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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 “Buy” at 48585, and a 200-day EMA indicates “Buy” at 37377. The Simple Moving Average for a 10-day SMA indicates “Buy” at 47976, and a 200-day SMA indicates “Buy” at 35230.

The Ichimoku Base Line, valued at 45525, continues to be neutral. The Hull Moving Average indicates “Sell” at 52321. The Volume Weighted Average indicates “Buy” at 45389. 

The Relative Strength Index (14) sits at 82, indicating “Sell”. The Stochastic %K (14, 3, 3) at 96 and the Average Directional Index (14) at 29 indicate a “Neutral” outlook.

The MACD Level (12, 26), at 2257, indicates “Buy”. The Stochastic RSI Fast (3, 3, 14, 14) at 98  indicates ‘Neutral’, and William’s Percentage at -3 indicates ‘Sell’.

As of 09:30 AM, 15th February 2024, on WazirX, Bitcoin’s current price is ₹44,87,835, 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 ₹2,40,899, 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 ₹0.000849. Dogecoin (DOGE) saw an increase of 5.69% and is now priced at ₹7.4000.

Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
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