Bitcoin Holds Above $31K, Ethereum Slips: Why The Apex Crypto Presents A ‘Generational’ Buying Opportunity

Bitcoin remained above the $31,000 level, while Ethereum slipped into the red as the global cryptocurrency market cap slipped 0.55% to $1.31 trillion at press time on Tuesday evening. ​​

Price Performance Of Major Coins

Coin
24-hour
7-day
Price

Bitcoin (CRYPTO: BTC)
0.06%
7.31%
$31,750.77

Ethereum (CRYPTO: ETH)
-3.2%
-1.9%
$1,938.04

Dogecoin (CRYPTO: DOGE)
-2.6%
2.8%
$0.085

Top Gainers Over 24 Hours

Top 24-Hour Gainers (Data via CoinMarketCap)

Cryptocurrency
24-Hour % Change (+/-)
Price

WAVES (WAVES)
+23.9%
$9.23

Holo (HOT)
+12.1%
$0.003

Cardano (ADA)
+8.7%
​​$0.62

See Also: Best Crypto Debit Cards

Why It Matters: Cryptocurrency markets were mixed press time. While the apex coin traded flat after a relief rally, the second-largest coin, Ethereum, dropped over 3% in intraday trading. For the week, BTC rose over 7%, while ETH has fallen over 2%.

Stock futures were seen trading higher ahead of the first trading day of June. S&P 500 and Nasdaq futures rose 0.5% each at press time. 

The cryptocurrency market continues to be correlated with stocks, according to the trader …

Full story available on Benzinga.com

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