您现在的位置是:Traders eyeing BTC/USD at $11k as Bitcoin dominance jumps to 61% >>正文
Traders eyeing BTC/USD at $11k as Bitcoin dominance jumps to 61%
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛821人已围观
简介Firm buys $425 million worth of Bitcoin as price looks to break above $11,000.After touching an intr...
Firm buys $425 million worth of Bitcoin as price looks to break above $11,000.
After touching an intraday high of $10,840 yesterday, the top crypto continued the upside by hitting $10,950. Although the declines registered in the altcoin market have meant the overall cryptocurrency market cap has lost nearly $6 billion in 24 hours, Bitcoin’s steady match towards $11,000 has seen its dominance index jump nearly 3% since Monday.
While Ethereum, XRP, Bitcoin Cash, and most of the alternative coin market has faced bear pressure, BTC/USD has printed a series of higher highs over the past three days.
As Bitcoin climbs, most altcoins are seeing red on the day. Ethereum has lost about 3% in the past 24 hours to slip below $365, while XRP has dipped nearly 2% to change hands around $0.24. Other top 10 coins seeing losses include Polkadot at -2.4%, Bitcoin Cash is down to $232 with a 3% slip and Binance Coin continues a bad few days with more than 7% in losses over the past 24 hours.
Aave and Band Protocol have both slipped 14% while SushiSwap is down 24% to lead top DeFi losers.
These losses have seen Bitcoin make ground on lost dominance. As of writing, the number one ranked cryptocurrency has a market cap of $201 billion, against a total of $348 billion for the entire cryptocurrency market. It gives Bitcoin 61.24% dominance over the market, rising from a low of 59.20% on September 14.
MicroStrategy buys $425 million worth of Bitcoin
The upside for BTC/USD is also building at a time one company has amassed Bitcoin worth nearly $500 million over the past few weeks.
Yesterday, MicroStrategy founder and CEO Michael Saylor revealed via Twitter that the publicly traded company had acquired an additional 16,796 bitcoins for around $175 million. That means the total haul for the company has now jumped to a mouthwatering 38,250 bitcoins purchased at a whopping $425 million.
MicroStrategy’s move is a strong suggestion that Bitcoin’s use as a store-of-value is likely to grow among Wall Street firms. However, analysts are also pointing to the possibility that should the company decide to dump its assets on the market, a massive sell-off could tank Bitcoin price.
From a technical perspective, BTC/USD needs to clear resistance at $11,000 to maintain the uptrend. A dip at prevailing levels should see BTC/USD rely on support at the crucial $10,500 and $10,000 pegs.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/719415.html
相关文章
Assessing Crypto Options Beyond Chainlink and TRON: Spotlight on Rebel Satoshi
Traders eyeing BTC/USD at $11k as Bitcoin dominance jumps to 61%TLDRExperts in Chainlink (LINK) predict an upward surge in LINK price following a bullish trend.TRON...
阅读更多
Memeinator puts meme tokens on their toes as investment potential drives presale
Traders eyeing BTC/USD at $11k as Bitcoin dominance jumps to 61%Memeinator aims to destroy weak and non-original meme tokens.Memeinator has utilities in gaming, NFT...
阅读更多
CoinMENA FZE secures VASP License for VA broker
Traders eyeing BTC/USD at $11k as Bitcoin dominance jumps to 61%Following the VASP license, CoinMENA FZE can now operate operations and services in and from the Emi...
阅读更多
热门文章
- P2P Trade Activity Tumbles with Only One Region Posting an Increase in Trade Volume
- Nvidia unveils DGX cloud, access to its supercomputers that power ChatGPT AI
- No Early Wins for Alleged Bitcoin 'Creator' Craig Wright
- Jito Foundation unveils governance token for Solana MEV development
- EDF Subsidiary Exaion Becomes A Tezos Baker
- Microsoft invests in a Houston startup transforming air into fuel
最新文章
US government plans to use deepfakes for propaganda
Goldman Sachs joins major players in talks for Bitcoin ETFs amid SEC anticipation
Chainlink and Circle join forces for seamless cross
You can buy this $120,000 racing car simulator for F1 enthusiasts
DermaSensor: World's first AI
Chainlink and Circle join forces for seamless cross