Buyers bolster BTC underneath all-time high as Ethereum 2.0 launches

Today’s edition of OKEx Insights’ Crypto Market Daily covers Bitcoin, Ethereum, altcoins and DeFi.

The price of Bitcoin ( BTC) has seen some volatility as it makes a bid to sustain a new all-time high. The market-leading cryptocurrency is down 1.2% over the past 24 hours but up nearly 2% over the past hour, as of the time of this writing. Altcoins, meanwhile, have mostly sustained losses.

The total cryptocurrency market capitalization is down 1.3% to $580,434,057,377, as per data from CoinGecko. BTC dominance is now 61.6%.

Traditional markets are, in the bigger picture, maintaining their bullish sentiment in the midst of an ongoing pandemic and economic uncertainty in the “real economy.” Some market analysts have even claimed that the markets look a lot like the end of 2009 — the start of a 10-year bull run — with “a very promising outlook for the next five to 10 years.”

Top altcoin gainers and losers

• GTO/USDT +24.06%
• SUSHI/USDT +21.70%
• IQ/USDT +11.23%
• DNA/USDT -15.09%
• AAC/USDT -16.08%
• LMCH/USDT -26.89%

There are some bigger and well-known names among the top performers on OKEx this morning. SushiSwap’s SUSHI token has seen a gain of over 20%, while Everipedia ( IQ) is battling Civic ( CVC) and ELF for the third spot.

Visit https://www.okex.com/ for the full report.

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Buyers bolster BTC underneath all-time high as Ethereum 2.0 launches was originally published in OKEx Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.