CoinNess Market Surveillance Jan. 28: BTC Swings Near $31000 Level

As of 3:00 (UTC) on January 28, the global price index of Bitcoin (BTC) has been hovering around the $31,000 level. At present, the coin marks $31,075.60 with a decrease of 3.02% in the past 24 hours.

The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is "Sell" with 11 indicators sending out selling signals, six showing neutral signals, and one indicating a buying signal.

The broad market is still trading downwards, with 22 out of Top 100 cryptos by market cap rising.

The global market cap reads $918.37 million, and the 24-hour trading volume is $138.92 billion.

Major Coins

1. BTC quotes show 31,028.88 USDT on Binance, $31,119.00 on Bitfinex, $31,087.55 on Coinbase Pro and 31,021.52 USDT on Boboo.com;

2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $1,271.38 (-3.77%); XRP marks $0.2545 (-4.42%); BCH marks $385.22 (-8.57%); LTC marks $125.00 (-5.86%); EOS marks $2.54 (-2.74%); ETC marks $7.00 (-4.47%).

Top 3 Gainers and Losers in Cryptocurrencies

1. Top 3 gainers among Top 100 cryptocurrencies by market cap: FTM (+22.79%), RUNE (+16.84%), and EGLD (+13.84%);

2. Top 3 losers among Top 100 cryptocurrencies by market cap: ENJ (-11.25%), THETA (-9.34%), and BCH (-8.57%).

Cap Flows of Coins/Exchanges

1. Top 3 capital inflows within the last 24 hours: BTC (+$631.85 mln), ETH (+$335.42 mln), and BCH (+$259.71 mln);

2. Top 3 capital outflows within the last 24 hours: BUSD (-$40.38 mln), LTC (-$39.61 mln), and ADA (-$13.15 mln);

3. Net inflows/outflows of exchanges: Binance (-$220.40 mln), Bitfinex (-$269.45 mln), and Coinbase Pro (+$32.00 mln).

Coinness