by Koinat | Feb 13, 2024 | Market News
As the S&P 500 reaches record highs, bullish sentiment dominates not only traditional markets but also the supposedly risky corners like cryptocurrencies. Bitcoin (BTC), the top cryptocurrency by market cap, saw a remarkable surge of nearly 13.5% to $48,300 during...
by Koinat | Feb 13, 2024 | Market News
Bitcoin has reached the $50,000 milestone, marking its highest level in over two years. The surge in the world’s largest cryptocurrency is attributed to anticipation of interest rate cuts later this year and recent regulatory approvals for U.S. exchange-traded...
by Koinat | Feb 8, 2024 | Market News
Bitcoin edges closer to the $45,000 mark amidst a surge in open interest, raising concerns about the strength of BTC’s price at these new levels. On February 8, Bitcoin maintained a 3% increase, offering a glimpse of much-needed upside potential in crypto...
by Koinat | Feb 8, 2024 | Market News
January witnessed a notable increase in spot trading volume on centralized exchanges, fueled by the approval of spot bitcoin ETFs in the U.S. Spot trading volume across centralized crypto exchanges saw a fourth consecutive monthly rise in January, reaching levels last...
by Koinat | Feb 8, 2024 | Market News
Bitcoin (BTC) experienced a surge on Wednesday, surpassing $44,000 to reach a new four-week high, buoyed by increased accumulation by large holders and record highs in U.S. equity indices. The leading cryptocurrency by market value climbed from $42,700 earlier in the...
by Koinat | Feb 7, 2024 | Market News
Market enthusiasts are optimistic about the potential good fortune the “Year of the Dragon” may bring to the crypto market, but traditional analysts urge caution. Bitcoin (BTC) maintained a steady position, hovering around $42,000 early Monday, while the...
