Cryptocurrency Price Today, Bitcoin Rises Above $28,300

On Monday, the cryptocurrency markets saw an increase in trading. Bitcoin (BTC) went up 1.37% to $28,300, while Ethereum (ETH) rose above $1,850. In the last 24 hours, BTC volume reached around $12.43 billion, increasing by 30.14%.

The weekend saw most cryptocurrencies rising in response to the non-farm payrolls report that indicated the addition of 236,000 jobs to the U.S. economy last month. Mudrex’s CEO, Edul Patel, noted that BTC’s support is now at $27,900, with resistance at $29,200, while Ethereum aims for the $1,900 level.

The global cryptocurrency market cap was trading higher around $1.18 trillion, with other top crypto tokens also trading higher. Bitcoin’s market cap was approximately $547 billion, and its dominance was 46.17%.

Also Read: Top Crypto Payment Processors for Your Business in 2023

Sathvik Vishwanath, CEO of Unocoin, suggested that if BTC breaks through its resistance level, a significant price increase might occur, potentially reaching $28,900 or even $29,250.

NamePrice1h %24h %7d %Market Cap
Bitcoin
BTC
$28,336.070.03%1.51%0.04%$548,082,460,798
Ethereum
ETH
$1,857.930.28%1.08%2.64%$223,802,267,780
Tether
USDT
$1.000.02%0.05%0.07%$80,263,415,759
BNB
BNB
$313.090.08%0.95%0.09%$49,432,683,143
USD Coin
USDC
$1.000.00%0.02%0.01%$32,594,993,792
XRP
XRP
$0.510.04%0.62%1.68%$26,162,024,761
Cardano
ADA
$0.390.08%0.62%2.83%$13,481,101,904
Dogecoin
DOGE
$0.080.08%1.73%5.52%$11,527,202,107
Polygon
MATIC
$1.100.03%0.38%1.53%$10,096,631,195
Solana
SOL
$20.290.05%1.00%0.41%$7,874,960,011
Polkadot
DOT
$6.170.14%0.93%3.32%$7,253,368,582
Binance USD
BUSD
$1.000.00%0.03%0.03%$7,070,109,769
Litecoin
LTC
$90.540.14%0.57%2.56%$6,579,557,463
Shiba Inu
SHIB
$0.000.15%0.62%1.08%$6,451,034,365
TRON
TRX
$0.070.02%1.05%1.61%$6,068,437,947
Avalanche
AVAX
$17.610.09%1.70%1.54%$5,743,507,513
Wrapped Bitcoin
WBTC
$28,325.650.10%1.46%0.03%$4,278,675,892
Chainlink
LINK
$7.230.06%1.69%1.70%$3,738,184,335

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