Today’s Cryptocurrency Market: Bitcoin Surges above $25,900 with BNB and Dogecoin Following Suit, Gaining up to 5%
The cryptocurrency market saw a surge in trading on March 19, with Bitcoin (BTC) increasing 5.45% to $25,906 and Ethereum (ETH) surpassing the $1,700 mark. The global cryptocurrency market cap was trading at about $1.11 trillion and other top-performing cryptocurrencies included BNB, Polygon, Dogecoin, Solana and Shiba Inu. The total volume in DeFi was 5.31 billion, or 7.97% of the total crypto market 24-hour volume. The volume of all stablecoins was $63.35 billion, equivalent to 94.99% of the total crypto market 24-hour volume. The market cap of Bitcoin was about $499.16 billion and its dominance stood at 44.84%, increasing by 0.63% over the day, according to CoinMarketCap. Experts predicted that the Bitcoin price remains volatile and could reach $31,000 if it manages to break the resistance level at $26,200. Major market oscillators point to a neutral sentiment, with the Relative Strength Index sitting at 66.50 and the Stochastic %K and the Average Directional Index indicating a neutral outlook as well at 78.49 and 26.46, respectively. The MACD Level indicated a buy, while the Stochastic RSI Fast and the Williams Percent Range continued to be neutral.
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