Based on recent data, the surge of bitcoin beyond the $ 41,000 mark has triggered a significant increase in trading activity originating from South Korea. Alongside this heightened volume, bitcoin is currently commanding a $ 1,500 premium on major South Korean cryptocurrency exchanges, including Upbit, Bithumb, Korbit, and Coinone. South Korea’s ‘Kimchi Premium’ …
While U.S. equities and precious metals remain flat, bitcoin has seen an uptick in value over the past day. Currently valued at $ 38,376, with an intraday range stretching from $ 37,547 to $ 38,804, bitcoin’s market capitalization stands at $ 750 billion. Over the past 24 hours, bitcoin has gained …
Similar to bitcoin’s price, the second leading digital currency in terms of market cap, ethereum, is down on Monday, losing 3% against the U.S. dollar. Oscillating within a 24-hour range of $ 2,017 to $ 2,088, ethereum maintains a market capitalization of $ 243 billion. Current technical indicators offer a nuanced perspective …
On November 21, 2023, the popular onchain analyst Willy Woo presented a detailed chart showcasing the cost basis density map of bitcoin. This analysis delves into BTC’s pricing history and transactional data, pinpointing critical areas of price stabilization and potential zones of support. In discussing the chart, Woo remarked that if the current pattern continues […]
On Monday, November 20, 2023, bitcoin (BTC) is navigating slightly above the $ 37K mark, kicking off the week. Over the last day, BTC’s price has fluctuated from $ 36,441 to $ 37,516 per unit. Currently, bitcoin trades are generating a global trading volume of $ 15.55 billion. Bitcoin In the …