Cryptocurrency market has seen a noticeable increase in volume in the last three days. Because, the trade volume of Bitcoin and its companions increased by 30 percent in these three days, reaching 13 billion dollars from the 10 billion dollars band. It rose more than 40 times from $ 3.1 billion to $ 4.3 billion. It doubled its trade volume of $400 million, up to $800 million, increasing 12 percent per hour. It has also triggered a 3-5 percent increase in the price of TRX.
Where is the Market Going?
Bitcoin’s recent indicators are positive, according to cryptocurrency investor and technical analyst DonAlt. and the signals are that the bullish movement is thwarted by the strengthening volume. He emphasizes that it can start together. It is stated that there will be $ 6,800 band that can be overcome.
However, in highly regulated cryptocurrency exchanges such as Coinbase, Gemini and Kraken, Bitcoin still has not risen above the $6,400 level and is traded in the $6,390 band.. Bitcoin’s Binance price has surpassed $ 6,500. They are of the opinion that the formation of a bull move can be confirmed in the short term, with the crypto currency Bitcoin rising above the $ 6,500 level. reached the trading volume. With the sales of the USD-based cryptocurrency, it is seen that investors have turned to currencies such as Stellar and Cardano in the last hours.
According to Coinmarketcap data at the time of publication, Bitcoin increased by 1.63% to 6,528, Ethereum increased by 3.55% to 217.06, Ripple increased by 1%, and Bitcoin Cash increased by 10.6 percent. It is trading at $615 with an increase.
Follow us on Twitter, like our Facebook page and join our Telegram channel to be instantly informed about the last minute developments!