Bitcoin and Ethereum are leading the uptrend. Because among the top 10 cryptocurrencies, BTC and ETH are the crypto assets that have seen the most value increase since yesterday. With the continuation of the upward momentum, there is a change in the market perception. The Bitcoin Fear and Greed index was in the fear zone at the level of 40 yesterday, and entered the neutral zone by rising to the level of 47 today.
Bitcoin price saw a steady rise above the $43,500 resistance area and it broke the $44,000 resistance area. BTC could also surpass $45,000 if the bulls hold the price above the $44,500 level. The next major resistance is near the $46,500 level where the bears could emerge. On the downside, the price could find support near the $43,800 level. The next major support is near $43,500, below which the price could gain bullish momentum.
Ethereum price surpassed the $3,080 resistance. ETH also climbed above the $3,170 level, increasing the chances of a rise towards $3,220. If there is a downside correction, the price could find bids near $3,080. The next major support is near the $3,050 level, below which the price could test the $3,000 support area.
Among the top 10 cryptocurrencies by market value, Ethereum is the highest rising altcoin in the last 24 hours, followed by Bitcoin and Solana with an average of 4.5 percent increase in value. Cardano (ADA), which is in the first place with a 36% increase in value on a weekly basis, is the only crypto asset in the negative zone with a limited decrease of less than 1 percent in the top 10 today.
Several altcoins were up more than 5%, including UNI, FTT, ETC, ALGO, AXS, RUNE, ZEC, AAVE, QNT and CVX. While the majority of crypto markets are moving in the positive territory today, Quant (QNT), in 64th place, is rising 16% to $143, and is currently the top-performing altcoin in the top 100. There are 9 altcoins that have seen an increase of over 10% towards the evening hours. Among them, Axie Infinity (AXS), Qtum (QTUM) and Kadena (KDA) take their place in the first place. Few cryptoassets are negative today. Accordingly, LEO dropped 2 percent, Huobi Token (HT) 1.5 percent, and Cardano (ADA) 0.9 percent in the top 100.