The leading cryptocurrency Bitcoin (BTC), which has gained momentum in the last week, began the day with a minor value increase and is closely approaching the price levels of $30,500. Despite this surge in BTC, the commencement of the day witnessed a drop in most altcoins. This caused the total market value of the crypto ecosystem to decline by 0.15% according to CoinMarketCap (CMC) data, slipping to $1.17 trillion. Will Bitcoin’s Rise Continue? Although the leading cryptocurrency Bitcoin (BTC) began the day with minor value increases and significantly approached the $30,500 price level, most cryptocurrencies on the market experienced various degrees of value loss throughout the day. As Ethereum (ETH) started trading from the price levels of $1877 following a 0.8% drop, the total market value of the crypto ecosystem retracted to $1.17 trillion according to CMC data. The crypto market began the day with low volatility. The crypto analysis […]
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