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Bitcoin Surged To $52,000, Reclaiming A $1 Trillion Market Cap After 26 Months.

By February 15, 20242 minute read

The price of Bitcoin is $52,250.99. There was a 5.46% increase in its price in the last 24 hours. The 7-day Bitcoin is up by 17.39%.

Ethereum (ETH) is currently trading at $2,794.26. There has been an increase of 5.84% in its price in the last 24 hours. The 7-day ETH is up by 14.97%.

The Exponential Moving Average for a 10-day EMA indicates β€œBuy” at 48585, and a 200-day EMA indicates β€œBuy” at 37377. The Simple Moving Average for a 10-day SMA indicates β€œBuy” at 47976, and a 200-day SMA indicates β€œBuy” at 35230.

The Ichimoku Base Line, valued at 45525, continues to be neutral. The Hull Moving Average indicates β€œSell” at 52321. The Volume Weighted Average indicates β€œBuy” at 45389. 

The Relative Strength Index (14) sits at 82, indicating β€œSell”. The Stochastic %K (14, 3, 3) at 96 and the Average Directional Index (14) at 29 indicate a β€œNeutral” outlook.

The MACD Level (12, 26), at 2257, indicates β€œBuy”. The Stochastic RSI Fast (3, 3, 14, 14) at 98  indicates β€˜Neutral’, and William’s Percentage at -3 indicates β€˜Sell’.

As of 09:30 AM, 15th February 2024, on WazirX, Bitcoin’s current price is β‚Ή44,87,835, with an almost 4.7% increase in the last hour. There was a 4.69% increase in its price in the last 24 hours. In the past 7 days, Bitcoin was up by 17.47%.

Ethereum (ETH) is trading at β‚Ή2,40,899, with an increase of 5.28% in the last hour. There was an increase of 3.43% in the last 24 hours. The 7-day ETH is up by 15.24%.

The top gainers on WazirX include Nervos Network (CKB), Stacks (STX), and LeverFI (LEVER), with price increases of 38.69%, 28.27%, and 26.11%, respectively.

However, the tokens that underperformed comprised Selfkey (KEY), Adventure Gold (AGLD), and Storj (STORJ), with a price decrease of 8.94%, 5.33%, and 4.29%, respectively.

Shiba Inu (SHIB) saw a price increase of 4.29% and is now priced at β‚Ή0.000849. Dogecoin (DOGE) saw an increase of 5.69% and is now priced at β‚Ή7.4000.

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