Market Update

Today’s encryption price: Bitcoin is fighting less than $ 96,000; Ethereum, Solana decreases to 6 %

Bitcoin The Master’s in Altcoins on Monday, February 24, where the market faced pressure from the main encoding levels and technical resistance levels.

As of 12:07 pm, Bitcoin fell 0.6 % to 95,708 dollars, while ethereum 2.5 % decreased to $ 2,725. The ceiling of the global Crypto market has decreased by 1.5 % to $ 3.14 trillion in the past 24 hours.

“Bitcoin continues to struggle without resisting 96200 dollars. Most Altcoins still dramatically from its last highest levels ever. The last tissues have been operated. Coinswitch Markets Office said.

Encryption

“Bitcoin is still linked between $ 95,000 and $ 97,000. However, the penetration appears to be about $ 100,000 imminently, although a local decrease may be tested about $ 94,000 before a trend,” said Jiotus, CEO of Giotos.Also read: Bitcoin decrease: an opportunity for retail investors to purchase a decrease? This is what the experts say

The other main altcoins decreased, with XRP decreased by 2.9 %, BNB lost 3.3 %, Solana 6.3 % decrease, and Dogecoin decreased 5 %. Cardano, ChainLink, SUI, Avalanche, Stellar, Litecoin, Shiba Inu and Hedra recorded the losses between 1 % and 6 %.

The market value in Bitcoin decreased to $ 1.899 trillion, with its hegemony by 60.39 %. The trading volume increased 24 hours in BTC by 31.5 % to $ 22.5 billion. Stablecoins 76.91 billion dollars of this folder, or 93.52 %, formed, according to Coinmarketca.

Also read: If bitcoin breaks up, I will copy the truck and buy more: Robert Keusaki

Technical show

Bitcoin is still in a major technical range of $ 93,725 and $ 96,763. Sathvik Vishwanath, co -founder and CEO of UNOCOIN, said the collapse of more than $ 97,000 can pay for a teacher of $ 100,000, with an upward momentum that may extend to $ 130,000.

Despite a 3 % decrease after bitcoin, Bitcoin settled over $ 95,000, which enhances the investor confidence. It is worth noting that 200,000 new BTC governorates were created during the past 48 hours, indicating renewed interest.

Also read: Decree $ Libra: How to protect yourself from fraud operations

((Disintegration: Recommendations, opinions and opinions that experts express are their own and do not reflect the opinions of economic times.)

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