Bitcoin hits $39,000, 'a historically good sign for price,' after transfer of 40,785 $BTC BTC crypto
data, BTC has gained 4.63% in the previous 24 hours, while Ethereum has gained 8.66%. The fact that Bitcoin has historically produced positive returns in February may provide some relief to bullish traders.
Bitcoin saw its largest week of coins moving off exchanges since the second week of September, according to Santiment, with 40,785 BTC moved away from exchanges in the previous week. It notes that the continued trend of coins moving to cold wallets represents an historical strong sign for long-term price movements.
earlier reported El Salvadoran President Nayib Bukele predicting that a ''gigantic bitcoin price increase was just a matter of time due to its capped supply."indicates that market sentiment remains in fear at the time of publication, hitting 26 points out of 100. This marks a slight improvement from yesterday's ''extreme fear.''
France Dernières Nouvelles, France Actualités
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