Against the background of optimism, the first cryptocurrency overcame the mark of $ 93,000, adding more than 6% per day. Bitcoin market capitalization increased to $ 1.855 trillion, raising its dominance to 63.37%.
The cost of the air, the second in capitalization of cryptocurrency, increased by 13.6%, to $ 1794, heading the altcoin rally. XRP grew by 8%, SOLANA by 9%, Dogecoin by 15%, Cardano and Chainlink by 12%each. Avalanche and Toncoin increased by 15% and 8%, respectively, while Shiba Inu and Hedera increased by 12% and 8%. SUI jumped 30%.
The analyst of Delta Exchange Riya Sehgal said that the de -escalation of the USA and China trading dispute improved the mood in the markets and strengthened the confidence of investors in risky assets, which was reflected in the influx of more than $ 1 billion in spotal ETFs on bitcoins.
The head of Mudrex, Edul Patel) added that the pure influx in BTC-ETF reached a multi-month maximum, and the fear and greed index shifted to the neutral level, signaling the return of retail investors to cryptocurrency lines.
FXLEADERS analysts predict that while maintaining a bull pulse, Bitcoin can again test the level of $ 100,000, with support at $ 88,000.
Earlier, specialists of the Cryptoquant analytical platform said that over the past day they recorded significant growth in open interest (OI) in the first cryptocurrency.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
