Bitcoin increases by 25%weekly, reaches Mitte-May high heels: the weekly crypto summary
Bitcoin increases by 25%weekly, reaches Mitte-May high heels: the weekly crypto summary
It was a green week in the entire crypto country, as a positive mood and big profits returned to the market. At the top of the scene is Bitcoin with an impressive increase of around 25%, which again reaches the highest stalls from mid -May.
The interesting thing about this week is that we didn't see much back and forth, but it was rather "only" on the cryptom market. BTC acted at around $ 47,000 last week and started to rise around the middle of the week and reached 50,000 on Tuesday. On Wednesday, the cryptocurrency recorded a massive increase of 10 % and reached $ 55,000. Since then she has been consolidating within a span, but today she rose again to USD 56,000
This happened due to apparently positive news from the United States. The chairman of the Securities and Exchange Commission, Gary Gensler, called that they have no plans to follow China and banish Bitcoin.
The positivity has managed to spread out in the Green, like almost everyone over the entire cryptocurrency market. The most impressive actor was Shiba Inu. Shib shot up 290 % and saw enormal Commercial volumes on Thursday over $ 18 billion.
In essence, Bitcoin was essentially able to recapture the coveted market capitalization brand of $ 1 trillion and is located in front of a serious range of offers in the area of between $ 55,000 and $ 58,000. However, if it is overcome, many believe that there is no significant resistance to the all-time high at around $ 65,000.Of course, nothing is guaranteed in Crypto, ITCO and it is important to stay as vigilant as always, especially if everything seems great. The time will show whether we will soon see a new all -time high.
market data
Market capitalization: 2,410 billion USD | 24h vol: 151b | BTC dominance: 44.4%
Bitcoin: $ 54.709 (+25 %) | ETH: $ 3.633 (+20.05%) | XRP : $ 1.07 (+12.9 %)