMoonbeam (GLMR) $ 0.513331
  • convex-financeConvex Finance (CVX) $ 5.23
  • magaMAGA (TRUMP) $ 9.15
  • neutron-3Neutron (NTRN) $ 1.52
  • harmonyHarmony (ONE) $ 0.033910
  • aleph-zeroAleph Zero (AZERO) $ 1.35
  • ankrAnkr Network (ANKR) $ 0.040734
  • audiusAudius (AUDIO) $ 0.334820
  • decredDecred (DCR) $ 25.07
  • pax-goldPAX Gold (PAXG) $ 2,080.46
  • api3API3 (API3) $ 3.82
  • rollbit-coinRollbit Coin (RLB) $ 0.138566
  • ravencoinRavencoin (RVN) $ 0.029010
  • oec-tokenOKT Chain (OKT) $ 21.47
  • hytopiaHytopia (TOPIA) $ 0.076425
  • dexeDeXe (DEXE) $ 6.62
  • 0x0x Protocol (ZRX) $ 0.443722
  • safepalSafePal (SFP) $ 0.812132
  • aragonAragon (ANT) $ 9.36
  • portal-2Portal (PORTAL) $ 2.24
  • biconomyBiconomy (BICO) $ 0.521109
  • strideStride (STRD) $ 4.14
  • justJUST (JST) $ 0.041195
  • xai-blockchainXai (XAI) $ 1.31
  • umaUMA (UMA) $ 4.61
  • centrifugeCentrifuge (CFG) $ 0.752865
  • wavesWaves (WAVES) $ 3.54
  • magicMagic (MAGIC) $ 1.36
  • vethor-tokenVeThor (VTHO) $ 0.004791
  • pocket-networkPocket Network (POKT) $ 0.214547
  • yearn-financeyearn.finance (YFI) $ 10,502.24
  • sushiSushi (SUSHI) $ 1.81
  • liskLisk (LSK) $ 2.50
  • zelcashFlux (FLUX) $ 1.01
  • band-protocolBand Protocol (BAND) $ 2.48
  • project-galaxyGalxe (GAL) $ 3.29
  • nxmNexus Mutual (NXM) $ 77.94
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • bone-shibaswapBone ShibaSwap (BONE) $ 1.29
  • terrausdTerraClassicUSD (USTC) $ 0.036269
  • threshold-network-tokenThreshold Network (T) $ 0.033773
  • iconICON (ICX) $ 0.328062
  • paal-aiPAAL AI (PAAL) $ 0.491057
  • jito-governance-tokenJito (JTO) $ 2.72
  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 49.07
  • cartesiCartesi (CTSI) $ 0.403741
  • cotiCOTI (COTI) $ 0.200909
  • tellorTellor Tributes (TRB) $ 119.19
  • chromawayChromia (CHR) $ 0.388795
  • ontologyOntology (ONT) $ 0.337542
  • balancerBalancer (BAL) $ 5.48
  • pendlePendle (PENDLE) $ 3.08
  • mx-tokenMX (MX) $ 2.98
  • helium-mobileHelium Mobile (MOBILE) $ 0.003493
  • raydiumRaydium (RAY) $ 1.14
  • waxWAX (WAXP) $ 0.084071
  • swipeSXP (SXP) $ 0.482893
  • linkFINSCHIA (FNSA) $ 37.00
  • amp-tokenAmp (AMP) $ 0.005052
  • coin98Coin98 (C98) $ 0.395677
  • aioz-networkAIOZ Network (AIOZ) $ 0.259669
  • myroMyro ($MYRO) $ 0.281304
  • iexec-rlciExec RLC (RLC) $ 3.78
  • space-idSPACE ID (ID) $ 0.633081
  • alexgoALEX Lab (ALEX) $ 0.390133
  • seedify-fundSeedify.fund (SFUND) $ 4.31
  • wrapped-centrifugeWrapped Centrifuge (WCFG) $ 0.754267
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,802.26
  • 0x0-ai-ai-smart-contract0x0.ai: AI Smart Contract (0X0) $ 0.302475
  • ecomiECOMI (OMI) $ 0.000982
  • mantra-daoMANTRA (OM) $ 0.330371
  • smooth-love-potionSmooth Love Potion (SLP) $ 0.006430
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.052203
  • dao-makerDAO Maker (DAO) $ 1.12
  • synapse-2Synapse (SYN) $ 1.35
  • ssv-networkSSV Network (SSV) $ 36.11
  • bitkub-coinBitkub Coin (KUB) $ 2.89
  • victoria-vrVictoria VR (VR) $ 0.042017
  • digibyteDigiByte (DGB) $ 0.015230
  • rif-tokenRSK Infrastructure Framework (RIF) $ 0.254700
  • swissborgSwissBorg (BORG) $ 0.257746
  • autonolasAutonolas (OLAS) $ 5.23
  • stratisStratis (STRAX) $ 1.60
  • big-timeBig Time (BIGTIME) $ 0.492698
  • beldexBeldex (BDX) $ 0.040302
  • vvs-financeVVS Finance (VVS) $ 0.000006
  • polymeshPolymesh (POLYX) $ 0.237477
  • edu-coinOpen Campus (EDU) $ 0.919540
  • tectumTectum (TET) $ 32.54
  • myriaMyria (MYRIA) $ 0.014373
  • moonriverMoonriver (MOVR) $ 26.57
  • numeraireNumeraire (NMR) $ 37.41
  • covalentCovalent (CQT) $ 0.367029
  • bitcoin-avalanche-bridged-btc-bBitcoin Avalanche Bridged (BTC.b) (BTC.B) $ 67,048.00
  • oraichain-tokenOraichain (ORAI) $ 14.57
  • guildfiGuildFi (GF) $ 0.424752
  • songbirdSongbird (SGB) $ 0.015545
  • mog-coinMog Coin (MOG) $ 0.00000060
  • iostokenIOST (IOST) $ 0.012129
  • marlinMarlin (POND) $ 0.027783
  • alephiumAlephium (ALPH) $ 3.06
  • paypal-usdPayPal USD (PYUSD) $ 0.999471
  • oasysOasys (OAS) $ 0.120660
  • wen-4Wen ($WEN) $ 0.000223
  • dentDent (DENT) $ 0.002337
  • reserve-rights-tokenReserve Rights (RSR) $ 0.004375
  • tribe-2Tribe (TRIBE) $ 0.480429
  • sleepless-aiSleepless AI (AI) $ 1.68
  • lukso-token-2LUKSO (LYX) $ 7.25
  • orcaOrca (ORCA) $ 4.31
  • pandoraPandora (PANDORA) $ 21,071.00
  • bloxBlox (CDT) $ 0.342613
  • telcoinTelcoin (TEL) $ 0.002648
  • coq-inuCoq Inu (COQ) $ 0.000003
  • yield-guild-gamesYield Guild Games (YGG) $ 0.676769
  • prometeusProm (PROM) $ 11.29
  • venusVenus (XVS) $ 13.00
  • paxos-standardPax Dollar (USDP) $ 0.999283
  • gains-networkGains Network (GNS) $ 5.97
  • gxchainGXChain (GXC) $ 2.71
  • winkWINkLink (WIN) $ 0.000209
  • spell-tokenSpell (SPELL) $ 0.001445
  • telosTelos (TLOS) $ 0.488643
  • joeJOE (JOE) $ 0.586090
  • statusStatus (SNT) $ 0.050321
  • orbsOrbs (ORBS) $ 0.046250
  • syscoinSyscoin (SYS) $ 0.254639
  • olympusOlympus (OHM) $ 12.00
  • nanoNano (XNO) $ 1.48
  • power-ledgerPowerledger (POWR) $ 0.376401
  • vulcan-forgedVulcan Forged (PYR) $ 8.15
  • smardexSmarDex (SDEX) $ 0.023862
  • boraBORA (BORA) $ 0.195382
  • creditcoin-2Creditcoin (CTC) $ 0.600290
  • heroes-of-maviaHeroes of Mavia (MAVIA) $ 6.43
  • dogelon-marsDogelon Mars (ELON) $ 0.00000035
  • insureinSure DeFi (SURE) $ 0.007135
  • secretSecret (SCRT) $ 0.691748
  • ultimaUltima (ULTIMA) $ 7,828.44
  • wilder-worldWilder World (WILD) $ 0.678045
  • constellation-labsConstellation (DAG) $ 0.062223
  • hooked-protocolHooked Protocol (HOOK) $ 1.36
  • lcxLCX (LCX) $ 0.238072
  • auctionBounce (AUCTION) $ 28.38
  • arkARK (ARK) $ 1.03
  • vanar-chainVanar Chain (VANRY) $ 0.130757
  • agoras-currency-of-tauAgoras: Currency of Tau (AGRS) $ 10.12
  • zencashHorizen (ZEN) $ 12.36
  • genesysgo-shadowShadow Token (SHDW) $ 1.13
  • pepeforkPepeFork (PORK) $ 0.00000054
  • hivemapperHivemapper (HONEY) $ 0.207073
  • celer-networkCeler Network (CELR) $ 0.032039
  • chainflipChainflip (FLIP) $ 8.28
  • huobi-tokenHuobi (HT) $ 1.15
  • my-neighbor-aliceMy Neighbor Alice (ALICE) $ 2.03
  • nymNym (NYM) $ 0.250833
  • radiant-capitalRadiant Capital (RDNT) $ 0.393602
  • gelatoGelato (GEL) $ 0.725587
  • cudosCudos (CUDOS) $ 0.025901
  • hiveHive (HIVE) $ 0.413938
  • liquityLiquity (LQTY) $ 1.81
  • ergoErgo (ERG) $ 2.32
  • hashflowHashflow (HFT) $ 0.473974
  • maverick-protocolMaverick Protocol (MAV) $ 0.682688
  • omisegoOMG Network (OMG) $ 1.21
  • noia-networkSyntropy (NOIA) $ 0.217538
  • metars-genesisMetars Genesis (MRS) $ 2.00
  • commune-aiCommune AI (COMAI) $ 2.56
  • metalMetal DAO (MTL) $ 2.56
  • crown-by-third-time-gamesCrown by Third Time Games (CROWN) $ 1.55
  • alchemix-usdAlchemix USD (ALUSD) $ 0.983481
  • multibitMultibit (MUBI) $ 0.175872
  • origin-etherOrigin Ether (OETH) $ 3,683.88
  • stader-maticxStader MaticX (MATICX) $ 1.24
  • arcblockArcblock (ABT) $ 1.65
  • everipediaIQ (IQ) $ 0.008973
  • osaka-protocolOsaka Protocol (OSAK) $ 0.00000021
  • ongOntology Gas (ONG) $ 0.430037
  • dodoDODO (DODO) $ 0.267038
  • huobi-btcHuobi BTC (HBTC) $ 17,688.26
  • trias-tokenTriasLab (TRIAS) $ 15.81
  • humans-aiHumans.ai (HEART) $ 0.030391
  • bluzelleBluzelle (BLZ) $ 0.363581
  • dkargodKargo (DKA) $ 0.044923
  • wazirxWazirX (WRX) $ 0.336463
  • crvusdcrvUSD (CRVUSD) $ 0.992687
  • dusk-networkDusk (DUSK) $ 0.335562
  • nakamoto-gamesNakamoto Games (NAKA) $ 2.35
  • delysiumDelysium (AGI) $ 0.239989
  • toshiToshi (TOSHI) $ 0.000360
  • opsecOpSec (OPSEC) $ 1.61
  • tensetTenset (10SET) $ 0.888897
  • alpha-financeStella (ALPHA) $ 0.171115
  • gemini-dollarGemini Dollar (GUSD) $ 0.998495
  • pundi-x-2Pundi X (PUNDIX) $ 0.571512
  • chaingptChainGPT (CGPT) $ 0.352213
  • stargate-financeStargate Finance (STG) $ 0.714213
  • mass-vehicle-ledgerMVL (MVL) $ 0.005962
  • steemSteem (STEEM) $ 0.316092
  • milk-allianceMiL.k Alliance (MLK) $ 0.418058
  • rss3RSS3 (RSS3) $ 0.227596
  • alchemy-payAlchemy Pay (ACH) $ 0.028781
  • mapleMaple (MPL) $ 18.07
  • liquity-usdLiquity USD (LUSD) $ 0.995537
  • playdappPlayDapp (PLA) $ 0.244585
  • gitcoinGitcoin (GTC) $ 2.31
  • dora-factory-2Dora Factory (DORA) $ 0.140012
  • world-mobile-tokenWorld Mobile Token (WMT) $ 0.256591
  • loom-network-newLoom Network (NEW) (LOOM) $ 0.113631
  • kyber-network-crystalKyber Network Crystal (KNC) $ 0.811769
  • snekSnek (SNEK) $ 0.001910
  • xyo-networkXYO Network (XYO) $ 0.010023
  • gamefiGameFi.org (GAFI) $ 12.59
  • verasityVerasity (VRA) $ 0.013372
  • mediblocMedibloc (MED) $ 0.016532
  • guild-of-guardiansGuild of Guardians (GOG) $ 0.251485
  • stasis-eursSTASIS EURO (EURS) $ 1.09
  • gmt-tokenGomining Token (GMT) $ 0.315475
  • ordiswap-tokenOrdiswap (ORDS) $ 0.250506
  • stp-networkSTP (STPT) $ 0.068290
  • shrapnel-2Shrapnel (SHRAP) $ 0.303694
  • cortexCortex (CTXC) $ 0.599277
  • alethea-artificial-liquid-intelligence-tokenArtificial Liquid Intelligence (ALI) $ 0.037902
  • btse-tokenBTSE Token (BTSE) $ 0.807000
  • agoricAgoric (BLD) $ 0.201218
  • saucerswapSaucerSwap (SAUCE) $ 0.215794
  • bakerytokenBakerySwap (BAKE) $ 0.447918
  • acalaAcala (ACA) $ 0.132858
  • energy-web-tokenEnergy Web (EWT) $ 2.59
  • adventure-goldAdventure Gold (AGLD) $ 1.65
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Classic bearish chart pattern forms for Bitcoin as BTC price tumbles to $32K

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Classic bearish chart pattern forms for Bitcoin as BTC price tumbles to $32K

Bitcoin (BTC) bulls should look for a cover, at least as far as chart technicals are concerned.

The flagship cryptocurrency continued its price declines into the new weekly session, hitting $32,105 ahead of the London opening bell following a circa 10% intraday drop. In doing so, it raised the prospect of retesting its quarter-to-date low of $30,000 for either a bearish breakdown or a bullish pullback.

Classic bearish chart pattern forms for Bitcoin as BTC price tumbles to $32K

Bitcoin consolidates between $30,000 and $42,000. Source: TradingView.com

But as traders grapple with the ongoing medium-term bias conflict in the Bitcoin market, one classic technical pattern has surfaced to boost a bearish outlook.

The cup has turned

Spotted by Keith Wareing, an independent market analyst, the so-called “Inverse Cup and Handle” structure points to an extended downside price correction ahead in the Bitcoin market. In detail, the pattern develops when an asset forms a large crescent shape as it rallies higher and corrects lower, followed by a less extreme, upward rebound.

Traders look at the Inverse Cup and Handle pattern as their cue to open short positions to target deeper levels. The most extreme bearish target, in such a case, is determined by measuring the distance between the cup’s top and the pattern’s breakout level.

Meanwhile, traders typically spot breakout levels when the price breaks out from the handle pattern to the downside while accompanied by higher volumes.

Classic bearish chart pattern forms for Bitcoin as BTC price tumbles to $32K

Bitcoin Inverse Cup and Handle formation hints bearish breakout is ahead. Source: Keith Wareing, TradingView.com

Based on the chart provided by Wareing, Bitcoin’s recent price action — ranging from its pump to nearly $65,000 followed by a dump to $30,000 and a retracement to $40,000 — almost checks all the boxes that confirm the presence of an Inverse Cup and Handle structure.

Except, the Bitcoin price still awaits a bearish breakout.

Back in play pic.twitter.com/aqLVazTK8J

— Keith Wareing (@officiallykeith) June 21, 2021

The depressive Bitcoin setup appeared as traders assessed the Federal Reserve’s hawkish reversal on interest rates and inflation. Last week, the U.S. central bank signaled that it could raise benchmark lending rates by the end of 2023 instead of 2024 to tame the rising inflation.

James Bullard, one of the Fed officials, said separately on Friday that the central bank could raise rates by as early as 2022. 

Fed chair Jerome Powell also said in a press conference on Wednesday that his office would move to discuss reducing the $120bn worth of monthly asset purchases it had started in March 2020.

Bitcoin and other pandemic winners, including gold and Wall Street stock indexes, fell in tandem owing to the Fed’s hawkish tones. Meanwhile, the U.S. dollar index, which measures the greenback’s strength against a pool of top foreign currencies, rose to its two-month high, suggesting a renewed appetite for cash among investors.

More bearish outlooks emerge

The latest Bitcoin price plunge also took cues from reports of China’s deepening crackdown on crypto mining farms in the region. The state-backed newspaper Global Times reported that authorities in Sichuan ordered miners to wind down their operations.

Sichuan is home to China’s second-largest crypto mining community. The latest ban means that 90% of China’s mining capacity, which makes 75% of the global computing supply, has probably gone offline, noted Global Times.

Bitcoin hash rate dropped to its November 2020 low following the China crackdown story. 

Classic bearish chart pattern forms for Bitcoin as BTC price tumbles to $32K

Bitcoin hash rate drops to 140.3 EH/s for the first time in six months. Source: Blockchain.info

Dr. Jeff Rose, the founder andCEO of Vailshire Capital Management, said that he expects Bitcoin to stay weak for the next 1-3 weeks, fearing liquidation at the end of Chinese miners.

Nevertheless, he added that the cryptocurrency’s macro outlook remains bullish as long as it holds key technical targets above 12- and 48-month moving averages.

Classic bearish chart pattern forms for Bitcoin as BTC price tumbles to $32K

Bitcoin’s breakdown below 12-month moving average risks wiping its market valuation by more than 50%. Source: Dr. Jeff Rose, TradingView.com

Bitcoin’s 48-month moving average is currently around the $13,000 level.

Source

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