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The cryptography market has moved to waves in the past two and a half weeks, knowing an increased sale at the approach at 3.3 billions of dollars, but there is also support for decreases at 3.10 Billions of Dollars. At the end of the week, he amounted to 3.20 billions of dollars.
The index for fear of cryptocurrency and greed has also fluctuated between fear and neutral since the beginning of February, with recent readings of 49. We continue to believe that without diving in extreme fear, the market Cryptography will find it difficult to find the foundations of a rally.
Bitcoin returned to $ 97,000 by the end of the week, having been supported by buyers in the fall of Tuesday at $ 93,300. After the impetus of November, the BTC remained at a consolidation scheme, remaining globally optimistic but reluctant to go to the next level for the moment.
New context
According to Jan3 CEO Samson Mow, the BTC movement seems “made” and perhaps deleted. He thinks that a large seller on the market get rid of his BTC participations.
CEO of cryptocurrency Ki Yong Ju, citing historical data, said that the bull’s bull’s bull market will even continue with a sum of 30% of the summit to around $ 77,000. Prices are influenced by macroeconomic factors, which do not exclude a correction.
The strategy has announced a convertible bond offer of $ 2 billion. The product will be used for general purposes, including Bitcoin purchases.
CBOE filed with the US Securities and Exchange Commission (SEC) to list the options on three ETF Spot based on Ethereum.
Us Exchange Binance.us resumed the deposits and withdrawals of the US dollar after almost 18 months of restrictions. Binance.us suspended its operations in dollars in the summer of 2023 following a SEC trial, which accused Binance not to record its American unit.
Nigerian authorities have filed a complaint against Binance for a total of $ 81.5 billion, requesting $ 79.5 billion in damages for alleged economic loss and $ 2 billion in unpaid two years.
