🚀The cryptocurrency market is gradually rising, capitalization value increased by 140 billion USD in the past week. Bitcoin price increased 14.3%, currently trading around $34,000. The main reason is the excitement about the approval of BlackRock's Bitcoin-related ETF.
📈Altcoins also increased sharply: Ethereum (ETH) increased by 11%, BNB and XRP increased by 6%, DOGE increased by 17.6%, Cardano increased by 116%, SOL increased by 20%. Many see this as a sign of the end of the long crypto winter.
📰Notable cryptocurrency news this week:
- Bitcoin price experienced a volatile week when BlackRock's ETF was deleted and re-registered on DTCC.
- Bitcoin's fear and greed index hits a 2-year high, indicating positive market sentiment.
- Tether denies violating sanctions laws and being involved in terrorism.
- Bitcoin prices hit all-time highs in Nigeria, Argentina and Türkiye due to high inflation.
📊This week's chart analysis: Ethereum, Ripple, Cardano, Shiba Inu and Solana.