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BTC Above the $20K Level for the First Time Since November 2022

The global crypto market cap has risen more than 8% over the last 24 hours.BTC has broken the psychological $20k level for the first time since November 2022.The market...
BTC Above the $20K Level for the First Time Since November 2022 © Reuters BTC Above the $20K Level for the First Time Since November 2022
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  • The global crypto market cap has risen more than 8% over the last 24 hours.
  • BTC has broken the psychological $20k level for the first time since November 2022.
  • The market leader’s price is now trading at the $21,364 resistance level.

The global crypto market cap has risen 8.69% over the last 24 hours according to CoinMarketCap. At press time, the global crypto market cap is estimated to be $982.81 billion. This increase in the crypto market cap is just a summary of the positive week that the crypto market has had over the past week.

All of the top 10 cryptos by market cap posted significant gains over the last 7 days. Leading the charge is the Ethereum killer, Solana (SOL), with its weekly gain of just over 78%. The altcoin’s price has also risen 40.37% over the last 24 hours.

Santiment, the blockchain analytics firm, tweeted today. The tweet shared that the “altcoin party” has continued as the week comes to a close. Perhaps the key takeaway from the tweet is the fact that the market leader, Bitcoin (BTC), was on the verge of breaking its psychological level of $20k for the first time since November 7, 2022, at the time the tweet was made.

Currently, the market leader’s price has been able to break the psychological level and now stands at $20,864.96 following a 10.93% increase in price over the last 24 hours. In addition to the 24-hour rise, BTC’s price has also risen more than 23% in the past week.

Daily chart for BTC/USDT (Source: CoinMarketCap)

BTC’s price has blown past the 9-day and 20-day EMA lines, which ignited a 6-day bullish rally to boost BTC’s price to its current level. BTC is now trading at the resistance level at $21,364. It seems that bears are trying to keep BTC’s price below the resistance level as evident by the wick above today’s daily candle.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

The post BTC Above the $20K Level for the First Time Since November 2022 appeared first on Coin Edition.

See original on CoinEdition

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30-01-2023 15:07:16 (UTC+7)

EUR/USD

1.0874

+0.0007 (+0.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

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EUR/USD

1.0874

+0.0007 (+0.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

GBP/USD

1.2374

-0.0023 (-0.19%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

USD/JPY

129.80

-0.04 (-0.03%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

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AUD/USD

0.7076

-0.0027 (-0.38%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

USD/CAD

1.3348

+0.0039 (+0.29%)

Summary

↑ Buy

Moving Avg:

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Buy (8)

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EUR/JPY

141.14

+0.03 (+0.02%)

Summary

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EUR/CHF

1.0027

+0.0023 (+0.23%)

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Gold Futures

1,922.30

-7.10 (-0.37%)

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Silver Futures

23.710

+0.088 (+0.37%)

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Copper Futures

4.1920

-0.0305 (-0.72%)

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Crude Oil WTI Futures

79.22

-0.46 (-0.58%)

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Brent Oil Futures

85.95

-0.45 (-0.52%)

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Natural Gas Futures

2.659

-0.190 (-6.67%)

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US Coffee C Futures

169.25

+2.10 (+1.26%)

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Euro Stoxx 50

4,147.05

-30.96 (-0.74%)

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S&P 500

4,070.56

+10.13 (+0.25%)

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DAX

15,077.35

-72.68 (-0.48%)

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Sell (9)

FTSE 100

7,741.90

-23.25 (-0.30%)

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22,053.00

-635.90 (-2.80%)

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Moving Avg:

Buy (0)

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US Small Cap 2000

1,911.46

+8.39 (+0.44%)

Summary

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IBEX 35

9,025.25

-34.95 (-0.39%)

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BASF SE NA O.N.

52.625

-0.165 (-0.31%)

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Bayer AG NA

56.72

+0.44 (+0.78%)

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220.60

-1.05 (-0.47%)

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Adidas AG

145.90

-2.40 (-1.62%)

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Sell

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Deutsche Lufthansa AG

9.691

-0.064 (-0.66%)

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Siemens AG Class N

143.38

-1.12 (-0.78%)

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12.305

-0.035 (-0.28%)

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    EUR/USD 1.0874 ↑ Buy  
    GBP/USD 1.2374 ↑ Sell  
    USD/JPY 129.80 ↑ Buy  
    AUD/USD 0.7076 ↑ Sell  
    USD/CAD 1.3348 ↑ Buy  
    EUR/JPY 141.14 ↑ Buy  
    EUR/CHF 1.0027 ↑ Buy  
    Gold 1,922.30 ↑ Sell  
    Silver 23.710 ↑ Sell  
    Copper 4.1920 ↑ Buy  
    Crude Oil WTI 79.22 ↑ Buy  
    Brent Oil 85.95 ↑ Buy  
    Natural Gas 2.659 ↑ Sell  
    US Coffee C 169.25 Sell  
    Euro Stoxx 50 4,147.05 ↑ Sell  
    S&P 500 4,070.56 ↑ Sell  
    DAX 15,077.35 ↑ Sell  
    FTSE 100 7,741.90 ↑ Sell  
    Hang Seng 22,053.00 ↑ Sell  
    Small Cap 2000 1,911.46 ↑ Sell  
    IBEX 35 9,025.25 ↑ Sell  
    BASF 52.625 ↑ Buy  
    Bayer 56.72 ↑ Buy  
    Allianz 220.60 ↑ Buy  
    Adidas 145.90 Sell  
    Lufthansa 9.691 ↑ Buy  
    Siemens AG 143.38 ↑ Buy  
    Deutsche Bank AG 12.305 ↑ Buy  
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# So hôm qua # Chênh TG
SJC Eximbank6,620/ 6,700
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KRW16,5220,13
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