Over the past hour, as bitcoin’s value swings from $ 62,150 to $ 62,545 on March 1, 2024, the cryptocurrency market is experiencing a pronounced upward trend. With a trading volume of $ 55.41 billion over 24 hours and a market cap touching $ 1.21 trillion, bitcoin’s dominance in the market …
Study: Institutions More Bullish on Ethereum in H2 of 2023 — BTC and ETH Holdings Surge to 80%
Between July 2023 and January 2024, the concentration of bitcoin and ethereum in institutional digital asset portfolios increased from 50% to 80%, the latest Bybit user asset allocation report has shown. During this period, institutions appeared to be more bullish on ethereum than bitcoin, a sentiment that contrasted with that of retail investors. Stablecoins and […]
Bitcoin Technical Analysis: BTC’s Bullish Momentum Signals Strong Market Confidence on Valentine’s Day
Bitcoin’s price trajectory on Feb. 14, 2024, showcases a robust bullish trend, with the cryptocurrency reaching a 24-hour high of $ 51,814. Amidst a consolidating market, the digital asset has seen significant growth, marking a 3% increase today, and 21% over the past month. Bitcoin Bitcoin (BTC) has demonstrated remarkable resilience and growth, with …
Bitcoin’s Price Soars Past $48K, Nears $1 Trillion Market Cap Amidst Bullish Momentum
On Saturday, Feb. 10, 2024, bitcoin’s price soared beyond the $ 48K mark, reaching heights unseen since prior to Dec. 28, 2021. On Sunday, the leading digital currency maintained its robust momentum, consistently staying above the newly established price level. Over the last 24 hours, the crypto asset’s value has risen by over 2.6%, …
Ethereum Technical Analysis: ETH Remains Range Bound With Neutral to Bullish Momentum
Ethereum’s price held above $ 2,300 over the past 24 hours, ranging between $ 2,266 and $ 2,333. The cryptocurrency faces technical resistance at its recent highs according to an analysis of key oscillators and moving averages. These indicate continued neutral to bullish momentum over the past month across the daily, 4-hour, …