Bitcoin, the first and largest cryptocurrency by market capitalization, began with Mai with a positive note, reaching the highest level from the end of February, as investors' appetite was reduced in financial markets.
The leading cryptocurrency property posted a strong increase on May 1, printing two straight decreases after a significant green daily candlestick. Bitcoin rose from $ 94,1,15 to $ 97,483, the highest since February 21st.
Bitcoin is in its lowest lowest lowest low -low low -low lowest in February and about 28% from the beginning of April at the lowest lowest lowest lowest lowland.
You may also like
Reveration remained in the session in early Friday. During the press, the BTC grew to 0.24% to $ 96,903 in the last 24 hours as we reached $ 97,059 in the intra -day rise. Bitcoin has turned around weekly losses and has increased by 2.49%over the past seven days.
Bitcoin recent buyers of profits
Bitcoin's latest price to $ 97,000 has restored profitability for the key segment of the market: short -term owners (STHS). According to the chain analysis company GlassesShows the cost-term ribbon of short-term owners that investors with BTC BTC over one month have made a profit. This is significant for some reasons.
According to Glassnode, this shift relieves the pressure of the parents' short -term owners (STHS) and can signal the early signs of being on a permanent market.
You may also like
On the macroeconomic front, non-agricultural payrolls increased by 177,000, which is somewhat lower than 185,000 in March, but more than Dow Jones estimates 133,000. However, 133,000.
The report will come before next week's Federal Reserve Policy Meeting, planned on May 6 and 7. Markets hope that Fed will keep a short -term loan rate at the meeting, while they will evaluate a quarter -point drop in June, with two or three arriving by the end of the year.
