Thursday, March 28, 2024
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Market Wrap: Bitcoin Near $48K While Ether Transaction Fees Surge Again

Bitcoin was trading between $47,000 and $48,000 for much of Thursday, breaking the $48,000 level multiple times throughout Thursday. Traders and analysts told CryptoX they remain bullish on the overall market, as institutional investors’ interest in bitcoin is growing “at a staggering pace.”Bitcoin (BTC) trading around $47,174.04 as of 21:00

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Market Wrap: Bitcoin Hits Record $48.2K as CME Ether Futures at $33M Volume on First Day

Bitcoin and ether surpassed Monday’s price records. In ether’s case, CME’s futures launch has given the asset more credibility than ever before.Bitcoin (BTC) trading around $47,174 as of 21:15 UTC (4:15 p.m. ET). Gaining 7.1% over the previous 24 hours.Bitcoin’s 24-hour range: $43,948-$48,226 (CryptoX 20)BTC well above the 10-hour and

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Ether price breakout to $1,750 sees Ethereum network fees hit all-time high

Largest altcoin Ether (ETH) built on its recent all-time highs on Feb. 5 to climb ever closer to $2,000.ETH/USD 1-hour candle chart (Bitstamp). Source: TradingViewEther price hits record $1,750Data from Cryptox Markets and TradingView showed a fresh breakout occurring for ETH/USD during Friday trading. At the time of writing, Ether was

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Market Wrap: Bitcoin Drops to $36.3K as DeFi Jumps to $32B on Ether FOMO

Bitcoin has had an up-and-down day and ether has performed similarly. But decentralized finance hit a new milestone.Bitcoin (BTC) trading around $37,616 as of 21:15 UTC (4:15 p.m. ET). Gaining 1.4% over the previous 24 hours.Bitcoin’s 24-hour range: $36,207-$38,731 (CryptoX 20)BTC above the 10-hour and the 50-hour moving average on

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