- Internet Computer (ICP) prices drop 3.78% to $4.00 after a positive start.
- After hitting resistance at $4.20, the bullish attempt at a reversal was ruled ineligible.
- Trading volume rises 74.63% to $32,369,109 as traders retire from the market.
After a bullish start to the day, bears reclaim control of the Internet Computer (ICP) market, lowering prices by 1.90% to $4.03. This bear market has consistently dominated the market, to the point of deeming the bullish effort at a reversal ineligible after striking stiff resistance at $4.20.
The market capitalization of the ICP market declined by 3.49% to $1,117,619,760 as a consequence of the bear grip. As the 24-hour trading volume rises 74.63% to $32,369,109, selling pressure is shown to rise as traders withdraw from the market in fear of more price falls.
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