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Bitcoin surged to $68,000 After Announcements From The Federal Reserve.

By April 5, 20242 minute read

The price of Bitcoin is $68,062.49 There was a 3.58% increase in its price in the last 24 hours. The 7-day Bitcoin is down by 3.43%.

Ethereum (ETH) is currently trading at $3,299.77. There has been an increase of 0.52% in its price in the last 24 hours. The 7-day ETH is down by 7.53%.

The Exponential Moving Average for a 10-day EMA indicates β€œSell” at 68176, and a 200-day EMA indicates β€œBuy” at 48061. The Simple Moving Average for a 10-day SMA indicates β€œSell” at 68870, and a 200-day SMA indicates β€œBuy” at 44363.

The Ichimoku Base Line, valued at 67277, continues to be neutral. The Hull Moving Average indicates β€œBuy” at 66421, and the Volume Weighted Average indicates β€œBuy” at 67143. 

The Relative Strength Index (14) sits at 52, indicating β€œNeutral”. The Stochastic %K (14, 3, 3) at 54 indicates β€œNeutral,” and the Average Directional Index (14) at 19 indicates a β€œNeutral” outlook.

The MACD Level (12, 26), at 1099, indicates β€œSell”. The Stochastic RSI Fast (3, 3, 14, 14) at 31  indicates β€˜Neutral’, and William’s Percentage at -43 indicates β€˜Neutral’.

As of 11:00 AM, 05th April 2024, on WazirX, Bitcoin’s current price is β‚Ή59,80,300. Its price has increased by almost 2.66% in the last hour and by 2.71% in the last 24 hours. In the past seven days, Bitcoin has decreased by 4.94%.

Ethereum (ETH) is trading at β‚Ή2,94,500, down by 0.17% in the last hour and increased by 0.65% in the last 24 hours. The 7-day ETH is down 8.25%.

The top gainers on WazirX include Pendle (PENDLE), Komodo (KMD), and Pundi X (PUNDIX), with price increases of 22.25%, 16.28%, and 14.51%, respectively.

However, the tokens that underperformed comprised Verge (XVG), dYdX (DYDX), and Jito (JTO), with a price decrease of 16.97%, 10.94%, and 10.48%, respectively.

Shiba Inu (SHIB) saw a price increase of 2.78% and is now priced at β‚Ή0.002404. Dogecoin (DOGE) saw an increase of 0.32% and is now priced at β‚Ή15.6500.

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