PiCK
Bitcoin touches $72,000 for the first time in a week… Altcoins also rebound across the board
Summary
- Bitcoin (BTC) rose about 2% to trade around $71,400, and touched the $72,000 level intraday.
- Ethereum (ETH) gained 3.32% from the previous day to around $2,120, breaking above the $2,100 level for the first time in seven days.
- Major altcoins including Binance Coin (BNB), XRP (XRP), Solana (SOL), Dogecoin (DOGE) and Cardano (ADA) also posted broad-based gains.
Forecast Trend Report by Period
The crypto-asset (cryptocurrency) market is posting broad-based gains. Prices of major crypto assets, including Bitcoin and Ethereum, are rebounding in tandem, signaling an improvement in investor sentiment.
According to Binance’s Tether (USDT) market on the 12th (local time), Bitcoin (BTC) was trading in the $71,400 range, up about 2% from the previous day. Intraday, it touched the $72,000 level, extending its gains. It was the first time in about seven days since the 5th that Bitcoin reached $72,000.
Ethereum (ETH), the No. 2 asset by market capitalization, also extended its upward move, trading in the $2,120 range. That marks a 3.32% increase from the prior day. Ethereum’s break above the $2,100 level was also its first in seven days since the 5th.
Major altcoins also rose in tandem. Binance Coin (BNB) climbed 1.12% to $659, while XRP (XRP) rose 1.75% to $1.41. Solana (SOL) gained 3.9% to $90, Dogecoin (DOGE) advanced 4.08% to $0.09662, and Cardano (ADA) added 2.9% to $0.2698.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
![Strait of Hormuz blockade persists… Dow hits new year-to-date low [New York market briefing]](https://media.bloomingbit.io/PROD/news/434d802d-63ac-4737-af19-92c5bad099a6.webp?w=250)
