The Altcoin rally raised the market value of all the crypto coins to three-week high. Bitcoin (BTC) prices went up at noon on Friday, and the leading crypto currency continued its upward trend in the fourth consecutive week. since trading at $ 3,898, an increase of 1.2 percent from Thursday's level. The crypto currency needs to close the week at over $ 3,930 in order to achieve its fourth consecutive win-up week, which has not been possible for nearly a year.
Leading crypto-currency Bitcoin is up 1% from $ 3,960 at the time of writing. The flagship of crypto coins currently has a market value of $ 69.6 billion. Bitcoin manages a recent 24-hour trading volume of $ 9.7 billion with its market value.
ETIO's senior market analyst, Mati Greenspan, commented on the issue:
Bitcoin continues to maintain a straight resistance and is trying to get rid of a $ 4,000 interim resistance. Crypto rally seems to have lost momentum. Because the volumes in the stock markets seem to be declining after their recent rise. Volumes continue to rise below just $ 30 billion a day. At this point, the altcoin season seems to be moderating with smaller digital currencies or subcoins, and it seems to have entered a new phase.
The information in the contents of the article is for informational purposes only. It does not constitute any investment advice. The author and kriptoparahaber.com are not liable for your profit or loss arising from the investments you are making. Investment is ultimately based on a number of grounds, such as knowledge, knowledge, experience, research, and personal decisions.