Today, Bitcoin continued its upward trajectory, remaining steady around $66,000 after reaching a new peak earlier this week. Investors continue to show confidence in the leading cryptocurrency.

Bitcoin, the world’s oldest and most valuable cryptocurrency, maintained its momentum, staying close to the $66,000 mark. This steady performance indicates that Bitcoin’s recent surge is far from over, with other popular coins like Ethereum, Ripple, Litecoin and WhiteBitcoin also performing well.

Among the notable movements, Fetch.ai (FET) experienced a significant increase of nearly 50% in just one day, while Memecoin BONK saw a decline of over 7%.

The cryptocurrency market’s overall bullish trend is attributed to factors such as increased investment in crypto products and anticipation of global interest rate adjustments. Lennix Lai, from OKX exchange, highlights the impact of ETF adoption and upcoming upgrades like Ethereum’s and Bitcoin’s halving event.

The recent approval of eleven spot bitcoin ETFs by the U.S. Securities and Exchange Commission marked a pivotal moment for the industry, signaling renewed confidence after a challenging period marked by bankruptcies and scandals.

Institutional investors, previously hesitant to enter the crypto market, are now showing interest, further fueling the current surge. However, analysts caution that cryptocurrencies remain speculative assets, prone to sudden fluctuations and volatility.

Despite recent record highs, cryptocurrencies like Bitcoin and Ethereum have demonstrated their resilience and potential for growth. However, investors should remain vigilant and consider the speculative nature of these assets in their investment strategies.

As the crypto market continues to evolve, it’s essential for investors to stay informed and make decisions based on thorough research and risk assessment.

The worldwide cryptocurrency market capitalization increased by more than 8% to $2.33 trillion. The overall cryptocurrency market volume in the last 24 hours was $198.71 billion, up 110 percent.

The cryptocurrency market boom has resumed. Bitcoin rallied again on Thursday, hovering over $64,000 for the first time in approximately 27 months. The largest crypto coin in terms of market capitalization is up roughly 11%, with a total valuation of $1.24 trillion.

The increase in Bitcoin is primarily due to the much-anticipated Bitcoin halving; the introduction of Bitcoin exchange-traded funds (ETFs), which is increasing institutional flows; and Amazon’s Jeff Bezos’ reported interest in the digital asset class.

Bitcoin has surged in the last 24 hours, approaching $64,000. This rise is linked to the ten Bitcoin ETFs in the United States, which set a new daily record with a trading volume of more than $7 billion. BlackRock’s Bitcoin ETF, in instance, traded $3.3 billion on Wednesday, twice its previous volume record, indicating rising demand.

Bitcoin has increased by more than 50% in the first two months of 2024, and by almost 45% in February alone. Even in the last week, the largest cryptocurrency token’s valuation has increased by around 25%. Bitcoin was trading around $63,500 as of 12.15 p.m. on Thursday.

In the last 24 hours, Bitcoin spot ETFs saw extraordinary volumes, with a total of $7.5 billion traded, twice the previous record as BTC reached an all-time high in Indian markets. Bitcoin is now up by more than 44% in February, the largest monthly increase since December 2020.

According to Coinmarketcap, the worldwide cryptocurrency market capitalization increased by more than 8% to $2.33 trillion. The entire cryptocurrency market volume during the last 24 hours was $198.71 billion, representing a 109.95 percent increase. Bitcoin’s dominance increased by more than one percent to 53.27 percent.

All Indian investors who previously invested in Bitcoin are now in a profitable position, as market mood shifts towards ‘extreme greed’. It is worth noting that Bitcoin has never achieved all-time highs during the halving event. The all-time high of $69,000 would serve as significant resistance, it said.

Bitcoin has been set on fire by allegations about Jeff Bezos’ involvement in the digital asset class, who is claimed to have invested billions of dollars in Bitcoin. However, neither Bezos nor Amazon have confirmed this.

Bitcoin has soared and is on track to break its all-time high set in November 2021. This rise is being driven by historical tendencies before halving events, strong inflows into Bitcoin spot ETFs, and support from significant institutions.

Jeff Bezos’ rumored $8 billion Bitcoin investment has poured gasoline to the fire, he claims. “While the crypto community views these stories skeptically, the mere mention of Bezos entering the crypto arena has ignited excitement. Despite the lack of tangible evidence and no official word from Bezos or Amazon confirming the same, speculation continues.”

Optimism in the crypto space is also fueled by the possibility of the US Federal Reserve cutting interest rates this year amid easing inflationary pressures, which increases the appeal of Bitcoin futures, according to market experts, who believe that the current rally is primarily driven by institutional investors, with little retail participation.

This indicates that Bitcoin is on track to surpass historical highs as we reach March. The countdown to the next halving event in mid-April further heightens interest, paving the way for Bitcoin to enter uncharted territory.

Despite indications of a likely rise of the dollar index, technical indicators for BTC/USD point to an optimistic outlook. “The general improvement in liquidity has also provided a green signal to investors to interact with the crypto market in a robust manner.

On Monday, major cryptocurrency tokens traded mixed. While Bitcoin declined 0.24% in the last 24 hours, trading at $51,513.69 around 12 p.m. India time, other big cryptocurrencies such as Ethereum, Solana, BNB, Avalanche, Toncoin, and Tron rose by up to 2%. The other laggards in the bunch were XRP, Cardano, and Dogecoin, which fell by up to 1.5%.

Bitcoin has been consolidating over the previous two weeks, ranging between $50,000 and $53,000 after climbing over 36% since the beginning of 2024. Bitcoin has failed to overcome the $53,000 barrier. In his opinion, a break above this level would bring the price up to $60,000 in the near future.

Meanwhile, CoinDCX forecasts bearishness following the first net outflow from the BTC ETF since January 25, 2024. Technically, BTC closed in the red but remained within its range, with local support near $50,600 and resistance at $52,500, according to CoinDCX market activity. On the other hand, Ethereum remained rather consistent, hanging between $2,900 and $3,000, with local support at $2,880 and resistance at $3,030.

CoinDCX believes that Reddit’s hinting at excess cash investments in Bitcoin and Ethereum bodes positively for both cryptocurrencies.

ETH recaptured the $3k mark for the second time in February, and recent higher swings have also increased its Relative Strength Index (RSI).

In the cryptocurrency realm, UNI, Uniswap’s governance token, increased by 60% on Friday evening following a proposal from a prominent Uniswap Foundation member to restructure the protocol’s fees-sharing arrangement for token holders. Since then, the token has been able to maintain its value around $11. Simultaneously, Avalanche (AVAX, +0.57%) experienced a massive outage on Friday, unable to produce blocks for over four hours owing to network strain.

Major crypto currencies were trading down on Tuesday as investors looked to the minutes of the US central bank’s most recent meeting for hints on the policy outlook.

Bitcoin was down 0.3% at $51,814, while Ethereum rose 1.4% to $2,971. Meanwhile, the global cryptocurrency market cap declined 0.21% to roughly $1.97 trillion over the last 24 hours.

Solana, Avalanche, Dogecoin, Polkadot, Toncoi, XRP, Internet Computer, and Shiba Inu are among the top altcoins that have fallen by up to 6%. While Ethereum and Tron rose by up to 2%.

Bitcoin has surged significantly in the previous 24 hours, reaching a new year high of $53,000. However, it swiftly retreated below $50,750 due to factors such as increasing open interest and unfavorable funding rates for bullish bets.

In contrast, Ethereum stayed pretty stable throughout the turbulence, scarcely falling in price and even surpassing the $3,000 mark.

“ETH has been on a tear since the middle of January. There are two key causes for this. The first is the expectation of a spot ETF in the United States. Standard Chartered Bank expects the SEC to approve spot Ethereum ETFs sometime in May, which may be viewed as external confirmation from traditional finance. Another important factor is the Ethereum network’s ‘Dencun upgrade’.”

DeFi currently has a total volume of $6.73 billion, accounting for 7.70% of the whole crypto market’s 24-hour volume. According to CoinMarketCap data, the total amount of stablecoins is now $79.25 billion, accounting for 90.62% of the whole crypto market’s 24-hour volume.

Bitcoin, the world’s largest cryptocurrency, has seen its market capitalization drop to $1.015 trillion in the last 24 hours. According to CoinMarketCap, Bitcoin presently has a dominance of 51.61%. BTC volume increased 44.8% over the last 24 hours to $31.55 billion.

Bitcoin saw a minor fall to $50,700 while attempting to break the $53,000 resistance, but quickly rallied to $52,000. This price activity could be attributed to VanEck’s spot BTC ETF, HODL, which skyrocketed up to 14X in a single day on $258 million of trading volume.

Bitcoin, Ethereum, Solana, and Dogecoin were among the top crypto tokens trading higher on Monday, with a positive bias.

Bitcoin was trading 1.2% higher at $52,311, while Ethereum was up 4% to $2,920. Meanwhile, the worldwide cryptocurrency market capitalization increased by 1.4% to roughly $1.97 trillion in the last 24 hours.

Bitcoin traded at $52,000 over the weekend, indicating an increasingly positive view. Bulls are being patient with their profits, anticipating a long-term uptrend. If Bitcoin remains above its present price, the next objective is $55,000.

Ethereum is showing a stronger optimistic trend than BTC, with a 15% gain in the last seven days and currently trading around $2,800. A close above $2,900 would position Ethereum to meet the next obstacle above $3,000.

Bitcoin maintains its momentum as it attempts to shatter the $53,000 barrier. Any breakout above should drive the price to $60,000 in the near future.

Altcoins such as Polygon and Internet Computer increased by 6% and 9%, respectively. Solana, Dogecoin, Shiba Inu, Toncoin, Polkadot, and Cardano all climbed up to 2%.

DeFi currently has a total volume of $5.67 billion, accounting for 8.55% of the whole crypto market’s 24-hour volume. According to CoinMarketCap data, the total amount of stablecoins is now $60.03 billion, accounting for 90.47% of the whole crypto market’s 24-hour volume.

Bitcoin, the world’s largest cryptocurrency, has seen its market capitalization rise to $1.027 trillion in the last 24 hours. According to CoinMarketCap, Bitcoin presently has a dominance of 51.81%. Bitcoin volume plummeted 13.3% in the last 24 hours, reaching $18.6 billion.

Bitcoin remains about $52K, while Ethereum is around $2.8K. BTC’s recent good performance coincided with the US dollar and government yields, indicating that the prevailing story is about institutional demand rather than being a safe haven asset. The key resistance for BTC remains at $52.8K; failure to cross this level may result in another downward downturn. Similarly, the first key support is $51.3K; if Bitcoin closes below this level, bearish momentum may dominate.

Major crypto tokens continued to rise in Friday’s trade as the prospect of a rate cut in June increased following a significant decline in US retail sales.

Overnight, figures revealed that US retail sales declined 0.8% in January, the steepest loss in ten months.

Bitcoin was trading 0.22% higher at $52,074, while Ethereum was up 2.5% to $2,842. Meanwhile, the worldwide cryptocurrency market capitalization increased by 1% to roughly $1.96 trillion in the last 24 hours.

Bitcoin has traded between $51,900 and $52,700 in the last 24 hours, with a market capitalization of more than $1 trillion. Significant investments in Bitcoin spot ETFs, as well as an improved hunger among US investors for the principal digital asset, spurred the price gain.

Ethereum has outperformed Bitcoin in terms of weekly growth, owing to an increase in Ethereum staking. The momentum predicts that Ethereum will surpass the $3,000 mark in the next days.

Other altcoins, like BNB, XRP, Cardano, and Polygon, rose 4-7%. Chainlink, Polkadot, Toncoin, Internet Computer, and Shiba Inu also saw gains of up to 3%. However, Solana and Avalanche dropped up to 2%.

DeFi’s total volume is currently $7.29 billion, accounting for 8.29% of the total cryptocurrency market’s 24-hour volume. According to CoinMarketCap data, the total amount of stablecoins is now $80.34 billion, accounting for 91.3% of the total 24-hour volume on the crypto market.

Bitcoin, the world’s largest cryptocurrency, has seen its market capitalization rise to $1.02 trillion in the last 24 hours. According to CoinMarketCap, Bitcoin now has a dominance of 52.16%. BTC volume plummeted 19.5% in the last 24 hours, reaching $35.2 billion.

The cryptocurrency markets were trading slightly lower on Monday after Bitcoin reached 48,000 over the weekend. In the last 24 hours, the global cryptocurrency market capitalization declined by 0.8% to roughly $1.8 trillion.

Bitcoin was down 0.14% at $48,128, while Ethereum down 1.15% to $2,498.

Other altcoins, like Solana, Avalanche, Cardano, and Polygon, lost 3-4 percent. XRP, Dogecoin, Chainlink, Polkadot, Internet Computer, and Shiba Inu all decreased by up to 3%.

BTC has been experiencing positive price action since last week, owing to the spot ETF momentum. According to a recent post by Glassnode, on-chain measures analyzing BTC’s value suggest that we may have entered the early stages of a bull market

The cryptocurrency market continues to rise, fueled by rising interest and acceptance of Bitcoin Spot ETFs. Bitcoin surged more than 6% in a single day over the weekend, testing resistance around $49,000 before closing above $48,000 today. Any breakout above $49,000 might propel the price towards $50,000 and, ultimately, the all-time high of above $60,000. Once Bitcoin’s supremacy fades, Ethereum and other cryptocurrencies’ market capitalizations may skyrocket.

DeFi currently has a total volume of $4.5 billion, accounting for 9.96% of the whole crypto market’s 24-hour volume. According to CoinMarketCap data, the total amount of stablecoins is now $40.32 billion, accounting for 89.34% of the whole crypto market’s 24-hour volume.

Bitcoin, the world’s largest cryptocurrency, has seen its market capitalization rise to $943 billion in the last 24 hours. According to CoinMarketCap, Bitcoin presently holds a 52.5% domination. In the last 24 hours, BTC volume climbed by 2.07% to $19 billion.

The Bitcoin price is hanging at $42,585, with a high probability of breaking above $49,000 and important support at $47,680. Technical indications point to a positive outlook, with an RSI around 77.

Quick analysis of cryptocurrency prices on February 5th: The worldwide market capitalization dropped to $1.63 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, remained above $43,000 over the weekend. Other popular coins, like as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), experienced slight increases and losses. The Ronin (RON) token saw the greatest gain of the bunch, with a 24-hour increase of more than 13%. MANTA, on the other hand, suffered the most significant loss, falling nearly 8% in a single day.

At the time of writing, the worldwide crypto market capitalization was $1.63 trillion, representing a 0.82 percent gain over the previous day.

Bitcoin (BTC) Price Today
According to CoinMarketCap, the bitcoin price was $42,651.90, a 0.81 percent decrease in the previous 24 hours.

Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $2,292.04, a 0.39 percent decrease over the previous 24 hours.

Dogecoin (DOGE) Price Today
At the time of writing, the price of ETH was $2,292.04, a 0.39 percent decrease over the previous 24 hours.

Litecoin (LTC) Price Today
Litecoin fell 1.56% over the last 24 hours. At the time of writing, the stock was trading at $67.10.

Ripple (XRP) Price Today
The XRP price remained at $0.5056, down 2.26 percent in 24 hours.

Solana (SOL) Price Today
Solana prices stood at $96.10, down 2.05 percent in 24 hours.

Quick analysis of cryptocurrency prices on January 26: The worldwide market capitalization stood at $1.56 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, surpassed $40,000 early Friday. Other popular coins, such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), experienced a mix of modest increases and declines. The MANTA token, which was the biggest gainer yesterday, ended up being the biggest loser today, with a 24-hour drop of more than 10%. PYTH, on the other hand, became the greatest gainer, with a 24-hour increase of more than 13%.

At the time of writing, the worldwide cryptocurrency market capitalization was $1.56 trillion, up 0.32 percent in 24 hours.

Bitcoin (BTC) Price Today
According to CoinMarketCap, the bitcoin price was $40,116.38, representing a 0.37 percent increase in the previous 24 hours.

Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $2,223.92, a 0.38 percent increase over the previous 24 hours.

Dogecoin (DOGE) Price Today
According to CoinMarketCap data, DOGE increased by 0.17 percent in the last 24 hours and is now trading at $0.07811.

Litecoin (LTC) Price Today
Litecoin increased by 0.15 percent over the course of 24 hours. At the time of writing, the stock was trading at $65.72.

Ripple (XRP) Price Today
XRP was trading at $0.5135, down 0.27 percent in 24 hours.

Solana (SOL) Price Today
Solana was trading at $88.04, down 0.25 percent in 24 hours.

Quick analysis of cryptocurrency prices on January 23rd: The worldwide market capitalization dropped to $1.58 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, fell below $40,000 early Tuesday, reaching a low of $39,474.66 before recovering. The upcoming policy meeting of the US central bank is expected to provide some clues on the coin’s future behaviour. Other major coins, such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), all fell in price. The SUI token was the largest gainer of all, with a 24-hour increase of more than 7%. Astar (ASTR) was the greatest loser, with a 24-hour drop of more than 10%.

At the time of writing, the worldwide crypto market capitalization was $1.58 trillion, a 2.42 percent decrease from the previous day.

Bitcoin (BTC) Price Today
According to CoinMarketCap, the bitcoin price was $40,108.25, a 2.13 percent decrease from the previous day.

Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $2,347.37, a 3.13 percent decrease over the previous 24 hours.

Dogecoin (DOGE) Price Today
According to CoinMarketCap data, DOGE has lost 2.28 percent in the past 24 hours and is currently trading at $0.08124.

Litecoin (LTC) Price Today
Litecoin fell 5.30 percent over the course of 24 hours. At the time of writing, it was trading at $68.23.

Ripple (XRP) Price Today
The XRP price was $0.531, representing a 1.74 percent decline over the previous 24 hours.

Solana (SOL) Price Today
Solana prices fell 3.65 percent in 24 hours to $85.67.