Bitcoin Clings to USD 20,000 – Novinite.com

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Bitcoin Trading at .400 on Tuesday morning (+2.8% over 24 hours), it managed to reach meaningful round levels earlier in the week. ethereum The top altcoins have risen from 3.5% (Dogecoin) to 7.1% (Solana).

According to CoinMarketCap, the cryptocurrency market capitalization surged 4.2% overnight to 2 billion. The cryptocurrency fear and greed index climbed 3 points to 27 by Tuesday, moving from ‘extreme fear’ to ‘fear’.

Bitcoin had found support on Monday with a drop below 19500. Buyers were attracted at roughly the same level as in July. We can cautiously state that the bears’ impulsive attack has stopped, preventing the first cryptocurrency from making new lows. This dynamic has boosted a wide spectrum of buyers who have quickly returned to buying Ethereum, one of his strong fundamentals in recent months.

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According to CoinShares, Cryptocurrency Last week was m and investors raised money in week 3. on the other hand, Bitcoin Investments in funds that allow shorting of funds accounted for 1 million. Bitcoin million up.

Bitcoin Unique because it’s technically one of the worst Cryptocurrency Justin Bones, founder and chief investment officer of Cyber ​​Capital, says it’s just a speculative asset with no usefulness. He was previously the first cryptocurrency proponent, but changed his view after the community refused to increase the block size limit.

cardano beats Bitcoin MBLM’s Consumer Emotional Affection Ranking ranked 26th among 600 global brands. Bitcoin Finished 30th.

Former U.S. broker Jordan Belfort, known as the “Wolf of Wall Street,” said: Bitcoin When ethereum Although primarily perceived as a solid digital asset due to its strong fundamentals, it has compared the cryptocurrency market to the junk bonds of the 1980s.

Meanwhile, the Chicago Mercantile Exchange (CME Group) has launched futures contracts denominated in euros. Bitcoin and Ethereum.

/Alex Kuptsikevich, FxPro Senior Market Analyst

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