Bitcoin

<a href="https://bitcoinworld.co.in/bitcoin-surpassed-the-60k-mark-whale-activities-increase/" title="Bitcoin Surpassed The $60k Mark, Whale Activities Increase" rel="noopener noreferrer nofollow"></a>
Bitcoin (BTC) has been consistently rising over the past few days and has just surpassed the $60k mark.&nbsp;
BTC is up by 4.3% in the past 24 hours and is <a href="https://coinstats.app/coins/bitcoin/" rel="noopener noreferrer nofollow">trading</a> at $60,258.11 at the time of writing. The flagship asset’s market cap just surpassed the $1.15 trillion mark with a daily trading volume of $45 billion.&nbsp;
According to data provided by Santiment, Bitcoin investors are taking over the crypto social media talking about the asset’s bullish momentum.&nbsp;
BTC’s social volume increased by 131% since Feb. 24, per the data provider.&nbsp;
See Also: <a class="row-title" href="https://bitcoinworld.co.in/glassnode-short-term-bitcoin-holders-are-flooding-crypto-exchanges-as-btc-soar/" aria-label="“Glassnode: Short-term Bitcoin Holders Are Flooding Crypto Exchanges As BTC Soar” (Edit)" rel="noopener noreferrer nofollow">Glassnode: Short-term Bitcoin Holders Are Flooding Crypto Exchanges As BTC Soar</a>
The majority of the conversations, according to Santiment, include the terms “60k,” “ATH,” and “bullish.”&nbsp;
This shows that some investors are currently expecting new all-time highs for the leading cryptocurrency.&nbsp;
Following the price surge from the $50,000 mark, Bitcoin’s whale activity also recorded a notable increase.&nbsp;
According to Santiment, whale transactions consisting of at least $100,000 worth of BTC surged from 8,267 to 16,885 unique transactions per day since Feb. 24.
When an asset’s whale activity quickly surges, high volatility is usually expected.&nbsp;
Per Santiment, Bitcoin’s Relative Strength Index (RSI) is currently hovering around 80.&nbsp;
The indicator suggests that the flagship crypto is currently witnessing high volatility due to greedy market conditions.
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Bitcoin Surpassed The $60k Mark, Whale Activities Increase

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