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HTX data monitoring shows that BTC has broken through 65,000 USDT, currently reported at 65,070.7 USDT, with a 24H increase of 1.13%.

【BTC breaks through 65000 USDT】HTX data monitoring shows that BTC has broken through 65,000 USDT, currently reported at 65,070.7 USDT, with a 24H increase of 1.13%.

BTC breaks through 65000 USDT

HTX data monitoring shows that SOL has broken through 70 USDT, currently reported at 70.03 USDT, with a 24H increase of 2.31%.

【SOL breaks through 70 USDT】HTX data monitoring shows that SOL has broken through 70 USDT, currently reported at 70.03 USDT, with a 24H increase of 2.31%.

SOL breaks through 70 USDT

HTX data monitoring shows that LINK has broken through 8 USDT, currently reported at 8 USDT, with a 24H increase of 0.58%.

【LINK breaks through 8 USDT】HTX data monitoring shows that LINK has broken through 8 USDT, currently reported at 8 USDT, with a 24H increase of 0.58%.

LINK breaks through 8 USDT

HTX data monitoring shows that ETH has broken through 1700 USDT, currently reported at 1702.57 USDT, with a 24H increase of 1.54%.

【ETH breaks through 1700 USDT】HTX data monitoring shows that ETH has broken through 1700 USDT, currently reported at 1702.57 USDT, with a 24H increase of 1.54%.

ETH breaks through 1700 USDT

zest Hits New High of 0.273318 USDT, Up 2.67% in 24H

【zest soared to 0.28448 USDT, a new high with a 24-hour increase of 2.67%. It currently trades at 0.273318 USDT on HTX.】zest Hits New High of 0.273318 USDT, Up 2.67% in 24H

zest soared to 0.28448 USDT, a new high with a 24-hour increase of 2.67%. It currently trades at 0.273318 USDT on HTX.

HTX data monitoring shows that BTC has fallen below 64000 USDT, currently reported at 63997.95 USDT, with a 24H decline of 0.28%.

【BTC falls below 64000 USDT】HTX data monitoring shows that BTC has fallen below 64000 USDT, currently reported at 63997.95 USDT, with a 24H decline of 0.28%.

BTC falls below 64000 USDT

Bitcoin Fear and Greed Index is 18. Extreme Fear.
Current Price: $64359.85.

[Bitcoin Fear and Greed Index is 18]Bitcoin Fear and Greed Index is 18. Extreme Fear.
Current Price: $64359.85.

Bitcoin Fear and Greed Index is 18

zest Hits New High of 0.266334 USDT, Up -1.09% in 24H

【zest soared to 0.284096 USDT, a new high with a 24-hour increase of -1.09%. It currently trades at 0.266334 USDT on HTX.】zest Hits New High of 0.266334 USDT, Up -1.09% in 24H

zest soared to 0.284096 USDT, a new high with a 24-hour increase of -1.09%. It currently trades at 0.266334 USDT on HTX.

HTX data monitoring shows that LINK has broken through 8 USDT, currently reported at 8 USDT, with a 24H increase of 2.06%.

【LINK breaks through 8 USDT】HTX data monitoring shows that LINK has broken through 8 USDT, currently reported at 8 USDT, with a 24H increase of 2.06%.

According to Bloomberg, bitcoin is regaining its dominance of the cryptocurrency universe. It now accounts for 44% of total crypto market value, the most since October, just before the latest bull market peaked, based on data from CoinGecko. The largest cryptocurrecy was down about 1.5% on Friday, making it a relative safe haven compared with altcoins like Avalanche, which tumbled as much as 11%. Bitcoin has also been outperforming second-largest token Ether. “Typically, when there’s a correction in crypto markets, altcoins underperform Bitcoin, as they are perceived as higher risk coins than Bitcoin,” said Julio Moreno, a senior analyst at CryptoQuant. Even with its recent outperformance, Bitcoin still faces a host of challenges, including monetary tightening by central banks around the world. And while Friday’s decline was small compared to other digital coins, it came against the backdrop of global equities advancing. In the past few months, Bitcoin has tended to move in tandem with stocks. In addition, large Bitcoin holders——known in industry parlance as whales——are moving their tokens to exchanges, suggesting they may be getting ready to sell, according to Moreno. The share of exchange inflows from whales to total inflows is at the highest since August 2019, he said. “In the past, when whales were moving their coins to exchanges at this pace a price correction happened, and in the current macro context this cannot be ruled out,” he said.

Detail

【Bitcoin regains its dominance of the cryptocurrency universe】According to Bloomberg, bitcoin is regaining its dominance of the cryptocurrency universe. It now accounts for 44% of total crypto market value, the most since October, just before the latest bull market peaked, based on data from CoinGecko. The largest cryptocurrecy was down about 1.5% on Friday, making it a relative safe haven compared with altcoins like Avalanche, which tumbled as much as 11%. Bitcoin has also been outperforming second-largest token Ether. “Typically, when there’s a correction in crypto markets, altcoins underperform Bitcoin, as they are perceived as higher risk coins than Bitcoin,” said Julio Moreno, a senior analyst at CryptoQuant. Even with its recent outperformance, Bitcoin still faces a host of challenges, including monetary tightening by central banks around the world. And while Friday’s decline was small compared to other digital coins, it came against the backdrop of global equities advancing. In the past few months, Bitcoin has tended to move in tandem with stocks. In addition, large Bitcoin holders——known in industry parlance as whales——are moving their tokens to exchanges, suggesting they may be getting ready to sell, according to Moreno. The share of exchange inflows from whales to total inflows is at the highest since August 2019, he said. “In the past, when whales were moving their coins to exchanges at this pace a price correction happened, and in the current macro context this cannot be ruled out,” he said.

Bitcoin regains its dominance of the cryptocurrency universe

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Bitcoin regains its dominance of the cryptocurrency universe

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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