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Reading: After 3 weeks down, Bictoin resumes the bullish path; in this list TODAY May 29
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Cryptorzon > Blog > Crypto > After 3 weeks down, Bictoin resumes the bullish path; in this list TODAY May 29
Crypto

After 3 weeks down, Bictoin resumes the bullish path; in this list TODAY May 29

Lissandro Silverio
Last updated: 2023/05/31 at 1:44 AM
Lissandro Silverio Published May 31, 2023
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Written in CRYPTO he 5/29/2023 10:58 a.m.

Invest in Bitcoin (BTC) it always has its risks, on the one hand it is possible to have stable earnings to a certain extent, but usually there is the danger of losing capital due to fluctuations in the cryptocurrency markets and on this occasion it had been like that.

He BTC had reported three weeks down; however, the price of this digital asset It had an improvement in the last four days, to settle at 28,000 dollars (491,827 pesos) and thus close the week in positive numbers.

In detail, the cost went from 26,800 dollars (470,748 pesos) to 28,000 dollars, an increase of 4.4%, breaking the downward trend of 0.7%, 5.2% and 2.7% per week that Bitcoin had registered for according to information reflected in TradingView; however, the value of the cryptoactive It has not reached the level it registered a month ago when it oscillated at 29,000 dollars (509,392 pesos).

According to analysts, the cryptocurrency could maintain its trend of increases to try to overcome the ceiling of 30,000 dollars, and in case of reporting falls it would be located at 27,000 dollars (474,262 pesos).

And the other cryptocurrencies?

He Ethereum (ETH)) also registered growth, reaching 1,900 dollars (33,373 pesos), a cost not seen since the first week of May, but still less than the 2,000 dollars it cost in April, when it began its decline.

Other currencies like the Tether and the TRON they had better performances, for example the TRON had a recovery of 8% to reach 0.076 dollars to buy.

For their part, the so-calledaltcoins” reported modest increases, for example ripple (XRP), cardano (ADA) or solana (SOL) had increases of 1%, while the Binance coin (BNB) posted a 2% rise.

Regarding falls, the most significant losses were reported by cryptocurrencies such as Internet Computer (ICP) that trades at 4.88 dollars, which meant a drop of 6% and Lido DAO (LDO) that fell to 1.96 dollars to buy, a decrease of 7.1%.

TAGGED: bictoin, bullish, down, list, may, path;, resumes, today, weeks

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