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Ethereum Whale Transactions Surge in March, Signaling ETH Price Rally Summary Ethereum (ETH) whale transactions have been on the rise in March, indicating a potential rally in ETH price. ETH price has been trading within a tight range, hinting at a possible breakout towards $4,000

The leading cryptocurrency prices saw a mixed bag on Friday, March 22, 2023, with Bitcoin (BTC) marginally declining while Ethereum (ETH) continued its bullish rally, surpassing the $3,500 mark. Meanwhile, several other major altcoins like XRP and Cardano (ADA) notched gains, whereas Solana faced a setback

According to popular cryptocurrency analyst Ali Martinez,BitcoinThe whale began profit taking on November 3rd and benefited from the increase in BTC from $35000 to nearly $38000.The next support level is $36400, and if the price falls below this level, it may lead to a further pullback to $30200

The price of Bitcoin is currently adjusting for an increase in the $38000 region. BTC is currently consolidating, with a possible target of further gains above the resistance zone of $37250

As Bitcoin prices remain above $37000, alternative currencies of all sizes are showing signs of rising. Bitcoin's closing target for this week is about 6% increase, indicating the continued demand for bulls in the market

The cryptocurrency market has experienced a significant rebound since mid October, and the on chain transaction costs of Bitcoin and Ethereum have also sharply increased over the past three weeks. Last week, the average transaction costs also peaked at $15 per transaction and $10

1. Bitcoin Pin Up and Down! Ethereum broke through 1900 and reached a new three-month high, with XRP strongly increasing by 10%Over the past weekend, Bitcoin (BTC) mostly fluctuated narrowly between $34000 and $35000

Surprisingly, the cryptocurrency market is experiencing a significant increase today, with Bitcoin currently worth an impressive $34628. The surge in value occurred after a critical moment in the financial industry, and the Federal Open Market Committee (FOMC) recently concluded its penultimate meeting this year, choosing to maintain a stable interest rate stance

The price of Bitcoin (BTC) has significantly increased, approaching the $36000 mark, causing ripples in the cryptocurrency market. Although multiple factors have contributed to price increases, an important driving factor seems to be the Federal Reserve's decision to stop raising interest rates, although there may be further hikes in the future

On the Ethereum network, it has recently been discovered that new addresses have been added, and derivative data shows that people have once again become optimistic about the prospects of Ethereum (ETH).However, while Solana, XRP, and Cardano are gaining momentum in the counterfeit currency market, Ethereum (ETH) seems to have been operating in a low-key manner

Bitcoin continues to hit a new high in 2023, breaking the threshold of $35500. After the Federal Reserve decides to keep interest rates unchanged, Bitcoin will continue to grow for the third consecutive week

Glassnode's latest BTC price analysis states that the rise of Bitcoin "lays the foundation for the recovery of the upward trend in 2023".In the latest weekly newsletter "On Chain Week" released on October 24th, researchers believe that the past week has "laid the foundation" for the upward trend of BTC prices