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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.