Bitcoin

<ul><li>Bitcoin price climbed about 27% in the last seven days.</li><li>BTC trading in rage between $27K to $28K.</li></ul>The largest cryptocurrency market player, Bitcoin (BTC), <a href="https://thenewscrypto.com/tag/bitcoin/" rel="noopener noreferrer nofollow">started to outperform the market</a> as a result of the failure of major banks like Silicon Valley Bank and Credit Suisse, which affected confidence in traditional financial institutions. Also, Bitcoin’s double-digit surge this year has surprised the crypto community.BTC began mid-March with super hikes, and its price climbed by over 33% from $19K to $29K in just 14 days. Bitcoin witnessed a strong weekly close that keeps $30,000 out of reach. Also, the market leader crossed the 50-week moving average, indicating a buy signal, as per Tradingview.<h3 id="bitcoin-s-price-line">Bitcoin’s Price Line</h3>Bloomberg Intelligence believes that the <a href="https://thenewscrypto.com/tag/federal-reserve/" rel="noopener noreferrer nofollow">banking crisis</a> may be the “catalyst” for the next cryptocurrency bull run, in which Bitcoin is likely to beat all other cryptocurrencies. As the global crypto market looks for a new direction and crypto prices skyrocket, that lead is capped at $1.16 trillion.Continue reading <a href="https://thenewscrypto.com/bitcoin-btc-outperforms-the-global-market/" rel="noopener noreferrer nofollow">&#64;TheNewsCrypto</a>

Bitcoin (BTC) Outperforms the Global Market

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TheNewsCrypto

Інші статті, опубліковані 28 бер. 2023 р.

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