Market Update

Bitcoin price is approaching 106 thousand dollars with an increase of 2.82 %, and ETHEREUM rises 8 %

Bitcoin (BTC) continues to control the main headlines, trading at 105,941.58 dollars, an increase of 2.82 % in the past 24 hours. The maximum market is now $ 2.10 trillion, with a daily trading volume of $ 59.84 billion.

BTC has recently achieved the highest weekly levels ever at less than $ 106,500, exceeding the previous record of $ 104,400 in December. Its highest ever appears to be $ 109,358 on January 20 than ever. “Bitcoin only had the highest candle per day … at all,” the investor Scott Milker pointed to X on May 19. “Bitcoin will develop the highest new level.”

BTC’s dominance in the market now increased to 53.2 %, the highest level in more than three years. The open interest in BTC Futures has also reached a record number of $ 36 billion, indicating the increasing condemnation of the trader. Michael Silor also bought 7,390 BTC last week. Consequently, reaffirming the upright institutional feelings, even amid organizational scrutiny and a new lawsuit.

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