Bitcoin

<ul><li>On March 13, Bitcoin recorded 18% as its highest 24h surge.</li><li>Nearly 1.7 million BTC are left to be mined – 19,317,068 BTC in current circulation.</li></ul>The decentralized pioneer Bitcoin transitions to an uptrend spiking the anticipation of a bull run. Despite the Fed economy being in <a href="https://thenewscrypto.com/trading-of-several-banking-stocks-halted-due-to-extreme-volatility/" rel="noopener noreferrer nofollow">financial distress</a> of the centralized bank runs, BTC outperformed by surging above $24,000.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/7f2e5943692646c89b74256db14222c8.jpg" />BTC/USD 1-D Price Chart (Source: <a href="https://in.tradingview.com/symbols/BTCUSD/?exchange&#61;BITSTAMP" rel="noopener noreferrer nofollow">TradingView</a>)Following the <a href="https://thenewscrypto.com/u-s-authorities-shut-down-signature-bank-after-svb-closure/" rel="noopener noreferrer nofollow">closure of Signature bank</a>, BTC shot up from $20k to $24.8K. Significantly, since the last weekend, the pioneer cryptocurrency recorded a 24.7% – from $19,628 to $24,492 – in 4 days as per <a href="https://coinmarketcap.com/currencies/bitcoin/historical-data/" rel="noopener noreferrer nofollow">CMC</a>.According to CoinMarketCap, at press time, Bitcoin (BTC) traded at $24,312 with an 8% surge in 24h. Parallely, Ethereum (ETH) noted its prominent price surge. With over 4% in 24 hours, ETH traded at $1.667, at the time of writing.<h3 id="strong-resemblance-to-bitcoin-bull-market-2019-strong">Resemblance to Bitcoin Bull Market 2019?</h3>Bitcoin’s sudden bullish diversion in a brief timespan emerged with signals that mirror the 2019 bull market. Significantly, analysts flood Crypto Twitter with their comparison charts pointing out the resemblance of the previous bull markets’ – 2017 and 2019 – <a href="https://twitter.com/Washigorira/status/1610584706034139137/photo/1" rel="noopener noreferrer nofollow">parabolic curves</a>.As per statistics on <a href="https://www.tradingview.com/x/P8Y1zhJh/" rel="noopener noreferrer nofollow">the chart</a>, BTC has laid a bullish cross. The short-term moving average, 50 MA crossed the long-term moving average, 200MA, to record the positive...<a href="https://thenewscrypto.com/bitcoin-surpasses-24k-to-confirm-next-bull-run/" rel="noopener noreferrer nofollow">Continue reading &#64;TheNewsCrypto</a>

Bitcoin Surpasses $24K to Confirm Next Bull Run?

Table of Contents

TheNewsCrypto

Autres articles publiés le 14 mars 2023

Australian Tax Authority (ATO) Sees Your Cryptocurrency Transactions

Crypto Has Just Been Reminded About the Importance of Banks

Bitcoin Bear Peter Schiff Pours Cold Water on Recent Rally

Bitcoin Price Explodes 10% In 24 Hours With A Breach Of The $24,000 Level

Qtum Partnership with Opside Network

Inside NFT 2.0 — A New Era of Programmable Assets

Join our free newsletter for daily crypto updates!