Bitcoin continues to trade in the five-figure area, and since it fell below the $11,500 level, it has struggled to cross the $10,500 level.

As for the digital currency BNB, it made the event in the past few days as its price reached the highest level in the past 7 months.

Bitcoin suffers at $10,500:

After a failed attempt to overcome the $10,500 level, bitcoin fell yesterday and fell back to the $10,200 level.

The bulls intervened at that point and did not allow further declines.

In the hours that followed, bitcoin fluctuated in a narrow range between $10,250 and $10,400, and bitcoin is valued at $10,350 at the time of writing.

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From a technical perspective, the underlying cryptocurrency must resist the first resistance at $10,500 before it has a chance to target $10,780, $10,900 and $11,000.

On the other hand, the psychological level of $10,000 remains the most important support.

If bitcoin breaks below $10,000, it could drop to $9,815 and $9,700, where bitcoin should fill the CME gap at $9,650, and if it pulls back further, the next support is $9,400.

DeFi coins and the rise in the value of the digital currency BNB:

Most altcoins with a slightly larger market capitalization tend to turn red on a 24-hour scale.

Ethereum fell 5% to less than $366, and Ripple is currently trading at $0.24, recording a decline of 2.38%

The digital currency Polkadot rose 0.22% and advanced against both BCH and LINK in their battle for the fifth place in terms of total market capitalization on the site. coinmarketcap.

The most impressive cryptocurrency among the top ten coins by total market capitalization is BNB, which rose from $24 to $29 in a short period of time.

The CRO digital currency also rose and advanced in the ranking to the ninth place, interacting with the positive and related news launch Crypto.com for its DeFi Swap platform, a fork of Uniswap V2, the new platform from Crypto.com allows users to share CRO to create new cryptocurrencies and earn rewards.

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Cryptocurrencies linked to decentralized finance also rose in the past 24 hours, with UMA coin up by 12.5%, YFI coin by 12.5% ​​and NXM coin by 20%.

The controversial cryptocurrency SUSHI also surged after the former lead developer of SushiSwap returned its cryptocurrency.

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