A few days ago, one of the world's largest public companies, Tesla, revealed a whopping $1.5 billion bitcoin buy, which sent the price to just shy of $50K.
Crypto Price Analysis & Overview February 12th: Bitcoin, Ethereum, Ripple, Cardano, and Binance Coin
Bitcoin Bitcoin is up by a solid 28.2% this week as the coin set a new ATH today at $49,000. The cryptocurrency had penetrated above the previous consolidation pattern at the start of the month and started to push higher
Cardano has come less than $0.1 away from reaching $1 and other increasing altcoins have helped reduce BTC's dominance to below 61% again.
Binance Coin continues its way upwards with another record at $145, altcoins celebrate while Bitcoin stagnates around $46,000.
The crypto market cap registered a new record at $1.4 trillion as Bitcoin neared $50,000 and numerous altcoins have skyrocketed by double-digits.
After dipping below $38,000, bitcoin has bounced off and eyes $40,000 again, while the Elon Musk-initiated interest towards DOGE has put the meme coin in the top 10
Bitcoin came just inches away from a new all-time high but the spotlight was stolen by Cardano (ADA) which became the 4th largest cryptocurrency by market cap.
Binance Coin is not slowing down after another ATH record - this time above $70. BTC has also charted gains as it came close to the coveted $40K level.
This week saw plenty of altcoins charting double and even triple-digit gains. This has reduced Bitcoin's dominance to around 60% in what seems like a blooming altcoin season.
This week saw nothing but green on the cryptocurrency markets as it seems everything is surging. Ethereum charted a new ATH, as well as many other altcoins, while Bitcoin attempts to reclaim $38K. Bitcoin Bitcoin saw a 15% price surge