Odaily Planet Daily News: 8MarketCap data shows that Bitcoin has slightly risen in the global asset market cap ranking, now ranking 14th, with a current market cap of $1.36 trillion, up 3.29% over the past 24 hours. Additionally, crypto analyst Ali posted on X platform citing Santiment data that Bitcoin’s social sentiment index has reached a near 4-year low, indicating retail panic has peaked. On the technical side, Bitcoin is approaching the 200-week moving average (currently at $58,000), which has historically served as a bottom and accumulation zone during bear markets over the past 12 years.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC Breaks Through $74,000: In-Depth Analysis — Middle East Tensions Ease, Short Squeezes, and Market Structure Reshaping
BTC breaks through $74,000, reaching the highest level since the outbreak of the Iran war; short sellers are liquidated in a single day totaling $427 million. How did expectations for U.S.-Iran negotiations trigger this round of gains?
GateInstantTrends30m ago
Foundry Launches Zcash Mining Pool Alongside Industry-Leading Bitcoin Pool
Foundry Digital launched its Zcash mining pool, capturing 29% of the network's hashrate shortly after its announcement. They also introduced Zcashinfo.com, a block explorer for transaction tracking, further enhancing infrastructure for the Zcash ecosystem.
Decrypt53m ago
