Bitcoin price broke a new record by moving its historical peak to $69,990 and exceeded the $70,000 level for the first time in futures trading. However, there was a subsequent decline and it fell below $67,000. Ethereum (ETH) futures also rose to $4,003. During these price movements, important news about THORChain (RUNE) emerged in the market.

THORChain (RUNE) Burning

THORChain announced that 60 million RUNE were burned during significant price movements in the cryptocurrency market, thus opening a new space worth 20 million RUNE. This development caused a significant increase in the price of RUNE.

THORChain (RUNE) Price View

Due to the rise of Bitcoin and the impact of the THORChain news, the RUNE price increased by over 20% in a short time and exceeded $ 7.5. However, with the impact of the decline in Bitcoin price, RUNE fell again to $ 7.3.

RUNE, which has increased by 28% in recent weeks, has fallen behind other cryptocurrencies that have experienced greater increases in the market. While RUNE's market volume reached 2.49 billion dollars, there was a 128% increase in transaction volume after the news, with a total transaction of 1.2 billion dollars.

All these developments and the fact that RUNE's RSI value is at 40 show that there is uncertainty in the market and the sellers are active. The impact of price movements on investors and future movements in the market continue to be a matter of curiosity.

#BitcoinDunyamiz

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