Bitcoin
Bitcoin (BTC)
$83,302.00 -1.25847
Bitcoin price
Ethereum
Ethereum (ETH)
$1,898.83 -1.64489
Ethereum price
BNB
BNB (BNB)
$622.60 2.40003
BNB price
Solana
Solana (SOL)
$128.35 -4.90166
Solana price
XRP
XRP (XRP)
$2.34 -1.91163
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 2.68928
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -4.53605
Pepe price
Bonk
Bonk (BONK)
$0.0000108 -2.51873
Bonk price
dogwifhat
dogwifhat (WIF)
$0.482332 -2.0836
dogwifhat price
Popcat
Popcat (POPCAT)
$0.190931 -3.92877
Popcat price
Bitcoin
Bitcoin (BTC)
$83,302.00 -1.25847
Bitcoin price
Ethereum
Ethereum (ETH)
$1,898.83 -1.64489
Ethereum price
BNB
BNB (BNB)
$622.60 2.40003
BNB price
Solana
Solana (SOL)
$128.35 -4.90166
Solana price
XRP
XRP (XRP)
$2.34 -1.91163
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 2.68928
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -4.53605
Pepe price
Bonk
Bonk (BONK)
$0.0000108 -2.51873
Bonk price
dogwifhat
dogwifhat (WIF)
$0.482332 -2.0836
dogwifhat price
Popcat
Popcat (POPCAT)
$0.190931 -3.92877
Popcat price
Bitcoin
Bitcoin (BTC)
$83,302.00 -1.25847
Bitcoin price
Ethereum
Ethereum (ETH)
$1,898.83 -1.64489
Ethereum price
BNB
BNB (BNB)
$622.60 2.40003
BNB price
Solana
Solana (SOL)
$128.35 -4.90166
Solana price
XRP
XRP (XRP)
$2.34 -1.91163
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 2.68928
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -4.53605
Pepe price
Bonk
Bonk (BONK)
$0.0000108 -2.51873
Bonk price
dogwifhat
dogwifhat (WIF)
$0.482332 -2.0836
dogwifhat price
Popcat
Popcat (POPCAT)
$0.190931 -3.92877
Popcat price
Bitcoin
Bitcoin (BTC)
$83,302.00 -1.25847
Bitcoin price
Ethereum
Ethereum (ETH)
$1,898.83 -1.64489
Ethereum price
BNB
BNB (BNB)
$622.60 2.40003
BNB price
Solana
Solana (SOL)
$128.35 -4.90166
Solana price
XRP
XRP (XRP)
$2.34 -1.91163
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 2.68928
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -4.53605
Pepe price
Bonk
Bonk (BONK)
$0.0000108 -2.51873
Bonk price
dogwifhat
dogwifhat (WIF)
$0.482332 -2.0836
dogwifhat price
Popcat
Popcat (POPCAT)
$0.190931 -3.92877
Popcat price

Bitcoin returns to $45k amid increased trading volume, positive market sentiment

Brian Stone
Edited by
Markets
Bitcoin returns to $45k amid increased trading volume, positive market sentiment

Bitcoin surged to $45,435, marking a 5.3% increase in a day and a 6.3% rise over the week, as per CoinMarketCap data.

This upward trajectory brings the cryptocurrency past the $45,000 threshold, a figure last seen in the wake of the U.S. Securities and Exchange Commission’s (SEC) landmark approval of spot Bitcoin ETFs.

Bitcoin returns to $45k amid increased trading volume, positive market sentiment - 1

The enthusiasm around Bitcoin’s (BTC) price hike is further amplified by the significant trading volume observed in spot Bitcoin ETFs, which exceeded $1 billion yesterday, with BlackRock and Fidelity leading the charge, according to Bloomberg’s James Seyffart.

https://twitter.com/BitcoinMagazine/status/1755341946560589884

“Bitcoin rose above its 50-day moving average, confirming the bullish medium-term trend and easing fears of a deeper correction,” said Alex Kuptsikevich, a senior analyst at FxPro.

He also highlighted the importance of weekly closes as benchmarks for market sentiment, emphasizing that Bitcoin and the broader crypto market have emerged stronger after consolidation, with the potential to reach new highs.

The market’s buoyancy is also influenced by expectations around the Federal Reserve’s interest rate policies. Recent comments from Boston Fed President Susan Collins and Cleveland Fed President Loretta Mester suggest potential rate cuts later this year, adding to cryptocurrencies’ volatility and investment appeal, such as BTC.