Bitcoin Nearly Taps $29,000 as Bull Run Continues

Bitcoin nearly tapped $29,000 this morning as the bull run has continued. The leading cryptocurrency is up 5% 과거에 24 시간, having pushed from the $27,000 region to $28,900 in the latest leg higher.

Bitcoin currently trades for $28,750 as bulls have failed to surmount the $29,000 resistance.

Chart of BTC's price action over the past month from TradingView.com

Altcoins are underperforming during this rally higher.

Ethereum has only gained 3% 과거에 24 시간, underperforming Bitcoin’s rally. This has been a large trend of the past year, with BTC strongly outperforming altcoins as it sucks the air out of the 알트 코인

알트 코인은 비트 코인을 제외한 모든 암호 화폐로 정의됩니다.. "Altcoin"은 두 단어의 조합입니다.: "대체 비트 코인"또는 "대체 코인". 끝났다 1,500 출시 예정이 더 많은 altcoins.

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‘ href =”https://www.newsbtc.com/dictionary/altcoin/” 데이터 wpel-link =”내부의”>altcoin market.

This may largely be due to the composition of investors that are entering the cryptocurrency market. Where retail investors often push altcoins higher, institutional players are focusing their efforts on Bitcoin.

관련 독서: Ethereum의 DeFi 시장이 바닥에 근접한 이유는 다음과 같습니다.

Bitcoin ETF Filed

This latest leg higher comes as it was revealed that digital asset-friendly exchange-traded fund firm VanEck has once again filed for a Bitcoin ETF with the Securities and Exchange Commission.

관련 독서: 3 Bitcoin On-Chain 트렌드는 매크로 강세장이 양조되고 있음을 보여줍니다
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가격표: xbtusd, btcusd, btcusdt
Charts from TradingView.com
Bitcoin Nearly Taps $29,000 as Bull Run Continues

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