Rise in Bitcoin to continue whole month

Bitcoin, which has seen its highest level since September, is priced at $ 21,250 in the morning. In the crypto money market, which has been positively affected by the rise of Bitcoin, the volume is 50 billion dollars per day.

Rise in Bitcoin to continue whole month
Bitcoin continues to rise

Bitcoin has bounced back from resistance. Bitcoin, which started the new year with full reins and experienced rises reminiscent of its performance in the old days, rose to $ 21,600 yesterday, seeing its highest level since September. At this point, however, it met resistance at 21,600. Still, continuing its strong performance, Bitcoin is priced in the $ 21,250 region in the morning today. The rise in Bitcoin, where the short-term positive outlook and uptrend continues, also spreads to the base. While Ethereum is pushing the $1600 region again, it is currently finding buyers at $1580 levels. Many altcoins diverge more positively than major cryptocurrencies. Especially in Shiba and Dogecoin, the divergence is noticeably high.

Rise in Bitcoin to continue whole month

Rise in Bitcoin to continue whole month

The total value of the cryptocurrency market is again at the level of 1 trillion dollars. On the other hand, there are improvements in daily volumes depending on the rises and it is realized as 50 billion dollars on a daily basis.

Global markets are in a mixed picture. US markets, which were closed on Monday, failed to show a positive performance on the first trading day of the week, as Goldman Sachs' last quarter financials failed to meet expectations. While Asian stock markets fluctuated with news from Japan and China, Europe displayed a horizontal positive outlook. The inflation data, which will be announced in Europe at 13.00 today, may have an impact on the markets. The expectation is for inflation to decline from 10.1% to 9.2% annually. Then at 4:30 p.m. we will get the retail sales data from the USA. The data, which has an impact on growth prospects, can move the markets.

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