The post Daily Analysis: BTC, ETH, ICP, WLD, WOO appeared on BitcoinEthereumNews.com.

Markets are riding on bear activity today, with the global market cap sitting 1.4% below its previous 24-hour mark, as the total cap stands at $1.58T as of press time. The fear and greed index is 73, as greed fades again. The global trading volume is 12% down in 24 hours, at $46.3B as of press time.          Bitcoin Price Analysis Bitcoin (BTC) is riding on bear activity, as the Bitcoin price stood at $41.8K as of press time after recording a daily decrease of 1.3% and a weekly drop of 4.6%. As a result of the Bitcoin price, the token’s trade volume dropped by 17% during the same period and is presently at $14.4B. The Bollinger bands are far apart, showing high volatility levels on the Bitcoin price. The Relative Strength Index (RSI) is below the average line, showing bear activity on the Bitcoin price. BTC 1-day chart | Source: TradingView Ethereum Price Analysis Ethereum (ETH) is also riding on bear activity, as the Ethereum price stood at $2,207 as of press time after recording a daily decrease of 1.6% and a weekly drop of 5.8%. As a result of the Ethereum price, the token’s trade volume dropped by 19.5% during the same period and is presently at $6.6B. The Bollinger bands are far, showing high volatility levels on the Ethereum price. The Relative Strength Index (RSI) is below the average line, showing bear activity on the Ethereum price. ETH 1-day chart | Source: TradingView Internet Computer Price Analysis Despite today’s bear sentiment, Internet Computer (ICP) is riding on bull activity, as the Internet Computer price stood at $10.8 as of press time after recording a daily increase of 18% and a weekly rise of 103%. As a result of the ICP price, the token’s trade volume jumped by 73%…

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Filed under: News - @ December 17, 2023 2:50 pm