According to information from various analytical resources, the price of the leading cryptocurrency bitcoin (BTC) reached above $45,500, but then decreased slightly. As of 18:55 Moscow time on February 8, 2024, the price of this virtual asset was $45,430. This is the first time in almost a month that bitcoin has reached such a level after the launch of cellular BTC ETFs.
Over the past day, the exchange rate of the leading digital currency has increased by 5.5%, which analysts called high volatility, given the current status of this asset. Many researchers, having studied the price chart, assume that the next target will be the resistance level in the range of $48,000 — $49,000, which bitcoin is likely to reach in the near future.
The market capitalization of bitcoin is $890.63 billion, and trading volumes increased to $28.25 billion per day. The share of bitcoin in the cryptocurrency market is 51.3%. The greed and fear index has risen from 62 to 66 in the last 24 hours, and it is expected that it may approach 70 tomorrow.
Other cryptocurrencies have also followed bitcoin. For example, ether (ETH) has grown by 3.66% in the last 24 hours, reaching the rate of $2,450. The total supply of this cryptocurrency on the market is $294.84 billion, and the volume of transactions per day reached $11.08 billion.
It is worth noting that Solana (SOL) quotes have increased by 8.9% over the past day, reaching $104.74 per coin, and the market capitalization of this currency amounted to $45.75 billion, with transactions worth $2.59 billion.
Finally, the price of the Cardano cryptocurrency (ADA), which occupies the 8th place in the rating, increased by 10.4% per day, reaching $0.53 per coin, with a total market supply of $18.86 billion.
