Bitcoin (BTC) Closes The Week With A Strong Rally That Helped It To Go Up U$S 21.000Chief experts say that the increase is due to the close proximity to the date of arrival Sickness on Ethereum. The rest of the cryptocurrencies reported similar results.
according to information CoinMarketCap, value of B T c Increases 9% from the previous day to keep your price in the range of U$S 21.000, for its part, Ethereum (ETH) raise one 4.4% left its price in the last 24 hours none of these U$S 1700,
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At the weekly level, the crisis was temporarily resolved Bitcoin And 4% higher than its value last weekwhereas ETH 7% higher than seven days ago,
merging around the corner
Proximity is the main reason for this increase for many experts. Sickness, A process where the Ethereum network goes from operating a “Proof of Stake” (PoS) system with a “Proof of Work” (PoF) system,
Among the benefits of this change are: energy consumptionCrime is 99.95% lower in PoS networks, and as a direct result mining price Who has cryptocurrency.
On the other hand, the probability that deliver an airdrop (which is basically a fork of the network between PoS systems and PoW) is another factor that is influencing the price of cryptocurrencies these days.
With regard to dates, it is expected that Sickness happens between September 13 and 15 By counting the number of transactions done on the network required for this “merger” to occur.
market confidence returned
Ultimately, Ten cryptocurrencies with the highest market volume they close the week With extremely positive returns in all cases, some are trading as high as 8% in 24 hours,
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best case polka dots (dot)what registered an increase of 8.7% in the last 24 hours to leave its price in US$7,8, For the rest of the quotes, the prices differ as follows:
- Cardano (ADA): u$s 0.49 (comes out to 5.7%)
- Ripple (XRP): u$s 0.35 (comes out to 5.8%)
- Binance Coin (BNB): US$ 292 (comes to 4.7%)
- sunshine (sun): US$ 35 (comes to 7.5%)
Thus opened the cryptocurrency market.
On a weekly level, all cryptocurrencies are in the green: ada up 6%, bnb and 4%, Fifth note of musical scale and 11%, XRP 6%, and Telecom Deptt 7% more than 7 days ago.
Bitcoin Fear or Greed Index.
In the end, bitcoin fear or greed index is marked in 20 score, Which represents a state of extreme fear and predicts a bearish market for the near future.
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