CoinNess Market Surveillance Feb. 24: BTC Trading Upon $50000 Level

As of 3:00 (UTC) on February 24, the global price index of Bitcoin (BTC) has been trading upon the $50,000 level. At present, the coin marks $50,375.42 with a decrease of 4.21% in the past 24 hours.

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

The broad market is still trading downwards, with 29 out of Top 100 cryptos by market cap rising.

The global market cap reads $1.51 trillion, and the 24-hour trading volume is $271.83 billion.

Major Coins

1. BTC quotes show 50,350.00 USDT on Binance, $50,259.28 on Bitfinex, $50,385.69 on Coinbase Pro and 50,440.38 USDT on Boboo.com;

2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $1,625.09 (-5.17%); XRP marks $0.4965 (-8.70%); BCH marks $541.75 (-8.75%); LTC marks $183.66 (-7.67%); EOS marks $3.99 (-11.19%); ETC marks $12.23 (-7.38%).

Top 3 Gainers and Losers in Cryptocurrencies

1. Top 3 gainers among Top 100 cryptocurrencies by market cap: LEO (+36.57%), RUNE (+23.43%), and STX (+16.71%);

2. Top 3 losers among Top 100 cryptocurrencies by market cap: CRO (-18.13%), XEM (-13.27%), and EOS (-11.19%).

Cap Flows of Coins/Exchanges

1. Top 3 capital inflows within the last 24 hours: BTC (+$2.81 bln), ETH (+$854.64 mln), and BCH (+$210.83 mln);

2. Top 3 capital outflows within the last 24 hours: DOT (-$41.85 mln), ADA (-$39.04 mln), and HT (-$37.83 mln);

3. Net inflows/outflows of exchanges: Binance (-$687.47 mln), Bitfinex (-$403.49 mln), and Coinbase Pro (+$37.78 mln).

Coinness