The first cryptocurrency reached $24,900, corresponding to the price values of August last year.
Over the past day, digital gold has risen in price by 11.5%, according to CoinGecko. At the time of writing, the asset is trading near the $24,700 level.
The price reached a local maximum at $25,250 in the BTC/USDT pair on the Binance exchange, then corrected slightly.
The rising bitcoin revived the rest of the market. Below are data on the ten most capitalized crypto assets:
Total market capitalization reached ~$1.17 trillion.
Cryptocurrency “fear and greed index” indicates investor optimism.
On February 14, the price of the first cryptocurrency briefly corrected amid the publication of inflation data in the United States, which exceeded the expectations of market participants.
Earlier, Adam Farthing of B2C2 expressed the opinion that in order to continue the rally, bitcoin needs to overcome the $25,000 mark. This level is a “tough nut”, according to him.
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