{"id":677,"date":"2023-02-12T14:03:08","date_gmt":"2023-02-12T19:03:08","guid":{"rendered":"https:\/\/embarrdowns.com\/bitcoin-price-increases-1-to-near-23200-altcoins-struggling-to-follow\/"},"modified":"2023-02-12T14:03:09","modified_gmt":"2023-02-12T19:03:09","slug":"bitcoin-price-increases-1-to-near-23200-altcoins-struggling-to-follow","status":"publish","type":"post","link":"https:\/\/embarrdowns.com\/bitcoin-price-increases-1-to-near-23200-altcoins-struggling-to-follow\/","title":{"rendered":"Bitcoin Price Increases 1% to Near $23,200, Altcoins Struggling to Follow"},"content":{"rendered":"

The price of Bitcoin has gained 1% over the past 24 hours to near $23,200, a price level around which it has been changing hands for much of the past few weeks. The largest digital asset has gained some 40% since the start of the year, marching back from near two-year lows notched after the collapse of crypto exchange FTX in November to trade around the highest levels since last summer.[0]<\/a><\/sup> Bitcoin Coinbase Exchange Reserve Has Risen Recently.[1]<\/a><\/sup> <\/p>\n

Most cryptocurrencies saw small gains on the price chart on Wednesday, February 8.[2]<\/a><\/sup> Bitcoin experienced an increase of 1.62 percent, bringing its price to $23,260 (approximately Rs. 19.2 lakh). The crypto asset exhibited a similar trend across multiple global trading platforms, including CoinMarketCap and Binance.[2]<\/a><\/sup> Over the course of the last day, the oldest digital currency has gained $396 (approximately Rs. 32,730).[2]<\/a><\/sup> In recent days, Bitcoin’s price range experienced a decrease of 2.77%.[3]<\/a><\/sup> It has been observed by specialists that the resistance level of BTC is around $23,150 (approx. 19.1 lakh Rupees).[2]<\/a><\/sup><\/p>\n

Ether, the second-largest crypto that is in the spotlight amid the SEC\u2019s actions, was weaker, dropping 1.00% to $1,636.23.[4]<\/a><\/sup> Uniswap experienced a 0.62% decrease, settling at $6.78[5]<\/a><\/sup> Ripple experienced the least growth, increasing 0.04% to 40 cents.[5]<\/a><\/sup><\/p>\n

The Amplify Transformational Data Sharing ETF, which focuses on blockchain technology, dropped by 1.12% to $19.51 in the fund space.[5]<\/a><\/sup> The Bitwise Crypto Industry Innovators ETF, centered on pure-play crypto companies, experienced a decrease of 1.50% and is now at $5.97.[6]<\/a><\/sup> The Grayscale Bitcoin Trust, which follows the Bitcoin market price, experienced a 4.72% decrease and is now at $12.32.[7]<\/a><\/sup><\/p>\n

Over the course of the last 24 hours, the cryptocurrency market saw a total volume of $52.26 billion, representing a decrease of 29.86%. In the last 24 hours, the crypto market capitalization dropped by 1.2% to a total of US$1.07 trillion, while total trading volume decreased by 3% to US$58.69 billion.<\/p>\n

0. <\/span>“The Rally in Bitcoin’s Price Can Last. Traders Appear More Bullish Than Ever.” Barron’s, 8 Feb. 2023, https:\/\/www.barrons.com\/articles\/bitcoin-ethereum-price-crypto-markets-today-51675852043<\/a><\/a><\/p>\n

1. <\/span>“Bitcoin Price Outlook for February \u2013 Market Updates Bitcoin News” Bitcoin News, 10 Feb. 2023, https:\/\/news.bitcoin.com\/bitcoin-price-outlook-for-february\/<\/a><\/a><\/p>\n

2. <\/span>“Bitcoin, Ether testify to small gains, Stablecoins stumble with dips” know news, 8 Feb. 2023, https:\/\/knownews.in\/tech\/bitcoin-ether-testify-to-small-gains-stablecoins-stumble-with-dips\/<\/a><\/a><\/p>\n

3. <\/span>“Crypto Prices Today: Bitcoin Dips 0.66%, Ethereum Down 5.16%, Dogecoin Falls 6.89%” Outlook India, 11 Feb. 2023, https:\/\/www.outlookindia.com\/business\/crypto-prices-today-bitcoin-dips-0-66-ethereum-down-5-16-dogecoin-falls-6-89–news-261307<\/a><\/a><\/p>\n

4. <\/span>“Bitcoin and Ether Tumble as Regulatory Storm Clouds Gather Around Crypto” Barron’s, 10 Feb. 2023, https:\/\/www.barrons.com\/articles\/bitcoin-ether-crypto-markets-today-8f96749e<\/a><\/a><\/p>\n

5. <\/span>“Uniswap leads drops as largest cryptocurrencies start mixed” msnNOW, 6 Feb. 2023, https:\/\/www.msn.com\/en-us\/money\/markets\/uniswap-leads-drops-as-largest-cryptocurrencies-start-mixed\/ar-AA17axJs<\/a><\/a><\/p>\n

6. <\/span>“Most big cryptocurrencies decline as Litecoin declines” MarketWatch, 9 Feb. 2023, https:\/\/www.marketwatch.com\/story\/most-big-cryptocurrencies-decline-as-litecoin-declines-01675954854-dc95e0b90db6<\/a><\/a><\/p>\n

7. <\/span>“Bitcoin monthly chart flashes buy signal; Is BTC exiting bear market?” Finbold – Finance in Bold, 9 Feb. 2023, https:\/\/finbold.com\/bitcoin-monthly-chart-flashes-buy-signal-is-btc-exiting-bear-market<\/a><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The price of Bitcoin has gained 1% over the past 24 hours to near $23,200, a price level around which it has been changing hands for much of the past few weeks. The largest digital asset has gained some 40% since the start of the year, marching back from near two-year lows notched after the collapse of crypto exchange FTX in November to trade around the highest levels since last summer.[0]<\/a><\/sup> Bitcoin Coinbase Exchange Reserve Has Risen Recently.[1]<\/a><\/sup> <\/p>\n

Most cryptocurrencies saw small gains on the price chart on Wednesday, February 8.[2]<\/a><\/sup> Bitcoin experienced an increase of 1.62 percent, bringing its price to $23,260 (approximately Rs. 19.2 lakh). The crypto asset exhibited a similar trend across multiple global trading platforms, including CoinMarketCap and Binance.[2]<\/a><\/sup> Over the course of the last day, the oldest digital currency has gained $396 (approximately Rs. 32,730).[2]<\/a><\/sup> In recent days, Bitcoin’s price range experienced a decrease of 2.77%.[3]<\/a><\/sup> It has been observed by specialists that the resistance level of BTC is around $23,150 (approx. 19.1 lakh Rupees).[2]<\/a><\/sup><\/p>\n

Ether, the second-largest crypto that is in the spotlight amid the SEC\u2019s actions, was weaker, dropping 1.00% to $1,636.23.[4]<\/a><\/sup> Uniswap experienced a 0.62% decrease, settling at $6.78[5]<\/a><\/sup> Ripple experienced the least growth, increasing 0.04% to 40 cents.[5]<\/a><\/sup><\/p>\n

The Amplify Transformational Data Sharing ETF, which focuses on blockchain technology, dropped by 1.12% to $19.51 in the fund space.[5]<\/a><\/sup> The Bitwise Crypto Industry Innovators ETF, centered on pure-play crypto companies, experienced a decrease of 1.50% and is now at $5.97.[6]<\/a><\/sup> The Grayscale Bitcoin Trust, which follows the Bitcoin market price, experienced a 4.72% decrease and is now at $12.32.[7]<\/a><\/sup><\/p>\n

Over the course of the last 24 hours, the cryptocurrency market saw a total volume of $52.26 billion, representing a decrease of 29.86%. In the last 24 hours, the crypto market capitalization dropped by 1.2% to a total of US$1.07 trillion, while total trading volume decreased by 3% to US$58.69 billion.<\/p>\n

0. <\/span>“The Rally in Bitcoin’s Price Can Last. Traders Appear More Bullish Than Ever.” Barron’s, 8 Feb. 2023, https:\/\/www.barrons.com\/articles\/bitcoin-ethereum-price-crypto-markets-today-51675852043<\/a><\/a><\/p>\n

1. <\/span>“Bitcoin Price Outlook for February \u2013 Market Updates Bitcoin News” Bitcoin News, 10 Feb. 2023, https:\/\/news.bitcoin.com\/bitcoin-price-outlook-for-february\/<\/a><\/a><\/p>\n

2. <\/span>“Bitcoin, Ether testify to small gains, Stablecoins stumble with dips” know news, 8 Feb. 2023, https:\/\/knownews.in\/tech\/bitcoin-ether-testify-to-small-gains-stablecoins-stumble-with-dips\/<\/a><\/a><\/p>\n

3. <\/span>“Crypto Prices Today: Bitcoin Dips 0.66%, Ethereum Down 5.16%, Dogecoin Falls 6.89%” Outlook India, 11 Feb. 2023, https:\/\/www.outlookindia.com\/business\/crypto-prices-today-bitcoin-dips-0-66-ethereum-down-5-16-dogecoin-falls-6-89–news-261307<\/a><\/a><\/p>\n

4. <\/span>“Bitcoin and Ether Tumble as Regulatory Storm Clouds Gather Around Crypto” Barron’s, 10 Feb. 2023, https:\/\/www.barrons.com\/articles\/bitcoin-ether-crypto-markets-today-8f96749e<\/a><\/a><\/p>\n

5. <\/span>“Uniswap leads drops as largest cryptocurrencies start mixed” msnNOW, 6 Feb. 2023, https:\/\/www.msn.com\/en-us\/money\/markets\/uniswap-leads-drops-as-largest-cryptocurrencies-start-mixed\/ar-AA17axJs<\/a><\/a><\/p>\n

6. <\/span>“Most big cryptocurrencies decline as Litecoin declines” MarketWatch, 9 Feb. 2023, https:\/\/www.marketwatch.com\/story\/most-big-cryptocurrencies-decline-as-litecoin-declines-01675954854-dc95e0b90db6<\/a><\/a><\/p>\n

7. <\/span>“Bitcoin monthly chart flashes buy signal; Is BTC exiting bear market?” Finbold – Finance in Bold, 9 Feb. 2023, https:\/\/finbold.com\/bitcoin-monthly-chart-flashes-buy-signal-is-btc-exiting-bear-market<\/a><\/a><\/p>\n","protected":false},"author":3,"featured_media":676,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"_links":{"self":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/posts\/677"}],"collection":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/comments?post=677"}],"version-history":[{"count":0,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/posts\/677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/media\/676"}],"wp:attachment":[{"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/media?parent=677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/categories?post=677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/embarrdowns.com\/wp-json\/wp\/v2\/tags?post=677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}