Bitcoin continues to try 30 thousand dollars
The last working day of the week started with cryptocurrencies rising. Bitcoin, which makes 30 thousand dollars trials, is priced at $ 29,500 in the morning, while Ethereum is priced at $ 1915. The total value of the market is around $1.175 trillion.
Bitcoin, which experienced a fluctuation after the Mt.Gox news, which spread to various sources on Wednesday, and returned to its usual pricing after the news was denied, continues its upward momentum. After the balance sheets announced by some technology companies led by Meta in the USA yesterday, due to the supportive global environment, Bitcoin, which rose by 5%, rose to the level of $ 30,000. Bitcoin, which has been making frequent attempts of $ 30,000 in recent days, retreated a little due to the continued slowdown in Amazon's cloud computing unit at night and started the day at $ 29,500. Ethereum, on the other hand, rises above $ 1900 and finds buyers at $ 1915 levels.
Bitcoin to resits with strong numbers
On the other hand, while the US first quarter growth, which is the important critical data of yesterday, was announced as 1.1%, below the expectations of 1.9%, weekly unemployment benefits applications were realized below the expectations of 230 thousand and 248 thousand. Bitcoin, which was priced in the region of $ 28,800 before the data, fluctuated a little after the announcement of the data, but recovered to $ 30,000 with the expectation that the FED may not be able to tighten further after June.
While preparing to close the week, the crypto money market, which compensated for the losses it experienced last week and prepared to enter the weekend with a value gain of around 7%, reached a value of $ 1.175 trillion. This value is above $1.15 trillion, which is an important support level in the short term. We can say that new money has entered the market and we see it positively.
On the macro side, the developments that may affect the crypto money market will also come from the USA, and personal expenditures and Michigan consumer confidence index data will be announced. These data, which may signal that growth has lost strength recently and that we may be in a recession, may cause volatility in the market.
Finally, the most profitable cryptocurrencies accompanying the strong rise yesterday came to the fore as Cronos, Lambda, Solana and Bitcoin.
