Bitcoin price exceeds $21,000
- July 7, 2022
- 0
On Thursday, July 7, prices of the first cryptocurrency exceeded $21,000. According to CoinGecko, the price of the asset increased by 4.4% in the past day. Bitcoin is
On Thursday, July 7, prices of the first cryptocurrency exceeded $21,000. According to CoinGecko, the price of the asset increased by 4.4% in the past day.
Bitcoin is hovering around $21,050 at the time of this writing. As you can see in the chart below, the price increase is accompanied by an increase in trading volume.
The price of Ethereum increased by 7.7% in the past day and is now above the $1,230 level.
Following the flagships, crypto assets in the top 10 with capitalization have moved into the green zone. At the time of writing, the BUSD stablecoin is the exception.
Currently, the total market cap is $986 billion (+3.9% per day). BTC dominance index – 40.8%, ETH – 14.9%.
According to a ForkLog report, some on-chain data from June signaled an opportune time to buy the first cryptocurrency.
Recall that the second quarter of 2022 was the worst quarter for Bitcoin in the last 11 years. In the April-June period, the asset fell 56.2%.
In July, Bloomberg Intelligence commodity strategist Mike McGlone predicted a surge in bitcoin over the next six months.
Earlier, Deutsche Bank experts allowed the price of digital gold to rise to $28,000 by the end of 2022.
Read where to watch cryptocurrency rates on education cards.
Read ForkLog bitcoin news in our Telegram – cryptocurrency news, courses and analysis.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
