Get all the essential market news and expert opinions in one place with our daily newsletter. At the close of markets, the S&P, Dow, and Nasdaq were all in the green, up 1.10%, 0.54%, and 1.59%, respectively. Source: Kitco“A price downtrend line is in place on the daily chart and the bears have power and momentum on their side,” Wyckoff said. Source: X“That said, [it’s] too soon to suggest that the Double Top is over, especially with key resistances (e.g. The overall cryptocurrency market cap now stands at $1.07 trillion, and Bitcoin’s dominance rate is 48.4%.