- bitcoin Bitcoin / US Dollar And Ethereum ETH/USD It soared late Sunday evening, joining the rest of the top ten cryptocurrencies by market capitalization in a significant rally.
| Coins | the price | Winnings (recorded at 9 p.m. ET) |
| bitcoin | $17,175 | +3.42% |
| Ethereum | $1,292 | +7.84% |
- What happened: Bitcoin price rose 3.42% at $17,175 over the past 24 hours, crossing the $17,000 level, while Ethereum rose 7.84 percent to $1,292, according to CoinMarketCap data.
- Mimi Quinn Dogecoin DOGE/USD It also showed positive gains, rising by 4% to $0.075.
- The total cryptocurrency market cap increased by 2.77% to $845.4 billion.
- The Dow Jones Industrial Average rose 2.1%, the S&P 500 rose 2.3%, and the Nasdaq Composite ended up 2.6% on Friday.
- This is the best day on record for the Dow and S&P 500 since November 4th. 30 and the most successful for the Nasdaq since Dec. 3. 29.
We see more: Best crypto day trading strategies
- parser view: a famous cryptocurrency analyst Michael Van de Poppe Expect a big rise this week, but warn of a slight decline on Monday as a result of the Gemini correction or other corrections.
- Crypto lender Genesis last week exclusion 60 jobsor 30% of its workforce, as it tried to economize and avoid filing for bankruptcy.
- cryptoslite analysis Glassnode data indicates a significant increase in open interest for both Bitcoin and Ethereum.
- The analysis showed a clear trend of far more buying options than selling options, indicating a strong bullish trend among options traders. Bitcoin saw its strongest demand in the $15,000-$20,000 range, where the buy and sell options are roughly equal.
- This is not surprising given that it has been established recently since FTX collapse, which caused it to trade within this general price range.
More than 85% of Bitcoin has reportedly not moved, according to “Documenting Bitcoin,” the source for all BTC stories.
read the following: Billionaire Genesis-backed cryptocurrency lender pivots to 30% job cuts, months after laying off 20% of staff
“Explorer. Unapologetic entrepreneur. Alcohol fanatic. Certified writer. Wannabe tv evangelist. Twitter fanatic. Student. Web scholar. Travel buff.”
