Of bitcoin (BTC) rate consolidated something since yesterday. Finally, the USD 43,000 offered support and today we saw another move up that is testing the USD 46,000 at the time of writing. A striking increase as we saw some negative news today.
Bitcoin (BTC) Price Amid Negative News At $46,000
Bitcoin was still trading this morning near $43,000. However, since the end of the morning, bitcoin has suddenly been able to rise relatively quickly. Bitcoin rose almost 6% in value in a few hours.
As a result, the $46,000 was tested at the beginning of the afternoon, but the price was initially rejected here. A few hours later, at 5:00 PM, the price has returned to this level as the trading volume increases slightly.
The current movement is an important one. It brings the bitcoin price above 200 days moving average (MA). A successful breakthrough would be a huge icing on the cake. Since July 20, the bitcoin price has been rising with an increase of no less than 55% so far.
Bitcoin’s movement is somewhat striking. First, there was the news that the gold price has fallen hard. In addition, the debate on the bill in the United States today took a negative turn. It seems that the proposal without any adjustments will go to the Senate. However, a bit of good news has just come out on this subject.
2/ It tightens the expanded definition of “broker” sufficiently that it would be difficult to argue it covers protocol devs who only write and publish code. pic.twitter.com/xv0vzyezDe
– Jerry Brito (@jerrybrito) August 9, 2021
Top 10 turns green: Uniswap the strongest top 10 altcoin
Where the image with the altcoins was still red this morning, this turned around during the afternoon. All cryptocurrencies in the top 10 are in green numbers. Ethereum (ETH) is up 3.7% and solidifying its position above USD 3,000. Binance coin (BNB) and cardano (ADA) each increase in value by about 2.5%.
The strongest riser among the top 10 altcoins is uniswap (UNI). The number 10 has increased in value by 5.5% in the past 24 hours. If we zoom out, we can see how xinfin network (XDC) is the strongest climber of the top 100 with +25%.
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