Tags : 52K

Blockchain

Bitcoin Rally Holds Help Above $52K; Subsequent Resistance Close to

Bitcoin (BTC) continues to strengthen after breaking above $50,000 earlier this week and rallying Thursday to a five-month excessive. The cryptocurrency was buying and selling round $54,000 at press time and is up 5% over the previous 24 hours. Overbought alerts counsel danger of a pullback, albeit restricted to assist round $50,000-$52,000. The intermediate-term uptrend […]Read More

Market

Market Wrap: Bitcoin Rallies On After Passing $50K Psychological Stage

Bitcoin broke above $52,000 Wednesday, with a market capitalization nearing $1 trillion. Bitcoin (BTC) buying and selling round $52,231.69 as of 21:00 UTC (4 p.m. ET). Gaining 7.16% over the earlier 24 hours. Bitcoin’s 24-hour vary: $48,430.80-$52,536.47 (CoinDesk 20) BTC trades above its 10-hour and 50-hour averages on the hourly chart, a bullish sign for […]Read More