From Investing.com: 2024-07-10 00:00:21

The trading volume made a surprising comeback in the market, especially with increased interest in Bitcoin and various altcoins among institutional investors. This spike may indicate a positive shift in market sentiment and potential price movement for Bitcoin, supported by technical indicators like the RSI.

Ethereum has surpassed $3,000 again, signaling renewed buyer confidence but faces resistance at the major 200 EMA level. The market sentiment is improving slowly, influenced by factors like Bitcoin’s volume spike and institutional interest in altcoins. Ethereum’s value to institutional investors and on-chain metrics show a cautiously optimistic view.

Toncoin whales are actively supporting the asset, with increased large transactions suggesting positive outlook. The fluctuating transaction volume and heightened whale activity indicate optimism about Toncoin’s future. Price resilience is evident with Toncoin bouncing back from recent lows and maintaining support levels, currently trading around $7.28.

Read more at Investing.com: Crucial Bitcoin (BTC) Signal, $3,000 Is Now or Never for Ethereum (ETH), Toncoin (TON) Whales Buy 13 Million in 2 Days By U.Today