Hello our dear investors! Here you can read some news about how BTC, ETH Show Signs of Recovery After a Bearish Week. Bitcoin and Ethereum charts show signs of recovery after consecutive dips this week. Bitcoin now hovers at the 38,000 level while Ethereum is at $2,300. This is a good sign after a week of crashes from the crypto market. The entire cryptocurrency industry experienced a crypto crash as portfolios and candles were bleeding red this week. However, the market is beginning to show a slight reversal as prices begin to bounce back. If we look at the current charts at coin information websites like CoinMarketCap and CoinGecko, we can see that Bitcoin has recovered a bit. At the time of writing, Bitcoin is trading on an average of $37,000 to $38,000. This is still far from its highs of above 50k USD, but it may be interpreted as a good sign that the bull market is not yet over. On the other hand, the second-ranked cryptocurrency by market capitalization, Ethereum, has also seen some recovery. As of now, ETH is trading between the $2,300 to $2,400 mark. Sincerely yours, Bit-Hit company! Company number 14007941Read More
Hello our dear investors! Here you can read some news about how Ethereum Leads The Altcoin Surge As Crypto Market Cap Exceeds $2 Trillion. The cumulative market capitalization of the crypto market topped $2 trillion for the first time on Monday. The crypto market opened in January valued at approximately $750 billion before hitting $1 trillion for the first time in history. A bull run, led by Ethereum, caused the crypto market to exceed a market cap of $2 trillion, a new record. While ETH traded above $2,150, other altcoins, including Binance Coin, Litecoin, and XRP, played a major part in the charge. The crypto industry has broken yet another record, this time topping $2 trillion in market cap. In January, the cumulative capitalization of the digital asset market exceeded $1 trillion for the first time in history. This market charge is led by Ethereum, the second-largest crypto. Other altcoins, including Litecoin, Ripple’s XRP, and Binance Coin, have also spiked to new highs. The number one crypto, Bitcoin, once again spiked near the $60,000 range. Sincerely yours, Bit-Hit company! Company number 14007941Read More
Hello our dear investors! Here you can read some news about how Bitcoin Eyes Test of Record High as Red-Hot Demand Continues. Bitcoin rose 4.1% to $56,534, just shy of its record $58,335 set on Feb. 21. Closely watched on-chain metrics that provide clues about support levels and user activity on the bitcoin network, or blockchain, continue to point to a healthy level of demand. Rising outflows from bitcoin exchanges – a bullish on-chain indicator – pointed to an increasing number of traders moving their coins off exchanges to store in private wallets for a long duration. The outflows continued to increase near levels last seen since BTC made its prior peak above $58,000. Coins began flowing out from exchanges to private wallets at a faster rate after bitcoin bottomed at about $45,200 in the wake of its recent sell off, according to data from CryptoQuant. Sincerely yours, Bit-Hit company! Company number 14007941Read More
Hello our dear investors! Here you can read some news about BTC miners! According to data from Glassnode, Bitcoin (BTC) miners made over $4 million in just under an hour on Feb. 12, making it the biggest hourly revenue in history. In May 2020, Bitcoin underwent the third block reward halving in its history, cutting the amount of new Bitcoin mined in half. Sincerely yours, Bit-Hit company! Company number 14007941Read More
Hello our dear investors! Here you can read some news about Ethereum price inches closer to a new all-time high as Bitcoin consolidates. Bitcoin (BTC) continues to trade in a tightening range within a pennant pattern and while the price has moved above the 20-day moving average, it's clear that the bulls and bears are fighting over the direction the digital asset will take. Data from Cointelegraph Markets and TradingView show that BTC traded in a range between $34,955 and $37,850 over the weekend but traders buying each dip appear to be doing so with less bullish conviction. Sincerely yours, Bit-Hit company! Company number 14007941Read More
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