Bitcoin accumulates at the $23,000 limit
Bitcoin, which has risen strongly since the beginning of the year from $ 16,000 to $ 23,000 and touched the top of five months, is somewhat breathing in this region.
Although it frequently attacks the $ 23,400 and $ 23,800 levels, Bitcoin, which has not been able to provide permanence, has been seen to accumulate in the $ 23,000 region for a few days. Cryptocurrency markets feel the support of global markets behind them, but they need money inflow for further rise. At this point, it is also seen that new entries have lost some strength in recent days.
Bitcoin accumulates at the $23,000 limit
The higher-than-expected US 4th quarter growth announced yesterday relieved the recession concerns and strengthened the expectations for a soft landing in the economy. For this reason, US indices were up 1% to 2% yesterday. Thus, the rise in US indices has reached 12% since the beginning of the year. The data had a positive impact on the crypto money market as well as on the global markets. Having difficulty exceeding the $ 23,000 level and being rejected from this region, Bitcoin fell to $ 22,500 yesterday, but rose again to the $ 23,000 region after the data. Finding buyers at the levels of $ 22,900 - $ 23,000 in the morning hours, this weekend may pass in search of direction for Bitcoin. While Ethereum is at $ 1580, a partial profit is seen in altcoins. The total value of the crypto money market has remained unchanged compared to yesterday, hovering at the level of 1 trillion 45 billion dollars. Bitcoin dominance is instantaneously 44.4%, while Ethereum dominance is 19.4%.
