Bitcoin nearly tapped $29,000 this morning as the bull run has continued. The leading cryptocurrency is up 5% vroeger 24 uren, having pushed from the $27,000 regio naar $28,900 in the latest leg higher.
Bitcoin currently trades for $28,750 as bulls have failed to surmount the $29,000 weerstand.
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% vroeger 24 uren, 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 Altcoin
" Lees verder
‘ href =”https://www.newsbtc.com/dictionary/altcoin/” data-wpel-link =”intern”>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.
Gerelateerd lezen: Dit is waarom de DeFi-markt van Ethereum in de buurt van een dieptepunt kan zijn
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.
Gerelateerd lezen: 3 Bitcoin On-Chain-trends laten zien dat er een macro-bullmarkt aan het groeien is
Uitgelichte afbeelding van Shutterstock Prijskaartjes: xbtusd, btcusd, btcusdt Charts from TradingView.com Bitcoin Nearly Taps $29,000 terwijl Bull Run verdergaat
Laten we advertenties blokkeren! (Waarom?)