Bitcoin up and over $21k while Ethereum sits comfortably above $1,500


Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

Sometime in the last few days Bitcoin’s market cap surpassed that of Tesla and currently sits comfortably at $408 billion, following a price pump of 22.8% in the last week.

The price of Bitcoin this morning is around $21,210, while Ethereum is changing hands for $1,565 – both up around 20% on the week. 

Investor uncertainty has evidently subsided. The Fear and Greed Index recently moved out of Extreme Fear into Fear and finally sits in Neutral today, a not inconsequential bit of information given the events of the last few months. 

The total market cap of the entire cryptocurrency industry peeked above the crucial $1 trillion level yesterday before retracing to $990 billion. Investors are now asking the question – ‘Is it the beginning of a bull trap or the start of a bull run?’.

Want to learn more about what’s going on in our global financial system and how Bitcoin fits in to it? Come to my next free webinar on January 18 at 6pm to find out, ask any questions, and grab some free Bitcoin*. Click here to register. (*18+, UK resident, new Luno users only)

Yesterday’s Crypto AM Daily in association with Luno


Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

In the markets


Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

The Bitcoin economy


Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

*Data can be found at https://terminal.bytetree.com/ 

Total crypto market cap

The total capitalisation of the entire cryptocurrency market at time of writing is currently  $988.934 billion.

What Bitcoin did yesterday

We closed yesterday, January 16, at a price of $21,169. The daily high yesterday was $21,360, and the daily low was $20,715.

Bitcoin market capitalisation

Bitcoin’s market capitalisation at time of writing is $407.42 billion. To put it into context, the market cap of gold is $12.629 trillion and Tesla is $386.5 billion.

Bitcoin volume

The total spot trading volume reported by all exchanges over the last 24 hours was $22,959 billion. High volumes can indicate that a significant price movement has stronger support and is more likely to be sustained.

Volatility

The price volatility of Bitcoin over the last 30 days is 31.71%.

Fear and Greed Index

Market sentiment today is 51, in Neutral.


Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

Bitcoin’s market dominance

Bitcoin’s market dominance today is 43.13. Its lowest ever recorded dominance was 37.09 on January 1 2018.

Relative Strength Index (RSI)

The daily RSI is currently 87.81. Values of 70 or above indicate that an asset is becoming overbought and may be primed for a trend reversal or experience a correction in price – an RSI reading of 30 or below indicates an oversold or undervalued condition. 

Convince your Nan: Soundbite of the day

“For the first time since June, Bitcoin has seen a greater volume of Profits realized on-chain than losses.”

Glassnode, on-chain market intelligence company

What they said yesterday

The truth you must speak…

Check for the signal, this is it right here…

The Ethereum network more secure by the day…


Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

Would you like to help spread the adoption and education of Bitcoin in the UK and even stack some Sats while you’re doing it? Well, now you can!

The Bitcoin Pioneers community, backed by Barry Silbert’s Digital Currency Group, was created to introduce Bitcoin to a mainstream audience in a meaningful way and now has members right across the UK.

We share tips, stories and ideas on how to encourage others to try Bitcoin for the first time. And, thanks to support from Luno, each Pioneer gets £500 of Bitcoin a month to share with beginners, helping them get started.

So, if you’re passionate about Bitcoin, why not join today? Click here to find out more!

All feedback on Crypto AM Daily in association with Luno is welcome via email to [email protected] 🙏🏻


Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

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Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

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Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

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Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

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Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

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Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

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Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

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Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

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Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

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Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

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Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

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Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

Crypto AM: Features 

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Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

Crypto AM: Industry Voices 


Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

Crypto AM: Contributors 

Crypto AM: In Conversation with James Bowater


Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

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Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

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Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

Crypto AM: Visions of the Future, Past & Present with Alex Lightman 


Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

Crypto AM: Tiptoe through the Crypto with Monty Munford 


Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

Crypto AM: Taking a Byte out of Digital Assets with Jonny Fry


Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

Crypto on the catwalk


Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

Crypto AM: Events


Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

Bitcoin up and over $21k while Ethereum sits comfortably above $1,500

Cautionary Notes

It’s definitely tempting to get swept up in the excitement, but please heed these words of caution: Do your own research, only invest what you can afford, and make good decisions. The indicators contained in this article will hopefully help in this. Remember though, the content of this article is for information purposes only and is not investment advice or any form of recommendation or invitation. City AM, Crypto AM and Luno always advise you to obtain your own independent financial advice before investing or trading in cryptocurrency.

All information is correct as of 08:00 BST

Source: www.cityam.com