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BTC Price Crossed $44k, Reaching Its Highest Since Jan 12.

By February 8, 20242 minute read

The price of Bitcoin is $44,605.33. There was a 4.10% increase in its price in the last 24 hours. The 7-day Bitcoin is up by 6.11%.

Ethereum (ETH) is currently trading at $2,435.14. There has been an increase of 2.92% in its price in the last 24 hours. The 7-day ETH is up by 7.60%.

The Exponential Moving Average for a 10-day EMA indicates β€œBuy” at 43266, and a 200-day EMA indicates β€œBuy” at 36483. The Simple Moving Average for a 10-day SMA indicates β€œBuy” at 43202, and a 200-day SMA indicates β€œBuy” at 34516.

The Ichimoku Base Line, valued at 41636, continues to be neutral. The Hull Moving Average indicates β€œBuy” at 43997. The Volume Weighted Average indicates β€œBuy” at 41899. 

The Relative Strength Index (14) sits at 62, indicating β€œNeutral”. The Stochastic %K (14, 3, 3) at 93 and the Average Directional Index (14) at 12 indicate a Neutral outlook. 

The MACD Level (12, 26), at 353, indicates β€œBuy”. The Stochastic RSI Fast (3, 3, 14, 14) at 97  indicates β€˜Neutral’, and William’s Percentage at -3 indicates β€˜Sell’.

As of 11:00 AM, 08th February 2024, on WazirX, Bitcoin’s current price is β‚Ή38,53,900, with an almost 3.10% increase in the last hour. There was a 2.81% increase in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 5.83%.

Ethereum (ETH) is trading at β‚Ή2,10,508, with an increase of 2.18% in the last hour. There was an increase of 3.40% in the last 24 hours. The 7-day ETH is up by 7.21%.

The top gainers on WazirX include BitTorrent (BTTC), Conflux (CFX), and Viction (VIC), with price increases of 19.94%, 16.15%, and 10.52%, respectively.

However, the tokens that underperformed comprised Ethereum Name Service (ENS), Green Metaverse Token (GMT), and DeXe (DEXE), with a price decrease of 13.26%, 7.96%, and 7.6%, respectively.

Shiba Inu (SHIB) saw a price increase of 2.05% and is now priced at β‚Ή0.000795. Dogecoin (DOGE) saw an increase of 0.5% and is now priced at β‚Ή6.8947.

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