Rally

Cryptocurrency

Bitcoin

Bitcoin made a significant leap past the $54,000 mark, reaching its highest value since November 2021, disrupting its recent sideways movement as the cryptocurrency rally regained momentum. According to data from CoinDesk, the largest cryptocurrency by market capitalization broke out from its trading channel, reaching $53,600 during mid-morning U.S. trading hours. As of the latest update, BTC was valued at $53,100, reflecting a 3.8% increase over the past 24 hours. The CoinDesk20 Index (CD20) also showed a notable 2.3% gain, surpassing the 2,000 level for the first time.
Ether (ETH), the second-largest cryptocurrency, mirrored the positive trend by surging nearly 4%, achieving a fresh 22-month high at $3,150.
Swissblock, a crypto analytics firm, highlighted in a market update on Monday that BTC appears to have finally broken free from the range it maintained since February 15. The analysts noted a strong upward momentum, stating that all sails are set for further movement. According to Swissblock, the next target for Bitcoin’s price is in the $57,000-$58,000 range, with the potential for new all-time highs beyond that.

Bitcoin Surges Beyond $54,000 as Cryptocurrency Rally Rekindles

CoinstelegramEng

2024년 3월 4일에 게재된 다른 기사

Bitcoin Cash Down More Than 3% Within 24 hours

Ethereum Foundation Dumps $13 Million Worth of ETH; Is a Sell-Off Ahead?

U.S. Court rules on crypto assets as securities in Coinbase insider trading case

Tether Minting Fuels Bitcoin Price Surge: Correlation or Coincidence?

Filecoin surging as ICP falls, Pushd rallying in presale

Peter Brandt Forecasts Bitcoin’s Market Trajectory

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!