The statement of Bitcoin price
The recovery in the oil market now seems to be affecting Bitcoin and the entire crypto market to the same extent. After a recovery in the stock market yesterday, the total market capitalization also increased by around USD 9 billion, reaching around USD 206 billion. Next to Bitcoin, (6.1%), (+7.4%), Stellar (12.0%) and (+7.3%) have seen the largest price increases within the top 20 by market capitalization. The jumped above the important support/resistance level of $7,000 yesterday. However, BTC failed to rise above the trading level from before Monday’s crash to turn the recovery into a full-blown bullish breakout. Within the past 24 hours, Bitcoin has thus only recorded a solid increase of around 3.5% and is trading at USD 7,135 at the time of writing.On Monday, the historic fall in oil prices had sent both traditional markets and the crypto market tumbling.
作者 : Jake Simmons