Volume

In the past 24 hours, Bitcoin (BTC) has surged around 20%, skyrocketing to the $9,400 level. The volume of transactions also soared by more than double and increased the upward momentum.

Expectations are growing that Bitcoin (BTC) will increase further thanks to the halving that is approaching in less than two weeks. The current situation is convincing that the halving has a positive effect on the market.

In the past 24 hours, Bitcoin (BTC), the market's number one digital currency, has continued to increase slightly, changing hands at around $7,788. Bitcoin may be preparing for another massive bull run like that happened sometime back.

The cryptocurrency market is showing an overall upward trend on April 26. Six of the top 10 cryptocurrencies by market cap surged, and four are lighting red indicating a fall. Bitcoin (BTC) aims to touch the $8,000 mark.

Bitcoin is closing the week as it progresses through the consolidation process in the rising trend on April 24. Cryptocurrency traders and hodlers are focusing on the upcoming halving. The overall mood and technical indicators of the market are positive.

Many popular cryptocurrencies, including Bitcoin (BTC), have opened the week in the red and BTC has receded to a little bit over $7,000 after it touched $7,300 mark. However, the market prices are on the right track to rally.

As Bitcoin continued to rise from April 17, 2020, it was predicted that its next goal would be $8,000. However, the coin has not managed to break $7,200.

Yesterday, the cryptocurrency market continued to decline overall in the mid-day, but most of the stocks increased compared to the morning. And today, the Bitcoin (BTC) trend also seems to be moving downside.

The world’s number one cryptocurrency, Bitcoin, has resumed its upward trajectory and is expected to trade above $8,000 soon. Bitcoin has now hit and exceeded the $7,000 resistance level. This momentum is one of the signals of a massive rally and a possible bull run.