Please log in or register to do it.

Bitcoin remains steady as Ether’s robust performance challenges the $3,000 threshold for the first time in almost two years. According to data from TradingView and Cointelegraph Markets Pro, Bitstamp recorded a BTC price floor of $51,329. The week started off flat for BTC/USD but experienced a dip after the daily close on Feb. 19, recovering later to reach $52,000.




With Wall Street closed on the preceding day due to the President’s Day holiday, no new funds flowed into spot Bitcoin exchange-traded funds (ETFs). These inflows, crucial for market sentiment, have been consistently supporting Bitcoin in recent weeks, creating a positive feedback loop as traders anticipate institutional moves.




Material Indicators, a trading resource, suggested that the long weekend would allow Bitcoin price action to “simmer down a bit” after recent rapid gains. In anticipation of potential bearish trends, another post outlined lower targets.


BlackRock Draws Mainstream Interest Towards Bitcoin ETF
Ethereum Solo Stakers Set to Gain from Verkle Trees, According to Vitalik Buterin

Your email address will not be published.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