Science

Bitcoin continues above $ 60,000, Dogecoin and Shiba Inu rise due to drawing …

To the daily Bitcoin editor

Although Bitcoin is above $ 60,000 today, it has a pullback from tomorrow’s price.

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This week is crucial for the price of Bitcoin, as the first exchange-traded funds, ETFs, are already starting to go live in the United States. However, the price of the main cryptocurrency did not skyrocket as expected, but instead seemed to slow down a bit early in the morning, possibly only to gain new vigor later.

When it’s 9:15 a.m. in New York, Bitcoin (BTC) is priced at $ 60,290, 1.3% lower than yesterday at the same time. The interesting thing is that early in the morning around 4:00 am, it hit prices above $ 62,470, but then it started to go down.

UPDATE: After 9:30 am Bitcoin begins to rise and at 10:00 am in New York it has a price above $ 61,317 USD, 0.63% more than yesterday at the same time.

Crypto markets chart

For those who bought Bitcoin on January 1, the price represents a gain of 106.12% and for those who acquired it at the beginning of the month, the gain is 27%. Not bad then!

The movement of transactions is still in the average for the month: over the 35 billion dollars traded in 24 hours.

Altcoins falling

Today’s major altcoins are erratic, but overall the trend is down, but not too deep to raise fears.

Ethereum (ETH) is down 3.7% today, Cardano (ADA) 2.5%, XRP 5.18%, Solana (SOL) 4.71% and Polkadot (DOT) 1.63%. The biggest drop in the top ten was in the HEX coin, down 11.48% in 24 hours.

Elon Musk and the puppies

On the side of the increases, the most notable is that of Dogecoin (DOGE) which rose 6.06%. The Shiba Inu (SHIB) also registered an increase of 7.21%. When that happens, it is inevitable to see the activity of Tesla CEO Elon Musk on Twitter. And yes, because there is the origin of the increases: A digital “drawing”, made with lines that look like an animal (there will be those who see a dog, it looks more like a rabbit, right?) And a rocket. emoji.

As the CryptoMarkets chart shows, the price of Dogecoin rose precisely at the time of Musk’s tweet last night. The same happened with Shiba.

CryptoMarkets Image

Sources: Twitter, CryptoMarkets

MRT / Bitcoin Daily Report

Image from Unsplash

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