Bitcoin Gains 2.31%: Quick Review of Cryptocurrency Market Changes

user avatar

by Giorgi Kostiuk

2 years ago

Over the past 24 hours, Bitcoin's price has risen by 2.31%. However, there is a 23.85% decrease in cryptocurrency trading volume.

Current Bitcoin Price Movements

Bitcoin encountered resistance at $94,857 in the morning hours of January 14 but overcame it to reach $97,077. The cryptocurrency briefly tested the $97,000 level before retreating to $96,000. The intra-day high was recorded at $97,724.96. Over the past week, Bitcoin has shown a 0.38% increase, consolidating above $92,000.

Technical Indicators for Bitcoin

Technical indicators suggest potential further upward movement. According to TradingView, the MACD signal line is close to crossing with the MACD line, indicating potential growth. The Chaikin Money Flow (CMF) indicator stands at 0.09, indicating increased capital flow into the digital asset. Resistance is expected at $98,745.

Overview of Altcoin Movements

Altcoins such as XRP and Solana have also shown significant gains over the past 24 hours, indicating the potential for a resurgence in bullish trends in the altcoin sector.

The current situation in the cryptocurrency market highlights potential growth opportunities for Bitcoin and altcoins, although continued developments depend on Bitcoin's ability to overcome key resistance levels.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Sony's Plan to Discontinue Physical Game Discs Faces Major Backlash

Sony's announcement to stop producing physical game discs by 2028 has led to significant backlash from the gaming community.

user avatarMaria Gutierrez

Vibe Coders Successfully Port PS5 Games to PC with AnyPS5 Project

Vibe coders are making significant strides in porting PlayStation 5 applications to Windows and Linux through their open-source project, AnyPS5, which aims to convert PS5 game executables into programs that can run natively on PCs.

user avatarDavid Robinson

TRON DAO Reports Significant Growth in Q3 2026

TRON DAO highlights significant growth in transaction volume and network activity in its Q3 2026 ecosystem report.

user avatarAndrew Smith

MEXC Concludes TOKEN2049 Singapore with Interactive Experiences

MEXC showcased its innovative trading solutions and industry discussions at TOKEN2049 Singapore, focusing on AI-powered trading and traditional finance.

user avatarJacob Williams

LBank Enhances Security Measures Amid Industry Challenges

LBank has launched the Crypto Resilience Initiative to enhance security and risk management in response to increasing threats in the crypto industry.

user avatarSon Min-ho

LBank Marks 11th Anniversary with Over 30 Million Users

LBank is celebrating its 11th anniversary, having reached over 30 million registered users and a daily trading volume of 238.1 billion.

user avatarZainab Kamara

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.