Bitcoin Hits All-Time High Against Multiple Fiat Currencies as Price Nears $59K
BTC Hits New Two-Year High: Surges to $59,485, nearing ATH. Breaks records against multiple fiat currencies. Bullish momentum expected amid upcoming halving.
![image Edmund](https://image.coinlive.com/24x24/cryptotwits-static/2488f86d7c9c42855a452b202bf85f6c.png)
BTC Hits New Two-Year High: Surges to $59,485, nearing ATH. Breaks records against multiple fiat currencies. Bullish momentum expected amid upcoming halving.
USDT supply surge correlates with Bitcoin's rise, suggesting influence on market trends. Caution urged due to reliance on stablecoin dynamics.
BNB broke out from a descending resistance line. It is facing resistance at $261.
OKX announced the listing of BNB (BNB/USDT and BNB/USDC) on their spot trading markets.
The rise in the ETH/BTC pair is painting a bearish technical pattern, hinting at a potential correction.
Ethereum funds have been undergoing a modest recovery after witnessing 11 weeks of continuous outflows.
Interestingly, Ethereum has not reclaimed its all-time high against Bitcoin since June 2017 despite the NFT craze.
The major crypto exchange said on Thursday it would delist the trading pair if the price fell under 0.005 USDT, which has already happened.
Bitcoin SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle.