Crypto Currency News
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+26.29
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Ethereum breaks $ 1,400 for the first time since January 2018

Crypto at a glance

It was a milestone for Ethereum yesterday, with a number of branches hitting new all-time highs as the price broke $ 1,400 for the first time since January 2018. However, there were still many who did not mention this. This is because different outlets calculate the all-time high differently, including CoinMarketCap in particular, which has the all-time high at $ 1,448. Do the Ethereum cops have the energy to make one more attempt to break it more definitely? There’s enough to argue in the crypto room without sniffing past all-time highs. So if you break $ 5,000 this morning, you can really wind down some debates.

Elsewhere, Bitcoin continues to orbit in the flight pattern, which was set between $ 35,000 and $ 37,000 this week. There has also been a cool down for the majority of the alts, which is likely to be expected after the huge increases we’ve seen over the past few weeks. With the market relatively flat today and Joe Biden opening up, it’s a good time to see how far cryptocurrency has come in the past four years since Donald Trump took office. On the day of Trump’s inauguration – January 20, 2017 – Bitcoin hit a daily high of $ 899.40 and Ethereum $ 10.76. That means that $ 1,000 then spent on Bitcoin would make you a cool $ 40,000 if you sold today, while $ 1,000 worth of ether would now make you a whopping $ 127,302. Chainlink, Polkadot, and Bitcoin Cash hadn’t even hit the market yet – 30% of the top 10 coins by market cap were just a wink in someone’s eyes. Today they have a combined market cap of over $ 33 billion. Not bad to go under a president who allegedly said he wanted to “look for bitcoin”. What will Bitcoin cost when the 47th President is inaugurated? Answers on a postcard. No prizes for the winner. We are sorry.

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What Bitcoin did yesterday

We were closed yesterday, January 19th, 2020 at a price of $ 36,069.81 – from $ down36,630.08 the day before. It’s now been 18 days since Bitcoin was last below $ 30,000 and 34 days since it was below $ 20,000.

The daily high was $ 37,755.89 yesterday and the daily low was $ 36,069.81.

Around this time last year, Bitcoin price closed the day at $ 8,706.25. In 2019 it was $ 3,728.57.

To date, buying Bitcoin has been for …

99.9% every day since April 28, 2013.

Bitcoin market capitalization

Bitcoin’s market capitalization is currently $ 665,061,660,451from $ 695,369,116,592 yesterday.

Bitcoin volume

The volume traded in the last 24 hours was $ 59,093,095,987from $56,296,149,855 yesterday. High volumes can indicate that a significant price move has stronger support and is more likely to last.

volatility

Bitcoin’s price volatility over the past 30 days is 90.67%.

Fear and greed index

A long time ago the Fear and Greed Index showed up 78 I would have made a lot of people hop on the street, but right now it seems almost positively bearish to take such a low place on Extreme Greed. However, it is important to remember that while this is the lowest level since November last year, it still suggests that the market is very bullish and bullish. So cool your jets.

Bitcoin’s dominance of the market

Despite Ethereum’s pump, Bitcoin’s market dominance is still high 65.81. The lowest dominance ever recorded was 9/37 on January 8, 2018.

Relative Strength Index (RSI)

The daily RSI is current 58.17. Values ​​of 70 or higher indicate that an asset is being overbought and may be prepared for a trend reversal or price correction. An RSI of 30 or less indicates an oversold or undervalued condition.

Google trends

The trend in Google searches over the past 90 days. Google displays this graph on a relative basis with a maximum score of 100 on the day Google searched for that keyword the most. The newest score is 50 – taken from January 16th.

Convince your Nan: Soundbite of the day

“Bitcoin is resilient. Bitcoin is in principle. Bitcoin originally comes from internet ideals. And it’s a great brand. “

  • Jack Dorsey, co-founder and CEO of Twitter

What they said yesterday …

Exciting times for Ethereum fans

ETHEREUM $ 1,400 SWEET BABY JESUS ​​!!!!

WE ARE BACK!!!!

– Ivan on Tech (@IvanOnTech) January 19, 2021

Gives you an idea of ​​the size

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Dollar printed bitcoin
Market capitalization last year
$ 2.9T $ 0.67T

– Documentation of Bitcoin 📄 (@DocumentBitcoin) January 20, 2021

Wise words. Unless it’s a logistical issue – a fund manager should really know how to buy bitcoin

Public Service Notice:
I sold my #Bitcoin in early 2014. I’ve since tried to buy it back. I still couldn’t buy back as much as I sold.

Don’t sell your #Bitcoin. It’s very difficult to get it back.

– Eric Weiss (@Eric_BIGfund) January 19, 2021

An explainer would be nice

If you think #Bitcoin is a Ponzi, wait until you find out how Social Security works.

– Travis Kling (@Travis_Kling) January 19, 2021

Crypto AM: Longer reads

Crypto AM: Market View in collaboration with Ziglu

Crypto AM: Technically, in collaboration with Zumo

Crypto AM: Talking Legal in collaboration with INX

Crypto AM is once again focusing on CUDOS

Crypto AM: focus on regulation

Crypto AM: Deeper Dives with Liam Roche

Crypto AM: A Trader’s View with TMG

Crypto AM: Walk the Crypto on tiptoe with Monty Munford

Crypto AM: Definitely DeFi

Warning notices

It’s definitely tempting to get carried away with the excitement, but please heed these words of caution: do your own research, invest only what you can afford, and make good decisions. Hopefully the indicators included in this article will help with that. However, do not forget The content of this article is for informational purposes only and is not intended as investment advice or in any form of recommendation or invitation. City AM, Crypto AM, and Luno always recommend that you seek your own independent financial advice before investing or trading in cryptocurrency.

All information is correct as of 08:30 GMT.

Crypto AM Daily in collaboration with Luno

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