Coinspeaker
Crypto Market Jumps 10% with Bitcoin Approaching $25,000, BLUR Token Volume Hits $1 Billion
On late Wednesday, February 15, the cryptocurrency market surprised with a strong 10% jump adding more than $100 billion to investors’ wealth in a matter of hours. The world’s largest crypto asset Bitcoin (BTC) is currently trading at 11.5% up at a price of $24,700 and a market cap of $476 billion. With yesterday’s price pump, the BTC price has touched a new 6-month high while completely catching the bear off-guard.
Bitcoin and Wider Crypto Market
It is for the first time since August 14, 2022, BTC is trading above $24,200 levels. Any signs of increasing whale addresses could increase the stakeholders’ confidence further.
Photo: Santiment
Interestingly, Bitcoin (BTC) is outperforming all other altcoins of the top league in terms of percentage gains. Since the beginning of 2023, altcoins held a dominant position over Bitcoin gaining to the tune of 50-70%. On-chain data pro
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