Casa Paura e avidità Piscine minerarie Portafogli pubblicizzare Facebook Twitter Telegram Reddit Youtube
Mercato:
24h Vol:
Cryptocurrencies: 18046
Mercata: 101335
Crypto Currency Tracker logo Crypto Currency Tracker logo
ENG
EST
RUS
TUR
DEU
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRO
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VEF
VND
VES
VUV
WST
ZAR
ZMW
ZWL
Mercato
24h Vol
18046
Cryptocurrencies
63.83%
Bitcoin Condividere
NewsBTC 2023-06-21 13:00:38

US Bitcoin Investor Trading Volume Rises, Stage Set For Another Massive Rally?

US Bitcoin Investor Trading Volume Rises, Stage Set For Another Massive Rally?

The crypto market has been thrown into a euphoric state over the last 24 hours as the price of Bitcoin has surged once more. In its latest run, the digital asset was able to retest the $29,000 resistance before being rejected but continues to hold up nicely above $28,000. This time around, dominance from US investors has been on the rise, suggesting that they may be the leaders of this rally. US Bitcoin Trading Volume Rises To 44% The trading volume from US investors fell to a low 29% back in January and the uncertain regulatory headwinds did not much help investor sentiment. However, this has quickly changed with US investors taking advantage of the low prices presented last week when BTC fell below the $25,000 resistance. Related Reading: Bullish Signal: Bitcoin Realized Profit And Loss Fall To October 2020 Levels A report from Kaiko shows that US investor BTC trading volume has risen sharply compared to its January figures to 44% in June. This shift in Bitcoin trading volume suggests that investors are moving back toward BTC and leaving altcoins behind once more. BTC volume on US exchanges rise to 44% | Source: Kaiko This explains the fact that while Bitcoin has been on an impressive rally, altcoins have not seen as much upside. Thus, it is safe to say that most of this rally will likely be focused on BTC, indicating the potential for further upside from here. A move toward BTC compared to altcoins also shows a lower risk appetite among crypto investors. This is because while altcoins provide an opportunity for higher gains, it also comes with a higher risk of losses Hence, making Bitcoin the choice for investors when getting back into the market from a bear, but not wanting to take too many risks. BTC Steadies Above $28,000 Bitcoin bulls have now set their sights on the $30,000 price level after adding $2,000 to the digital asset’s value in the last 48 hours. This recovery signals what could possibly be the start of another 100% run similar to the one that was witnessed in the first quarter of 2023. BTC reclaims $28,000 support | Source: BTCUSD on TradingView.com If this happens, then $40,000 is a conservative stop point for the BTC price. The question then remains if this rally will rub off on altcoins which are still struggling, especially since the majority of the new volume is currently focused on Bitcoin. Related Reading: Crypto Analyst Says Bitcoin Has Already Bottomed, Sets Halving Price Nevertheless, a rise to $40,000 would be a welcome development for the BTC market and could trigger the start of another massive bull rally, a year earlier than expected. At the time of writing, BTC has broken above $28,900, displaying 8.23% gains in the last 24 hours. The cryptocurrency is performing even better on the 7-day chart after rising 11.34% and bringing its total market cap back above $561 billion. Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet… Featured image from iStock, chart from TradingView.com

La maggior parte ha letto le notizie

Mercato
24h Vol
63.83%
Bitcoin Condividere
0
Oggi notizie
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta