BTC bores during uneventful weekend, consolidates under all-time high

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

The price of Bitcoin (BTC) is still trading around the same level as it was on Friday and throughout the end of last week, with very little notable price action to speak of. As of press time, the market-leading cryptocurrency is trading at 19,215 USDT on OKEx and is up approximately 0.8% over the past 24 hours across global cryptocurrency exchanges.

Major altcoins have also seen inconsequential price action over the same time span, with the total cryptocurrency market capitalization up a mere 0.3% to just under $580 billion. BTC dominance is currently 61.7%.

As new cases of COVID-19 and lockdown measures to stem the increasing numbers of deaths are intensifying in the United States and Europe, Dow Jones, S&P 500 and Nasdaq futures declined slightly last night. Traditional-market participants will watch to see how markets react to vaccinations in the United Kingdom — and, potentially, the U.S. — this week.

Top altcoin gainers and losers

• MCO/USDT +32.92%
• JFI/USDT +32.33%
• ROAD/USDT +19.57%
• DNA/USDT -15.35%
• ITC/USDT -16.99%
• SBTC/USDT -18.00%

The top performers on OKEx over the past 24 hours have seen greater gains than the worst performers have seen losses. MCO and JFI are currently battling for the top spot.

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

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BTC bores during uneventful weekend, consolidates under all-time high was originally published in OKEx Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.