The leading cryptocurrency, Bitcoin (BTC), has shown strong upward momentum in recent days. In the last 24 hours, it has recorded a value increase of 4%, successfully surpassing the $30,000 price level. The cryptocurrency market has resumed its ascent, driven by the impact of Spot Bitcoin ETF applications from major asset management firms. According to CoinMarketCap data, the total market value of the crypto ecosystem has reached $1.17 trillion. Furthermore, market volatility has also seen a significant rise in recent days. Cryptocurrency Market on the Rise An analyst evaluating these recent increases in the crypto market has warned cryptocurrency investors of near-term critical price levels. Cryptocurrency analyst Michaël van de Poppe evaluated the current situation in the crypto market in a series of posts on his Twitter account, pointing out near-term critical price levels. The analyst suggests both the price of BTC and Bitcoin’s market dominance (BTC.D) have reached a […]
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