• bitcoinBitcoin (BTC) $ 57,434.00
  • ethereumEthereum (ETH) $ 3,106.23
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 514.78
  • solanaSolana (SOL) $ 128.86
  • usd-coinUSDC (USDC) $ 1.00
  • staked-etherLido Staked Ether (STETH) $ 3,099.51
  • xrpXRP (XRP) $ 0.428359
  • the-open-networkToncoin (TON) $ 7.01
  • dogecoinDogecoin (DOGE) $ 0.103340
  • cardanoCardano (ADA) $ 0.351053
  • tronTRON (TRX) $ 0.126574
  • avalanche-2Avalanche (AVAX) $ 24.18
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 57,412.00
  • shiba-inuShiba Inu (SHIB) $ 0.000014
  • polkadotPolkadot (DOT) $ 5.45
  • chainlinkChainlink (LINK) $ 12.30
  • bitcoin-cashBitcoin Cash (BCH) $ 324.42
  • uniswapUniswap (UNI) $ 7.57
  • leo-tokenLEO Token (LEO) $ 5.75
  • daiDai (DAI) $ 1.00
  • nearNEAR Protocol (NEAR) $ 4.49
  • litecoinLitecoin (LTC) $ 62.99
  • matic-networkPolygon (MATIC) $ 0.483586
  • wrapped-eethWrapped eETH (WEETH) $ 3,229.09
  • kaspaKaspa (KAS) $ 0.163838
  • pepePepe (PEPE) $ 0.000009
  • ethena-usdeEthena USDe (USDE) $ 0.999919
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,136.40
  • ethereum-classicEthereum Classic (ETC) $ 20.57
  • internet-computerInternet Computer (ICP) $ 6.51
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.21
  • moneroMonero (XMR) $ 155.03
  • aptosAptos (APT) $ 5.80
  • render-tokenRender (RNDR) $ 6.33
  • stellarStellar (XLM) $ 0.084174
  • hedera-hashgraphHedera (HBAR) $ 0.064907
  • cosmosCosmos Hub (ATOM) $ 5.82
  • crypto-com-chainCronos (CRO) $ 0.083936
  • okbOKB (OKB) $ 37.39
  • mantleMantle (MNT) $ 0.652904
  • arbitrumArbitrum (ARB) $ 0.642207
  • filecoinFilecoin (FIL) $ 3.67
  • makerMaker (MKR) $ 2,220.26
  • blockstackStacks (STX) $ 1.39
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.01
  • immutable-xImmutable (IMX) $ 1.29
  • injective-protocolInjective (INJ) $ 19.21
  • vechainVeChain (VET) $ 0.022252
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,464.10
  • dogwifcoindogwifhat (WIF) $ 1.64
  • the-graphThe Graph (GRT) $ 0.172075
  • suiSui (SUI) $ 0.644756
  • optimismOptimism (OP) $ 1.39
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,205.66
  • ondo-financeOndo (ONDO) $ 1.04
  • bittensorBittensor (TAO) $ 214.76
  • bitget-tokenBitget Token (BGB) $ 1.07
  • arweaveArweave (AR) $ 21.73
  • lido-daoLido DAO (LDO) $ 1.59
  • whitebitWhiteBIT Coin (WBT) $ 9.39
  • flokiFLOKI (FLOKI) $ 0.000136
  • bonkBonk (BONK) $ 0.000020
  • based-brettBrett (BRETT) $ 0.129661
  • theta-tokenTheta Network (THETA) $ 1.28
  • fantomFantom (FTM) $ 0.428866
  • thorchainTHORChain (RUNE) $ 3.47
  • aaveAave (AAVE) $ 78.34
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,109.46
  • notcoinNotcoin (NOT) $ 0.010492
  • algorandAlgorand (ALGO) $ 0.127473
  • jasmycoinJasmyCoin (JASMY) $ 0.021267
  • quant-networkQuant (QNT) $ 69.76
  • eosEOS (EOS) $ 0.485631
  • pyth-networkPyth Network (PYTH) $ 0.267631
  • jupiter-exchange-solanaJupiter (JUP) $ 0.709392
  • celestiaCelestia (TIA) $ 4.69
  • zebec-protocolZebec Protocol (ZBC) $ 0.017944
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,130.18
  • gatechain-tokenGate (GT) $ 6.95
  • flare-networksFlare (FLR) $ 0.020622
  • kucoin-sharesKuCoin (KCS) $ 9.19
  • coredaoorgCore (CORE) $ 0.937389
  • sei-networkSei (SEI) $ 0.274151
  • elrond-erd-2MultiversX (EGLD) $ 29.95
  • flowFlow (FLOW) $ 0.518330
  • tokenize-xchangeTokenize Xchange (TKX) $ 9.88
  • galaGALA (GALA) $ 0.021359
  • bittorrentBitTorrent (BTT) $ 0.00000076
  • usddUSDD (USDD) $ 0.999777
  • fasttokenFasttoken (FTN) $ 2.29
  • axie-infinityAxie Infinity (AXS) $ 4.90
  • bitcoin-svBitcoin SV (BSV) $ 35.65
  • ethereum-name-serviceEthereum Name Service (ENS) $ 22.12
  • msolMarinade Staked SOL (MSOL) $ 153.61
  • akash-networkAkash Network (AKT) $ 2.84
  • beam-2Beam (BEAM) $ 0.013683
  • dydx-chaindYdX (DYDX) $ 1.13
  • starknetStarknet (STRK) $ 0.512297
  • ethenaEthena (ENA) $ 0.387413
  • tezosTezos (XTZ) $ 0.668376
  • neoNEO (NEO) $ 9.33
  • fraxFrax (FRAX) $ 0.998886
  • gnosisGnosis (GNO) $ 248.28
  • the-sandboxThe Sandbox (SAND) $ 0.273186
  • ordinalsORDI (ORDI) $ 28.85
  • frax-etherFrax Ether (FRXETH) $ 3,090.36
  • mantra-daoMANTRA (OM) $ 0.715330
  • nexoNEXO (NEXO) $ 1.06
  • lido-staked-solLido Staked SOL (STSOL) $ 151.63
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,336.47
  • tether-goldTether Gold (XAUT) $ 2,366.71
  • safeSafe (SAFE) $ 1.36
  • roninRonin (RON) $ 1.72
  • pendlePendle (PENDLE) $ 3.67
  • oasis-networkOasis Network (ROSE) $ 0.081290
  • heliumHelium (HNT) $ 3.25
  • ecasheCash (XEC) $ 0.000027
  • chilizChiliz (CHZ) $ 0.060461
  • swethSwell Ethereum (SWETH) $ 3,288.06
  • decentralandDecentraland (MANA) $ 0.282159
  • conflux-tokenConflux (CFX) $ 0.121589
  • havvenSynthetix Network (SNX) $ 1.56
  • worldcoin-wldWorldcoin (WLD) $ 1.94
  • zksyncZKsync (ZK) $ 0.138655
  • dexeDeXe (DEXE) $ 8.89
  • true-usdTrueUSD (TUSD) $ 1.00
  • klay-tokenKlaytn (KLAY) $ 0.135338
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.004995
  • book-of-memeBOOK OF MEME (BOME) $ 0.007162
  • staked-frax-etherStaked Frax Ether (SFRXETH) $ 3,385.48
  • mina-protocolMina Protocol (MINA) $ 0.437686
  • aioz-networkAIOZ Network (AIOZ) $ 0.441085
  • iotaIOTA (IOTA) $ 0.145166
  • mog-coinMog Coin (MOG) $ 0.000001
  • wormholeWormhole (W) $ 0.259684
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.72
  • wemix-tokenWEMIX (WEMIX) $ 1.12
  • apecoinApeCoin (APE) $ 0.730271
  • pax-goldPAX Gold (PAXG) $ 2,328.32
  • theta-fuelTheta Fuel (TFUEL) $ 0.064687
  • singularitynetSingularityNET (AGIX) $ 0.517854
  • apenftAPENFT (NFT) $ 0.00000043
  • nervos-networkNervos Network (CKB) $ 0.009450
  • 1inch1inch (1INCH) $ 0.337613
  • bitcoin-goldBitcoin Gold (BTG) $ 23.72
  • livepeerLivepeer (LPT) $ 12.49
  • raydiumRaydium (RAY) $ 1.55
  • usdbUSDB (USDB) $ 1.00
  • stader-ethxStader ETHx (ETHX) $ 3,204.58
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.026868
  • mx-tokenMX (MX) $ 4.01
  • popcatPopcat (POPCAT) $ 0.395656
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.920366
  • kavaKava (KAVA) $ 0.352902
  • illuviumIlluvium (ILV) $ 57.02
  • axelarAxelar (AXL) $ 0.516017
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000066
  • compound-ethercETH (CETH) $ 62.39
  • safepalSafePal (SFP) $ 0.765831
  • astarAstar (ASTR) $ 0.060965
  • rocket-poolRocket Pool (RPL) $ 16.81
  • layerzeroLayerZero (ZRO) $ 3.07
  • corgiaiCorgiAI (CORGIAI) $ 0.000983
  • iotexIoTeX (IOTX) $ 0.035780
  • woo-networkWOO (WOO) $ 0.173423
  • arkhamArkham (ARKM) $ 1.40
  • echelon-primeEchelon Prime (PRIME) $ 7.60
  • aevo-exchangeAevo (AEVO) $ 0.379762
  • aragonAragon (ANT) $ 7.83
  • pepecoin-2PepeCoin (PEPECOIN) $ 2.66
  • radixRadix (XRD) $ 0.028952
  • kusamaKusama (KSM) $ 19.92
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.003362
  • compound-governance-tokenCompound (COMP) $ 44.03
  • osmosisOsmosis (OSMO) $ 0.448899
  • curve-dao-tokenCurve DAO (CRV) $ 0.235547
  • m2-global-wealth-limited-mmxMMX (MMX) $ 2.04
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000014
  • stepnGMT (GMT) $ 0.126987
  • manta-networkManta Network (MANTA) $ 0.836543
  • memecoin-2Memecoin (MEME) $ 0.013462
  • compound-wrapped-btccWBTC (CWBTC) $ 1,151.29
  • justJUST (JST) $ 0.028121
  • constitutiondaoConstitutionDAO (PEOPLE) $ 0.054922
  • zilliqaZilliqa (ZIL) $ 0.014647
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,246.13
  • golemGolem (GLM) $ 0.268418
  • blastBlast (BLAST) $ 0.015153
  • blurBlur (BLUR) $ 0.156179
  • zcashZcash (ZEC) $ 17.72
  • h2o-daoH2O Dao (H2O) $ 0.321802
  • origintrailOriginTrail (TRAC) $ 0.644993
  • nxmNexus Mutual (NXM) $ 68.91
  • dydxdYdX (ETHDYDX) $ 1.12
  • celoCelo (CELO) $ 0.467156
  • dashDash (DASH) $ 21.47
  • holotokenHolo (HOT) $ 0.001423
  • ankrAnkr Network (ANKR) $ 0.025136

Bitcoin is wandering in the bear zone, whales take a step back

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The Bitcoin (BTC) price has been roaming below the crucial $67,000 after it briefly touched an intraday high of around $67,600.

BTC declined by 0.7% in the past 24 hours and is trading at $66,500 at the time of writing. The asset’s market cap is standing on the cliff side of the $1.3 trillion mark. Bitcoin’s daily trading volume, however, has increased by 40%, reaching $22.2 billion.

Bitcoin is wandering in the bear zone, whales take a step back

BTC price, whale activity, RSI and MVRV ratio – May 20 | Source: Santiment

Moreover, the BTC price plunge comes amid declining whale activity. According to data provided by Santiment, the number of whale transactions consisting of at least $100,000 worth of BTC dropped by 51% over the past five days — decreasing from 11,757 transactions on May 15 to 5,756 unique transactions per day at the reporting time.

You might also like: Scaramucci: Bitcoin institutional investing ‘happening now’

Quite similarly, the BTC Relative Strength Index (RSI) has also been consistently declining along with the asset’s whale activity. Per the market intelligence platform, the Bitcoin RSI plunged from 70 to 57 over the past five days.

The indicator shows that Bitcoin has fallen from the overvalued zone and a potential price hike could be expected.

At this price point, the declining whale activity and RSI would also mean lower price volatility for the largest cryptocurrency by market cap.

According to data from Santiment, the BTC Market Value to Realized Value (MVRV) ratio is sitting at 143%, or 2.86x, at the reporting time. The key indicator shows that the average price of all Bitcoins acquired until now has increased by 143% at this price point.

In addition, the BTC MVRV ratio declined from 146% over the past three days. Historically, Bitcoin holders usually wait for a price surge before attempting to sell their assets when the MVRV ratio falls.

Read more: Top cryptocurrencies to watch this week: SOL, BONK, FTM

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