Bitcoin quickly jumps over the $ 52K zone, just to be pushed back, crypto economy increases by 3.5%-markets and prices Bitcoin News
Bitcoin quickly jumps over the $ 52K zone, just to be pushed back, crypto economy increases by 3.5%-markets and prices Bitcoin News
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Bitcoin exceeded the 52,000 mark on Monday morning because the markets for crypto-assets moved north and gained more Fiat value. The entire crypto economy is around $ 2.45 trillion and has increased 3.5% in the last 24 hours. In the meantime, the Bitcoin charts show an upcoming golden crossover, which for many means that the overall market louts are interest bullies.
Bitcoin meets resistance above the $ 52K handle
The markets for digital assets are in the green today and many crypto assets have recorded one or double-digit profits in the last 24 hours. At the time of writing, the entire crypto economy of more than 10,000 cryptos on Monday is around $ 2.45 trillion. Bitcoin ( btc ) has increased more than 3.5 % today and 6.3 % in the last seven days. On Monday morning (est), btc exceeded the $ 52k zone and reached $ 52.230 per unit. Many suspect btc ’next months will be interest bullish and a floating golden cross charts signal indicates that this could be the case.
Basically, if the short -term moving average jumps over the long -term moving average and begins to move north, retailers call it a golden cross and assume that an upward trend is imminent. "On Friday, btc broke the resistance of $ 50,500, paused on Monday 51,500 US dollar, now Difficulties have to stay, ”said Alex Kuptsikevich, a senior financial analyst from FXPro, to Bitcoin.com News.
"Actually, Bitcoin has been doing over $ 50,000 since last week because the bulls have managed to keep the course above the sliding 200-day average. Against this background, the price of 'over fifty' has become quite common in the past few days," added Kuptsikevich. The analyst continued:
An anchoring over this brand will pave the way to USD 60,000 and could become a catalyst for a complete reversal of the cryptoma market.
Ethereum is approaching every time, countless other cryptos see double -digit profits
In the meantime Ethereum ( eth ) has only increased by 0.3% today, but in the past week ether 22.2% has increased. ETH reached a high above the $ 4,000 handle on September 1st. Simon Peters, crypto-asset analyst from Etoro, says that Ether is heading for all-time highs.
"Ether is approaching an all-time high, while Bitcoin has reached over $ 50,000 for the first time since mid-May," said Peters. " eth increased in the last week and would be close to breaking the 4,000 dollar brand. Rapidly and reached $ 3,981 over the week. Etoro's crypto analyst continued:
A meeting of factors contributes to the increasing price of eth . eth burning, staking, gas fees, transactions and closed tokens on defi all work together to support the price level. btc since mid-May for the first time over $ 50,000. The crypto-asset started the week with a decline to less than $ 47,000 before increasing over $ 50,000 in the middle of the week. Today in early trade btc has increased again and has reached 52,000 US dollars.
Since Bitcoin and Ethereum have recorded some growth and of course attention, a number of other crypto assets have achieved better returns in the past 24 hours. Coins like Quant, OMG Network, Filecoin, Ftx Token, Fantom, Qtum, Chainlink, Mdex, Bitcoin Cash and EOS have recorded all double-digit 24-hour profits.
What do you think of Bitcoin and the rest of the recent improvements in the crypto economy? Let us know your opinion on this topic in the comments below.
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