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 (CoinDesk 20)
  • BTC well above the 10-hour and the 50-hour moving average on the hourly chart, a bullish signal for market technicians.

Bitcoin trading on Bitstamp since Feb 6.
Source: TradingView

Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *