Bitcoin continues to face resistance at the $40,000 mark and failed to cross the level over the weekend. At press time, on Sunday evening, the apex coin traded higher over 24 hours as the global cryptocurrency market cap rose 3.2% to $1.75 trillion.
Price Performance Of Major Coins
Coin
24-hour
7-day
Price
Bitcoin (CRYPTO: BTC)
2.5%
-0.8%
$38,734.95
Ethereum (CRYPTO: ETH)
3.75%
-1.3%
$2,844
Dogecoin (CRYPTO: DOGE)
4%
4.3%
$0.13
Top 24-Hour Gainers (Data via CoinMarketCap)
Cryptocurrency
24-Hour % Change (+/-)
Price
Fantom (FTM)
+18%
$0.80
NEAR Protocol (NEAR)
+15.2%
$12.13
Harmony (ONE)
+14.7%
$0.85
See Also: How To Get Free NFTs
Why It Matters: Cryptocurrencies remain under pressure, along with tech stocks, as the market braces itself for upcoming monetary policy action from the U.S. Federal Reserve.
The Federal Open Market Committee (FOMC) is set to begin a …
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