Bitcoin (BTC) has risen above $ 26 thousand again, the rises in the crypto market may continue under the leadership of BTC.
With the recently announced US Inflation Data, serious movements have been seen in the crypto sector. BTC again exceed $26,000may be giving an important signal for the sector. Banksaffected by the crisis, which decreased to $ 19,500 levels. BTC seems to have taken the flag in real terms for now. Also, data from Lookonchain states that Tether has minted approximately 3 billion USDT on Ethereum and Tron networks in the last 2 days. It may be one of the triggering factors of the rise experienced in the market.
over $26,000 continuityCan it take BTC to new heights?
Bitcoin (BTC) Chart Analysis
Your negative newsby succession 19. 560instant to dollar level fallingBTC, fully empoweredlooks. $23,900 It is currently leading the crypto market again, by capturing an upward momentum from its level. In order to talk about possible rises in the market, BTC’s $26,000“ permanent way exceed “It is of great importance. especially banksmay be biased FUDIn the news scenario, BTC’s 24,800 dollarup to the level dropseems likely to survive.
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Market Value Analysis for Bitcoin
After the release of US inflation data BTCfor market value hard movements took place. BTCfor now, 487 billionThe dollar is above market value. BTCmarket value risein order to continue, 512 billion dollarmarket value permanentway to transcend” your rise more in the name of “It is of great importance. livable market value dropin the scenario 487 billion dollarlevel can act as support.
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Bitcoin Dominance, What is the Latest Situation for Altcoins?
of BTCone of the main factors of the USA inflation of datawith the announcement, BTC dominance‘ has reached its recent highest value. BTCWith the retreat in the price, pullbacks were observed on the Dominans side. AltcoinsPercentage of Dominance level for bullish scenario 45.35It’s important to relax. BTCpercent of domina again 46.89for altcoins to test levels in price suppression can create.
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