Veteran Trader John Bollinger Is Bullish on Bitcoin and Ethereum Amid Market Recovery

Bitcoin, the world’s largest cryptocurrency recently soared above the $44,000 level, reaching the highest price point since Feb. 17.

On Feb. 28, the bellwether cryptocurrency recorded its largest daily candle, adding roughly 14% over the last 24 hours. Despite the impressive recovery, the top cryptocurrency is still down roughly 6% since the start of the year. The cryptocurrency is up also down 37.43% from its record peak. According to Bloomberg, the cryptocurrency’s correlation with the SP500 recently dropped to 0.55 from 0.7, which underscores its diversification benefits.

As for Ethereum, the top altcoin has also surged more than 13% to hit $2,974, the highest level since Feb. 17.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin, Ethereum Technical Analysis: ETH, BTC Rebound After Weekend Selloff – Market Updates Bitcoin NewsBitcoin and ethereum prices rebounded on Monday, after declining throughout the weekend, as the Russian invasion of Ukraine heightened. SheraTokens It's a long way to touch a dream. This way, it will be short. You have to think creatively. Of course, this means that you are investing in SHERA shr shera sheratokens_to_the_mooon Coz ebay accpted crypto payments SheraTokens shr shera sheratokens_to_the_mooon Sheratokens.comThe road to success, don't miss the train, make your dream come true
Source: BTCTN - 🏆 531. / 51 Read more »

Terra (LUNA) Surpasses Solana (SOL) by Market Cap Amid Price Recovery$LUNA has massively outperformed other “Ethereum killers” over the past week shib
Source: Utoday_en - 🏆 295. / 63 Read more »