CoinNess Market Surveillance Feb. 8: BTC Trading Upon $38000 Level

As of 3:00 (UTC) on February 8, the global price index of Bitcoin (BTC) has been trading above the $38,000 level. At present, the coin marks $38,39.21 with a decrease of 1.00% in the past 24 hours.

The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is "Neutral" with eight indicators sending out selling signals, five showing neutral signals, and five indicating buying signals.

The broad market is trading in a downtrend, with 40 out of Top 100 cryptos by market cap rising.

The global market cap reads $1.16 trillion, and the 24-hour trading volume is $165.35 billion.

Major Coins

1. BTC quotes show 38,355.31 USDT on Binance, $38,388.00 on Bitfinex, $38,365.54 on Coinbase Pro and 38,303.62 USDT on Boboo.com;

2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $1,571.89 (-4.20%); XRP marks $0.4114 (-6.41%); BCH marks $436.11 (-2.85%); LTC marks $148.34 (-3.33%); EOS marks $3.37 (+5.80%); ETC marks $8.17 (-3.23%).

Top 3 Gainers and Losers in Cryptocurrencies

1. Top 3 gainers among Top 100 cryptocurrencies by market cap: EGLD (+41.30%), AAVX (+33.43%), and LUNA (+25.80%);

2. Top 3 losers among Top 100 cryptocurrencies by market cap: AMPL (-19.72%), OKB (-9.48%), and IOST (-9.22%).

Cap Flows of Coins/Exchanges

1. Top 3 capital inflows within the last 24 hours: BTC (+$1.55 bln), ETH (+$979.87 mln), and BCH (+$129.59 mln);

2. Top 3 capital outflows within the last 24 hours: XLM (-$44.48 mln), XRP (-$22.98 mln), and LINK (-$19.62 mln);

3. Net inflows/outflows of exchanges: Binance (-$78.38 mln), Bitfinex (-$192.48 mln), and Coinbase Pro (+$30.32 mln).

Coinness