As of 3 PM on May 29th cryptocurrency market showed a mixed trend with buying pressure concentrated on some popular cryptocurrencies. The demonstrated a that tested investor sentiment with rising and falling cryptocurrencies intersecting.
In the net buying section, Doge was recorded as having the highest net purchase on Upbit. Subsequently, ETH attracted strong investor interest by showing significant capital inflow simultaneously on both Upbit and Bithumb. Additionally, USDT and XRP also ranked in the top tier, forming a defensive buying trend centered on major large-scale asset groups.
Among the top-rising cryptocurrencies, SOFI traded on Bithumb stood out. It recorded a high rise rate and drew market attention, and WCT on the same a upward trend. multiple cryptocurronecies Coinone also rose, its proportion was relatively to Upbit and bp>>
In terms>the rate side, cryptocurrencies with significant drops were ononeR,, BAL, ZKL, B3 all ranked in the top decline rate with BAL particularly notable for despite no trading. In contrast, And bnot capture top declining cryptoccryptocurrencies, showing a relatively stable flow.
In terms of trading volume, ETH recorded the highest figure on Upbit, followed by WCT, XRP, andTCC particularly maintained active trading by ranking in the top tier for both rise rate and trading volume. On Bithumb, USDT ranked in the top tier by trading, amount, suggesting continued demand for cash-like assets.
According to Bonanza Lab data data, major indicators showed a flow unable to find direction between stability and volatility,ility with concentrated on large assets and rapidly rising cryptocurrencies. current market lacks a definitive leading theme and strongly depends on short-term themes or technical rebounds.
The current currently marketobserves buying pressure centered on specific cryptocurrencies like Doge, and large-scale cryptocurrency investments seem valid in a broad sense. However, given increased individual cryptocurrency volatvolatility, a necessary to a strategy and investment approach rather than excessive chasing.
Cryptocurrency | Priceof Change th th thead tbody><>SOFI | 18.17 | 23.04 | Bithumb |
---|---|---|---|---|
WCT | 1479.0 | 14.16 | Bithumb |
Cryptocurrency | Price | Rate | Exchangeange |
---|---|---|---|
BAL | 1870.0 | -15.45 | Coinone |
ZKL | 49.5 | -14.08 | Coinone |