Tag: High

Bitcoin Bulls Take Over as Cryptocurrency Surges to Impressive 90-Day High

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After months of uncertainty, Bitcoin (BTC) has finally broken free from the bearish grip that has held it down. The cryptocurrency has made its first higher high since hitting its all-time high, signaling the start of a new bullish trend. While the price could still fluctuate, any downward trend from here would not be a continuation of the previous bear market. This breakthrough in bitcoin’s price offers renewed hope to investors and crypto enthusiasts who have been patiently waiting for a bullish turn. Bitcoin, which reached its all-time high (ATH)…

Bitcoin traders greedy, Fear and Greed Index at a 16-month high

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The Bitcoin Fear and Greed Index is at a 16-month high, rising to 64, as traders appear to be optimistic of the coin’s prospects. Bitcoin traders are greedy According to the index’s reading on Mar. 18, it appears that traders are “greedy” and looking to buy more coins and ride the march higher. The shift in sentiment follows the exemplary performance of bitcoin (BTC) in the past few trading days. Fear and Greed Index The Fear and Greed Index is a crypto sentiment indicator that traders and investors closely follow. Unlike other…

ETC up 12%, as SOL Nears 1-Month High – Market Updates Bitcoin News

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Ethereum classic rose by as much as 12% in today’s session, as cryptocurrency markets rallied to start the weekend. The global market cap is trading over 3% higher at the time of writing, as investors continue to buy crypto following the recent banking crisis. Solana was also higher in today’s session. Ethereum Classic (ETC) Ethereum classic (ETC) rose by as much as 12% in today’s session, as traders continued to pump cryptocurrencies. Following a low of $19.14 on Friday, ETC/USD moved to a high of $22.46 to start the weekend.…

Bitcoin price hits $27K in new 9-month high as Fed injects $300B

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Bitcoin (BTC) hit new nine-month highs on March 17 as the latest events in the growing United States banking crisis boosted crypto markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Banking crisis volatility sees $27,000 BTC price Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $27,025 on Bitstamp before consolidating. At the time of writing, the pair circled $26,500 with volatility ongoing after the Wall Street open. A catalyst for fresh upside had come in the form of the Federal Reserve’s balance sheet data overnight, this showing almost…

BTC Hits $27,000, Securing Fresh 9-Month High – Market Updates Bitcoin News

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Bitcoin moved to a fresh nine-month high on Friday, as prices moved above the $27,000 level. The surge comes following the U.S. Federal Reserve’s decision to backstop embattled banks to a record tune of $152.9 billion. Ethereum was also in the green in today’s session. Bitcoin Bitcoin (BTC) rose back above $27,000 in today’s session, as markets reacted to the Federal Reserve’s decision to pump liquidity into the U.S. economy. Following a low of $24,624.74 on Thursday, BTC/USD raced to an intraday peak of $27,002.39 earlier in the day. As…

Coinbase expects high demand for ETH unstaking with Shanghai upgrade

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Ether (ETH) stakers who have had their holdings locked up during the Ethereum Merge event might soon have access to “unstaking.“ Coinbase has announced in a tweet that unstaking requests on its platform may take the protocol weeks or months to process. According to the tweet, it expects a flood of staking withdrawal requests after the update to the Ethereum network enables the functionality next month. The Merge transitioned Ethereum from proof-of-work (PoW) to proof-of-stake (PoS) in September 2022, but stakers’ holdings remained locked up. This merger created a temporary situation where…

Bitcoin BTC Dominance Reaches 9-Month High

Bitcoin’s dominance has also strengthened while stablecoin unrest has surfaced over the last few weeks, with the world’s second largest stablecoin USDC, depegging from the dollar following the collapse of Silicon Valley Bank. USDC has more recently regained its peg, but uncertainty about stablecoins’ path forward remains, particularly as regulators have increased their scrutiny of this asset. Source

BTC Hits 9-Month High, as ETH Moves Above $1,700 – Market Updates Bitcoin News

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Bitcoin briefly surged to a nine-month high late on Tuesday, as prices moved above the $26,000 mark. Although prices have since declined, overall sentiment remains bullish following the latest U.S. inflation report. Consumer prices fell to 6% last month, with ethereum climbing above $1,700 as a result. Bitcoin Bitcoin (BTC) fell from a nine-month high on Wednesday, following yesterday’s post-U.S.-inflation-report rally. BTC/USD is trading at $24,858.50 at the time of writing, hours after prices surged to a peak of $26,514.72. Tuesday’s peak saw the world’s largest cryptocurrency hit its strongest…