Weekly Market Highlights #44: April 24 - April 30.
01 May 2023, 15:04
Weekly Market Highlights #44: April 24 - April 30
✨The last week of April 2023 saw Bitcoin rise, fall, and then rise again, according to false rumors, causing much damage to investors.
✨Over the past week, the crypto market increased ~$10B (from ~$1,161B to ~$1,176B) of its total capitalization
✨BTC Maintains $29K During Weekend
✅This past working week started rather calmly, as Bitcoin continued trading sideways in a tight range of around $27,5K. The landscape changed on Tuesday when the bulls initiated a massive leg-up that drove the cryptocurrency to $30K.
✅However, that was short-lived as false panic surrounding the US government and Mt. Gox wallets brought the asset south hard. BTC erased all gains in minutes and slumped back down to $27K.
✅As the news turned out to be fake, Bitcoin returned to the offensive and reclaimed almost all losses this time. As such, it came inches away from tapping $30K yesterday but ultimately failed. Despite retracing by several hundred dollars since then, bitcoin still trades above $28,5K.
✅Its market capitalization is close to $551B, while its Dominance over alternative coins has gained some ground again, almost 47%.
✨Altcoins Sit Calmly
✅BSCS is trading at $0,01373, +3,43% from its 7-day all-time low of $0,01328.
✅The trading volumes during the past few weekends have been lacking; this one is no exception. As such, most alternative coins have failed to produce notable price movements in either direction.
✅ETH remains at $1,85K after going above $2,000 and under $1,800 earlier this week. XRP, ADA, MATIC, SHIB, and AVAX are slightly in the red.
✅In contrast, DOGE, SOL, DOT, LTC, and TRX have all marked insignificant daily gains.
✨Bitcoin Fear and Greed Index is 63 - Greed, higher than at the beginning of the week (53)
✨ Dominance:
✅BTC: 46.8%
✅ETH: 18.9%
📣Stay tuned! The market's highlights will be updated by BSCStation 😎
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01 May 2023, 15:04
Weekly Market Highlights #44: April 24 - April 30
✨The last week of April 2023 saw Bitcoin rise, fall, and then rise again, according to false rumors, causing much damage to investors.
✨Over the past week, the crypto market increased ~$10B (from ~$1,161B to ~$1,176B) of its total capitalization
✨BTC Maintains $29K During Weekend
✅This past working week started rather calmly, as Bitcoin continued trading sideways in a tight range of around $27,5K. The landscape changed on Tuesday when the bulls initiated a massive leg-up that drove the cryptocurrency to $30K.
✅However, that was short-lived as false panic surrounding the US government and Mt. Gox wallets brought the asset south hard. BTC erased all gains in minutes and slumped back down to $27K.
✅As the news turned out to be fake, Bitcoin returned to the offensive and reclaimed almost all losses this time. As such, it came inches away from tapping $30K yesterday but ultimately failed. Despite retracing by several hundred dollars since then, bitcoin still trades above $28,5K.
✅Its market capitalization is close to $551B, while its Dominance over alternative coins has gained some ground again, almost 47%.
✨Altcoins Sit Calmly
✅BSCS is trading at $0,01373, +3,43% from its 7-day all-time low of $0,01328.
✅The trading volumes during the past few weekends have been lacking; this one is no exception. As such, most alternative coins have failed to produce notable price movements in either direction.
✅ETH remains at $1,85K after going above $2,000 and under $1,800 earlier this week. XRP, ADA, MATIC, SHIB, and AVAX are slightly in the red.
✅In contrast, DOGE, SOL, DOT, LTC, and TRX have all marked insignificant daily gains.
✨Bitcoin Fear and Greed Index is 63 - Greed, higher than at the beginning of the week (53)
✨ Dominance:
✅BTC: 46.8%
✅ETH: 18.9%
📣Stay tuned! The market's highlights will be updated by BSCStation 😎
⭐️ BSCStation Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion | Youtube
Weekly Market Highlights #44: April 24 - April 30.
Weekly Market Highlights #44: April 24 - April 30
✨The last week of April 2023 saw Bitcoin rise, fall, and then rise again, according to false rumors, causing much damage to investors.
✨Over the past week, the crypto market increased ~$10B (from ~$1,161B to ~$1,176B) of its total capitalization
✨BTC Maintains $29K During Weekend
✅This past working week started rather calmly, as Bitcoin continued trading sideways in a tight range of around $27,5K. The landscape changed on Tuesday when the bulls initiated a massive leg-up that drove the cryptocurrency to $30K.
✅However, that was short-lived as false panic surrounding the US government and Mt. Gox wallets brought the asset south hard. BTC erased all gains in minutes and slumped back down to $27K.
✅As the news turned out to be fake, Bitcoin returned to the offensive and reclaimed almost all losses this time. As such, it came inches away from tapping $30K yesterday but ultimately failed. Despite retracing by several hundred dollars since then, bitcoin still trades above $28,5K.
✅Its market capitalization is close to $551B, while its Dominance over alternative coins has gained some ground again, almost 47%.
✨Altcoins Sit Calmly
✅BSCS is trading at $0,01373, +3,43% from its 7-day all-time low of $0,01328.
✅The trading volumes during the past few weekends have been lacking; this one is no exception. As such, most alternative coins have failed to produce notable price movements in either direction.
✅ETH remains at $1,85K after going above $2,000 and under $1,800 earlier this week. XRP, ADA, MATIC, SHIB, and AVAX are slightly in the red.
✅In contrast, DOGE, SOL, DOT, LTC, and TRX have all marked insignificant daily gains.
✨Bitcoin Fear and Greed Index is 63 - Greed, higher than at the beginning of the week (53)
✨ Dominance:
✅BTC: 46.8%
✅ETH: 18.9%
📣Stay tuned! The market's highlights will be updated by BSCStation 😎
⭐️ BSCStation Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion | Youtube