Bitcoin (-0.9%), Ethereum (-1.2%), BNB (-2.1%), XRP (-1.8%), Solana (-2.5%), and Chainlink (-5.5%) were trading in the red on Monday, while Tron (2%), Toncoin (1.6%), Polygon (7.1%), Avalanche (3.5%), and Polkadot were trading in the green.

Meanwhile, the global cryptocurrency market cap declined by 0.43% in the last 24 hours to roughly $1.41 trillion.

Bitcoin was down 0.9% at $36,933. Bitcoin’s, the world’s largest cryptocurrency, market cap has dropped to $721 billion in the previous 24 hours.

According to CoinMarketCap, Bitcoin presently has a 51.20% market share. BTC volume increased 0.6% in the last 24 hours to $13.04 billion.

Over the weekend, Bitcoin maintained its position above $37,000, marking the fourth straight week of increases. Investors are bullish on spot ETFs, which have gained 6% in the last seven days and 40% in the last three weeks. The $40,000 mark has finally been identified.

On the other hand, Ethereum stays above $2,000, supported by Blackrock’s spot ETF registration, boosting optimism in smart contract ecosystems. ETH is facing resistance at $2,500 and support at $1,900, adding to the positive market sentiment.

On Tuesday, major crypto coins moved higher on market optimism and driving bullish sentiments. In the last 24 hours, the global cryptocurrency market cap increased by about 1% to around $1.33 trillion.

As of 12:10 p.m., Bitcoin was up 0.16% to $34,930, while Ethereum was slightly below $1,900.

Other popular altcoins, such as Dogecoin and Toncoin, increased by more than 6% each. BNB, Cardano, Solana, Polygon, Polkadot, and Litecoin all increased in value.

Meanwhile, XRP gained 3% as a result of Ripple’s involvement in notable projects such as a recently announced CBDC pilot in Georgia and its inclusion in Dubai’s virtual assets regime.

Bitcoin is trading in a narrow range between $34,800 and $35,200. This indicates that traders are anxiously awaiting its next big move, either up or down. Bitcoin has to sustain $34,200 as support in order to continue rallying in the next weeks.

The overall volume in DeFi is currently $4.89 billion, accounting for 11.98% of the entire 24-hour volume in the crypto market. The total volume of all stablecoins is now $36.08 billion, accounting for 88.44% of the total 24-hour volume of the crypto market.

Bitcoin’s, the world’s largest cryptocurrency, market cap has risen to $682 billion in the previous 24 hours. According to CoinMarketCap, Bitcoin now has a 51.45% market share. BTC volume increased by 4.01% in the last 24 hours to $13.02 billion.

Bitcoin is currently sitting around $34,918 with tiny daily movements, underpinned by a critical point of $34,662. It faces immediate resistance around $35,352, which might lead to higher goals like $36,834 and $37,722, while support levels around $34,112 provide reinforcement and extra cushions at $33,425 and $32,432 if needed.