Cryptocurrency Market And Bitcoin Report To Celebrate The Weekend

For this weekend, the beers are paid by us. We know you’ll be asking why but we really won’t tell you.


For now we want to tell you that we leave the news for the weekly summary. Then in the following lines of text we want to tell you how the market will celebrate the end of the week.

Total Market Capitalization And Sentiment

We have a little consolidation. Then over the last 24 hours, total market capitalization dipped back down again around ~$221.5 billion to ~$219.5 billion, with most coins seeing either gains or losses in the ~1–3% range, and according to coinmarketcap.


Seems like the market is seeming some consolidation at these levels, following the large market downturn we saw late last month. 24-hour volume registered ~$49.8 billion, pretty much at average levels for the week.


Sentimental indicators show us the low interest of people in investing in cryptocurrencies. 

Bitcoin And Dominance

Bitcoin is currently trading around ~$8,190, down ~1.15% over yesterday. 


More consolidation going on at these levels for BTC as well. It will be interesting to see if Bitcoin can hold this $8,000 range and $8410, a level it faced some difficulty breaking to the upside of in May — June this year.

On the daily chart, the 50-day EMA line has crossed to the downside of the 100-day EMA line, and RSI is at ~29 (indicative of strong bearish momentum).


On the other hand, analyzing the dominance of Bitcoin, we see that it has been slowly falling in recent weeks. For now, around 69% remain.

See you in the next story. With Love 💛, Rubikators Team.

Do you really love this article? please don’t forget to clap, tip and comment below to continue producing more content like this.

Join the mailing list to get Rubikator’s latest insights every week.

Receive all notifications for upcoming articles & news, trade strategies, market reports and the best signals for Bitmex and Binance in our Official Trade Room In Telegram.

Follow us on RedditTwitterFacebookMediumPublish0x, & Instagram.

We have a special giveaway for this week, participate now.

Any question, please write to e-mail or write to our support in Telegram