**Bitcoin remains flat while other top crypto tokens decline**
*Bitcoin stays steady, other top crypto tokens down*
Bitcoin remained steady in its trading, while other top crypto tokens experienced a decline on Tuesday. Crypto options traders are betting against price turbulence, and BTC is unlikely to get a bullish catalyst. Traders are anxiously awaiting key inflation data from the US due later in the week, which will give trends for the future.
**Bitcoin holds firm, Ethereum sees slight drop**
Bitcoin saw mild gains compared to the previous day as the largest crypto token remained above the 29,000-mark. However, its largest peer, Ethereum, was trading lower, falling about half a per cent but did not breach $1,800-levels. Price action in the major altcoins was on the downside in the early hours.
**Crypto market remains range-bound**
The crypto market continues to be range-bound. The crypto fear and greed index, however, has jumped 5 points and continues to remain in the neutral zone with a score of 54/100. BTC continues to see another day of flat price action trading in a small range while other major altcoins continue to book small losses.
**Shiba Inu, Dogecoin, Polygon down; Bitcoin Cash gains**
Barring a few exceptions, all top crypto tokens were trading lower on Monday. Shiba Inu plunged more than 3 per cent, while Dogecoin and Polygon were down 2 per cent each. Polkadot, Cardano, and Litecoin shed over a per cent each. Among the gainers, Bitcoin Cash gained more than 2 per cent.
**Global cryptocurrency market cap falls, trading volumes surge**
The global cryptocurrency market cap was trading slightly lower, falling up to $1.16 trillion-mark as it fell less than half-a-per cent in the last 24 hours. However, the total trading volumes surged about 50 per cent to $32.37 billion.
**Highstreet (HIGH) token sees significant gains**
HIGH Token (Highstreet) is a native token of a decentralized commerce-centric play-to-earn metaverse built with virtual reality (VR) support. Apart from realizing a two-way currency flow within physical and virtual worlds, Highstreet (HIGH) introduces a market where in-game items can be redeemed for real-life products.
**Technical analysis of HIGH/USDT**
HIGH/USDT has surged by over 50 per cent in the last 3 weeks, closing in green consecutively for the same period. The weekly trend for HIGH has just broken out of the descending triangle pattern with a build-up of buying volumes. The next resistance is expected at $1.63 and an immediate support is expected at $1.33 levels.
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I have been writing about crypto for over two years. I have a vast amount of experience in the industry and my work has been featured on some of the biggest publications in the space.
