Daily Analysis: BTC, ETH, FTT, BONK, SEI

Crypto News– Today, bearish sentiments prevail in the markets, reflected in a global market cap that is 0.94% lower than its previous 24-hour level, currently standing at $1.4 trillion. The fear and greed index sits at 69, indicating a prevailing sense of greed among investors.

Daily Analysis: BTC, ETH, FTT, BONK, SEI

The global trading volume has increased by 6% over the past 24 hours, reaching $49.83 billion as of the latest update.

Bitcoin price analysis

Bitcoin (BTC) has entered a bullish phase, with its price reaching $38.1K at the time of writing, marking a 3% daily increase and a 4.6% weekly rise. In response to the surge in Bitcoin’s price, the token’s trade volume has experienced a notable 22% increase during the same period, reaching $22.8 billion.

Ethereum price analysis

Ethereum (ETH) is exhibiting bullish momentum, with the Ethereum price reaching $2058 at the time of reporting, reflecting a 2.2% daily increase and a 3% weekly rise. However, ETH’s trade volume has seen a 4.9% decrease during the same period, currently standing at $9.8 billion.

FTX Token price analysis

FTX Token (FTT) is currently experiencing bearish activity, with the FTT price at $4.08, indicating a 5.3% daily decrease. However, the weekly performance still shows an 11% rise. FTT’s trade volume has increased by 2.8% during the same period, reaching $168 million.

Bonk price analysis

Bonk (BONK) is currently demonstrating bullish momentum, with the BONK price at $0.000004394, marking a substantial 15.9% daily increase. Despite a weekly decrease of 0.07%, BONK’s trade volume has surged by 20% during the same period, reaching $46.7 million.

Sei price analysis

Sei (SEI) is currently experiencing bullish activity, with the SEI price reaching $0.2844, reflecting an impressive 27% daily increase and a substantial 78% weekly rise. SEI’s trade volume has surged by an impressive 263% during the same period, reaching $730 million.