The crypto markets have exploded in the last 24 hours with over $14 billion flowing in. USD Tether is the only coin in the top twenty, that’s in the red, and that’s because traders are buying coins and exiting stablecoins.
The Bulls are back in the driver’s seat
In the past 24 hours, we have witnessed a huge influx of cash into the crypto markets. Bitcoin led the market by smashing through the $9,580 resistance that stopped it’s upward climb at the end of January. Bitcoin finished the first month of 2020 up 28%, but languished for the first few days of February, retracing to $9,100, before gathering more bullish momentum. Bitcoin is at $9750 at the time of writing.
Ethereum, the second largest crypto-asset by market cap, has also gained ground by eclipsing the $200 dollar mark, for the first time since September 22nd of…
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