Crypto Price Today Live: Bitcoin holds above $28,000; Solana, Dogecoin slip up to 3%

economictimes.indiatimes.com:

cryptocurrency markets were trading mixed on Friday. Bitcoin, Dogecoin and Solana were trading with cuts, while BNB, XRP and Tron were trading with gains. Bitcoin (BTC) fell 1.91% to $28,074, whereas Ethereum (ETH) was above the $1,800 level. BTC volume stood at approximately $19.14 billion, falling 17.89% in the last 24 hours. «Bitcoin was seen consolidating above the US$28,000 pivot level in the past 24 hours following a recent surge above the US$29,000 level. This consolidation could be due to the anticipation of the upcoming US GDP report,» Edul Patel, Co-founder and CEO at Mudrex, said. «There is a key bullish trend line forming with support near US$27,900. BTC’s immediate resistance now lies at the US$28,500 level and then US$ 28,850 zone. However, BTC has not yet acquired enough strength to make a sharp move but the key uptrend support remains intact,» Edul added.

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The total volume in DeFi is currently 4.44 billion, 10.21% of the total crypto market 24-hour volume. The volume of all stablecoins is now $38.58 billion, which is 88.73% of the total crypto market 24-hour volume. The global cryptocurrency market cap was trading lower around $1.18 trillion, falling 0.87% in the last 24 hours. The market cap of Bitcoin, the world's largest cryptocurrency, was around $543 billion. Bitcoin’s dominance is currently 46.17%, a decrease of 0.47% over the day, according to CoinMarketCap. «The current technical