- Bitcoin surpasses $84K with strong buying.
- Ethereum up 30% in a week, Dogecoin up 87%.
- Global cryptocurrency market value reaches $2,78 trillion.
Bitcoin has broken through the $84 mark, accumulating a 6% appreciation in just 24 hours, moving around $79 billion in the market. With this climb, the cryptocurrency's market value is now estimated at over $1,67 trillion, representing an impressive jump of 23% in one week.
According to TradingView analysis, the outlook for Bitcoin is extremely positive. The daily technical summary points to a “strong buy,” with the moving averages reinforcing this recommendation at 17 points, and the oscillators indicating a “buy” at 3 points.
In the last 24 hours, $638,66 million was liquidated in the cryptocurrency market, with $363,85 million in long positions and $274,82 million in short positions. Notably, $124,22 million of these liquidations occurred in Bitcoin transactions.
Despite a small pullback in the last 24 hours, Ethereum is showing remarkable growth of almost 30% on the week, with its current price hovering around $3.280.
On the other hand, Dogecoin recorded the largest percentage gain of the day, rising by 22,4%, taking its price to almost $0,31. With a trading volume of $18,6 billion, Dogecoin’s market cap reached $42 billion, showing an increase of about 87% in a week.
Looking at the bigger picture, the total cryptocurrency market cap has increased by 6% in the past 24 hours, reaching a total of $2,78 trillion.