empty
28.01.2025 01:19 PM
Why the Cryptocurrency Market Recovered So Quickly

Despite yesterday's significant panic sell-off in the cryptocurrency market, traders regrouped and managed to recover most of the losses, bringing Bitcoin back up from $98,000 to $104,000. This demonstrates sustained demand from institutional investors, which is also supported by data.

While such large-scale panic sell-offs typically undermine market confidence, the fact that it was primarily related to the fintech sector makes the cryptocurrency market's recovery both justified and expected. This resilience underscores the adaptability of traders.

This image is no longer relevant

Statistics showed that trading volumes surged during the price recovery, reflecting high interest from buyers. Although Bitcoin briefly declined below $98,000, its steady rebound to $103,000 highlights strong buying interest, even at these levels.

For instance, MicroStrategy recently purchased 10,107 BTC for $1.1 billion at an average price of $105,596 per Bitcoin. The company now holds 471,007 BTC, acquired for approximately $30.4 billion at an average price of $64,511 per Bitcoin. MicroStrategy is one of the most prominent companies actively investing in Bitcoin. Their strategy involves not only accumulating cryptocurrency as a financial asset but also leveraging it to strengthen the company's market position. These investments have increased the company's valuation and attracted attention from investors interested in innovative asset management strategies. Such moves are setting a trend for other companies to consider adding cryptocurrencies to their balance sheets. However, the risks associated with Bitcoin's volatility remain significant, and companies must carefully weigh the pros and cons before making such decisions.

Trump also made waves. Data from Arkham revealed that the Trump-affiliated project, World Liberty Financial (#WLFI), purchased $10 million worth of Ethereum yesterday. The project has been actively accumulating ETH recently, particularly as prices declined toward the $3,000 mark. This $10 million purchase indicates that the team views the current market conditions as favorable for large-scale investments. The drop in Ethereum's price around $3,000 has opened the door for significant investments, with increased buying activity from institutional players. This highlights growing interest from institutions that see potential in Ethereum's recovery.

The market also found support in statements made by Senator Cynthia Lummis, who introduced a bill in Congress advocating for the establishment of a U.S. cryptocurrency reserve. She encouraged citizens to buy and hold BTC as a retirement and future savings asset. Lummis emphasized the importance of diversifying retirement portfolios and the potential benefits of investing in Bitcoin. According to her, a U.S. cryptocurrency reserve could not only stabilize the financial system but also provide citizens with a reliable savings tool."Bitcoin is not just a stock or a security—it is an asset capable of preserving and growing your wealth over decades," Lummis stated.

The proposed bill envisions the creation of a special fund that maintains returns comparable to traditional investment instruments. This could attract new investors confident in the sustainability and safety of cryptocurrency. Lummis also called for greater support for financial innovation, arguing that it would help the U.S. maintain its global leadership.

This image is no longer relevant

Bitcoin buyers are currently targeting a return to the $103,000 level, which would pave the way to $104,400 and eventually $105,900. The ultimate target is $107,400, surpassing which would signal a return to a medium-term bull market.In the event of a correction, buyers are expected to step in around $101,250. A break below this level could push BTC down to $99,500, followed by $97,900. The furthest downside target would be $96,400.

This image is no longer relevant

A clear breakout above $3,220 opens the path to $3,264, with $3,314 within reach. The ultimate target is the yearly high of $3,373, surpassing which would signal a return to a medium-term bull market.In the event of a correction, buyers are expected to step in around $3,161. A break below this level could push ETH down to $3,106, followed by $3,056. The furthest downside target would be $2,997.

Pilih carta masa
5
min
15
min
30
min
1
jam
4
jam
1
hari
1
minggu
Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN

Artikel yang dicadangkan

Cadangan Dagangan untuk Pasaran Kripto pada 27 Februari

Bitcoin mencapai satu lagi tahap utama pada $82,200 selepas beberapa percubaan tidak berjaya untuk kekal di atas $89,000 semalam. Ethereum malah jatuh kepada $2,250, berhenti hanya satu langkah dari paras

Miroslaw Bawulski 08:03 2025-02-27 UTC+2

Pasaran kripto terus dalam kekacauan

Penurunan pasaran mata wang kripto telah meningkat menjadi pembetulan yang lebih mendalam. Semalam, Bitcoin (BTC) jatuh lagi sebanyak 6% pada titik terendahnya, manakala Ethereum (ETH) merosot lebih daripada 7%. Seperti

Jakub Novak 07:58 2025-02-27 UTC+2

BCH/USD - Analisis Semasa Situasi dan Tinjauan

Percubaan untuk mengemas kini paras ekstrem terendah di 272.32 dan mengembalikan aliran menurun masih belum dicapai oleh pemain spekulasi kenaikan harga. Tanpa hasil yang jelas, tiada prospek baharu dapat dikenal

Evangelos Poulakis 05:59 2025-02-27 UTC+2

Bitcoin - Situasi Analisis Teknikal

Ketidakmampuan dagangan kenaikan harga untuk mengekalkan momentum menaik telah mengakibatkan bayang-bayang atas yang panjang pada graf lilin bulanan. Walau bagaimanapun, pada bulan Februari, dagangan penuruunan harga memilih untuk tidak hanya

Evangelos Poulakis 23:32 2025-02-26 UTC+2

Cadangan Dagangan untuk Pasaran Mata Wang Kripto pada 26 Februari

Bitcoin telah mencapai paras $86,000, tetapi ini mungkin bukan pengakhiran pergerakannya. Terdapat aktiviti pembelian yang kuat dalam Ethereum, yang menyaksikan lonjakan semula dari paras terendah $2,320 kembali ke paras pembukaan

Miroslaw Bawulski 10:27 2025-02-26 UTC+2

Cadangan Dagangan Ethereum (ETH) untuk 26 Februari

Bitcoin telah memulakan penurunan yang ketara, yang mungkin hanya permulaan kepada aliran penurunan yang lebih besar. Seperti yang kami nyatakan sebelum ini, seluruh pasaran mata wang kripto mengikut Bitcoin

Paolo Greco 05:53 2025-02-26 UTC+2

Cadangan Dagangan Bitcoin untuk 26 Februar

Apa yang telah kita jangkakan selama berminggu-minggu kini telah menjadi kenyataan. Walaupun banyak faktor boleh mencetuskan kejatuhan terbaharu Bitcoin, menganalisisnya secara terperinci tidak akan mengubah keadaan semasa. Inti analisis pasaran

Paolo Greco 05:49 2025-02-26 UTC+2

Bitcoin Kehilangan Kedudukan: Bolehkah Pasaran Diselamatkan oleh Strategi Beli Semasa Penurunan?

Apabila harga jatuh, minat semakin meningkat—ini menerangkan perkembangan terkini dalam pasaran Bitcoin. Walaupun aset tersebut jatuh ke paras terendah dalam tempoh tiga bulan, pemain utama, termasuk dana lindung nilai

Ekaterina Kiseleva 00:10 2025-02-26 UTC+2

Naik Taraf Rangkaian Ethereum Akan Datang Kini Dalam Fasa Ujian

Pasaran mata wang kripto mengalami penurunan ketara, mengikuti rapat pergerakan pasaran saham AS, yang telah kehilangan momentum dalam beberapa hari dagangan terakhir.Bitcoin jatuh ke paras terendah baharu pada $90,800 semalaman

Jakub Novak 09:17 2025-02-25 UTC+2

Cadangan Dagangan untuk Pasaran Mata Wang Kripto pada 25 Februari

Bitcoin telah jatuh daripada paras $91,000, yang menimbulkan kebimbangan mengenai potensinya untuk pertumbuhan lanjut. Sementara itu, Ethereum telah merosot lebih 7% dalam masa hanya satu hari, kembali kepada aliran menurun

Miroslaw Bawulski 07:27 2025-02-25 UTC+2
Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.