The price of Bitcoin Today 04/12/2024 is showing a significant recovery that made the asset return to trading in the US$ 96 thousand zone. Today, the asset peaked at US$ 97.010, but did not sustain the level and retracted to the current zone. The cryptocurrency market is registering considerable highs in the last 24 hours, with TRON (TRX) standing out with a price increase of more than 63%.
Renowned cryptocurrency analyst Ali Martinez observed Bitcoin’s recent price action, highlighting the key support level to keep an eye on for BTC on the chart. According to the expert, if the largest cryptocurrency breaks the level, then the asset could head to $90.
At the time of publication, the price of Bitcoin was quoted at US$ 96.417,29 with a decrease of 1.7% in the last 24 hours, equivalent to approximately R$ 582.049,05 BRL and € 91.733,54 EUR. In its weekly development, the asset showed an appreciation of 2.9%.
Amid the recent developments in South Korea, cryptocurrency TRON (TRX), has surged by as much as 90% today. The recent rally has seen the token break its all-time high. The highest price paid for TRON (TRX) is $0,4313, which was recorded on December 4. In comparison, the current price is 9,34% lower than its all-time high.
The token is currently trading at $0,3887 with a price increase of 62.3% in the last 24 hours, bringing its weekly gains to 95.1%. Furthermore, TRON (TRX) trading volume is at $17.191.885.032, representing a 466,60% increase over the last day and signaling a recent surge in market activity.
Amid the bullish market outlook, following Bitcoin's recent move, most major cryptocurrencies are seeing significant price increases over the past 24 hours. Ethereum is trading at $3.731,44, up 3.3%. Cardano is currently trading at $1,23 after falling 3.7% over the past day. Solana is up 4.8% and trading at $236,06.