Market Update

Today’s encryption price: Bitcoin tops 96,700 dollars; BNB, just jumps to 13 %

The main cryptocurrency currencies were traded on Thursday, February 13th, with Bitcoinand ethereumXRP, BNB and Dogoinn acquires up to 13 %.

As of 12:39 pm, Bitcoin rose by 1 % to 96,744 dollars, while Ethereum gained 4.65 % to $ 2,720. Global Coded The maximum market has increased by 1.97 % to $ 3.21 trillion in the past 24 hours.

Bitcoin has flourished over $ 96,500 after a short period of time to $ 94,300 after the United States Economic inflation Data. The US consumer price index increased by 3 % on an annual basis, which exceeds 2.9 % expectations. Instant investment funds witnessed external flows of $ 229 million during the session. “We expect to continue it Volatility Vikram Subburaj, CEO of Giottus, said in the short term unless ETF flows and the institutional demand stabilizes.

Encryption

“Despite high inflation, the benefit appeared in the wider market, indicating a shift in feelings. Go,” Alankar Saxena, co -founder and CTO for Mudrex.Also read: Rich Abi Faqir, author Robert Keusaki, Trump descends as “the first bitcoin president”

Of Altcoins, BNB jumped 13.3 %, SUI rose by 9.5 %, and Dogecoin rose by 4 %, while XRP, Cardano, ChainLink, Avalanche and Stellar acquired between 2 % and 4.2 %. TREON decreased 1.1 %.

Coinswitch Markets Desk said: “The BNB ecosystem is gaining traction, as Coinswitch Markets Desk is discussing:” Coinswitch Markets “is discussed by Coinswitch Markets.

The market value in Bitcoin was $ 1.916 trillion, with 59.82 % dominance. BTC volume increased by 33.2 % to 48.92 billion dollars, while Stablecoins amounted to 120.51 billion dollars, or 92.69 % of the total trading volume, per Coinmarketcap.

Technology view by Sathvik Vishwanath, co -founder and CEO, UNOCOIN

The Bitcoin price procedure shows a short -term standard between 94,500 dollars and $ 97,000 on the graph for one hour, with a decrease in size indicating a decrease in trading activity. The main support lies at $ 94,091, while the resistance is $ 98,490. The rest of more than $ 97,000 may lead to a rise of ascension, while the decrease of less than $ 94,500 may lead to more declines.

The graph for 4 hours shows a declining direction, as the resistance reached 102,754 dollars and supported at 91,530 dollars. The daily analysis indicates the unification of between 94,000 dollars and 96,000 dollars, with the support of 89164 dollars. The oscillators show neutral signals, while MACD and AWesome’s oscillator indicate a weak declining momentum.

((DisintegrationRecommendations, suggestions, opinions and opinions made by experts are their own. These do not represent the views of economic times)

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