Today, the global market cap has declined by 0.8%, leaving the total at $1.09T. Bitcoin (BTC) has seen a drop of 0.21%, with its price currently at $27,89K. Meanwhile, Ethereum (ETH) has experienced a minor 0.1% increase in value, bringing its current price to $1,629, and Bancor (BNT) has gone up 0.01% with its price currently at $0.6117. The Basic Attention Token (BAT) has increased significantly by 2.8%, with current value at $0.1776, and COTI (COTI) has witnessed an increase of 11.9%, priced at $0.04382. As can be seen, volatility levels have increased on all listed crypto assets. The Relative Strength Index (RSI), which determines whether an asset is overbought or oversold, shows a bullish effect on all but one asset (BAT), where it exhibits a bearish effect. This suggests that the market is still likely to move in an upwards direction.

Overall, the market is still highly neutral, as the fear and greed index remains at 46. Most cryptos have experienced small corrections over the past week, so the market seems to have yet to make a larger move. Regardless, analysts suggest that because of the indicators, it is likely that the market will see a bullish effect and the cryptos will move further up throughout the week.



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