CRYPTO NEWS - Bitcoin rate climbed above $39,000
CRYPTO NEWS - Bitcoin rate climbed above $39,000
00:01 Intro
01:12 Crypto News
02:08 Bitcoin News
03:21 Ethereum News
04:11 Bitcoin Technical Analysys
05:03 Bitcoin Price Prediction
09:51 Outro
During the day on May 4 bitcoin rate reached $39.1 thousand, while in the evening of the previous day the value of the cryptocurrency was falling to $37.5 thousand. Thus, for 13 hours, the asset price went up by $1.6 thousand, or 4%. As of 12:50 Moscow time, bitcoin is trading at $38.8 thousand, its price has increased by 1% over the past 24 hours.
At the end of March, the value of the first cryptocurrency reached $48.1 thousand, after which it began to decline. Since then, the asset has fallen in price by 19%. Bitcoin continues to trade well below its all-time high of $69,000, which was set in November 2021.
Last week, $133 million in assets were withdrawn from bitcoin funds, the largest weekly outflow since June 2021. The last time BTC funds experienced a similar weekly outflow, the market was in a bearish trend. At that time, Tesla stopped accepting cryptocurrency due to environmental concerns about mining, and China imposed a ban on mining of digital assets.
#crypto #bitcoin
00:01 Intro
01:12 Crypto News
02:08 Bitcoin News
03:21 Ethereum News
04:11 Bitcoin Technical Analysys
05:03 Bitcoin Price Prediction
09:51 Outro
During the day on May 4 bitcoin rate reached $39.1 thousand, while in the evening of the previous day the value of the cryptocurrency was falling to $37.5 thousand. Thus, for 13 hours, the asset price went up by $1.6 thousand, or 4%. As of 12:50 Moscow time, bitcoin is trading at $38.8 thousand, its price has increased by 1% over the past 24 hours.
At the end of March, the value of the first cryptocurrency reached $48.1 thousand, after which it began to decline. Since then, the asset has fallen in price by 19%. Bitcoin continues to trade well below its all-time high of $69,000, which was set in November 2021.
Last week, $133 million in assets were withdrawn from bitcoin funds, the largest weekly outflow since June 2021. The last time BTC funds experienced a similar weekly outflow, the market was in a bearish trend. At that time, Tesla stopped accepting cryptocurrency due to environmental concerns about mining, and China imposed a ban on mining of digital assets.
#crypto #bitcoin
