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CryptoSlatewMarket update: Bitcoin prices have fluctuated significantly in the past 24 hours
In the past 24 hours, the net outflow of cryptocurrency market value was $10 billion, currently $1.20 trillion, a decrease of 0.96% from $1.21 trillion.The market value of Bitcoin increased by 0.43% to $563.18 billion during this period, while the market value of Ethereum decreased by 1.24% to $22.74 billion.During the reporting period, the performance of the top 10 cryptocurrencies was mixed. The largest gainers were Caldano and Bitcoin, with gains of less than 0.5% each.Others, such as dog coin, BNB, Solana, Boccado, Litecoin, and XRP, lost more than 2%, respectively.The market value of the tether (USDT) and the dollar coin (USDC) increased slightly to $81.61 billion and $30.73 billion, respectively. In contrast, the Binance US dollar fell to 6.3 billion US dollars.MusicIn the past 24 hours, the trading price of Bitcoin has increased by 0.1% to $29008, as of 07:00 Eastern Time in the United States. Its market dominance has increased from 46.6% to 47%.During the reporting period, the volatility of Bitcoin wiped out over $300 million in profits, following rumors that the US government and bankrupt password exchange company (Mt. Gox) were selling this asset. CryptoSlateInsight reports that the sharp fluctuations in Bitcoin prices are caused by poor market liquidity.
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Just now, Bitcoin has risen above $24100 and has surged by over 40% this year. Over 1.5 billion yuan of cryptocurrency funds have evaporated in one day across the entire network! Is the upward trend still in February?
Edited by: Bi LumingData shows that Bitcoin has risen by 40% this year, while Ethereum has risen by more than 30%.
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Bitcoin Price Forecast: BTC prices have regained momentum and may reach $30000 at any time from now on
Highlights of the storyAfter recent rejections, Bitcoin prices are striving to maintain above the rising level, but bears continue to predict their existence.The price needs to reach $30000 at the earliest to maintain a healthy rebound before the end of the month
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The reason why Bitcoin (BTC) prices have fallen while counterfeit coins remain strong
After rising by over $29000 on Thursday, Bitcoin prices fell to $27.5 million today
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Bitcoin has become a safe haven asset, with a 2-year high correlation with gold
Bitcoin, a digital currency once considered an unstable investment, has found a surprising ally in the form of an ancient commodity: gold.Since March, the correlation between alpha cryptocurrencies and precious metals has steadily increased, providing investors with a safe haven to cope with the ongoing banking crisis and rising interest rates