BTCNEXT Exchange Update #53
The team has worked hard over the last two weeks. During this time, the BTCNEXT Exchange has become even more stable and secure. Check out all our updates below!
U.S. stocks closed the week on a positive note: the S&P 500 rose 0.5% on Friday, the Nasdaq Composite outperformed by 1.6%, the Russell 2000 gained 0.6% and the Dow Jones Industrial Average closed down 0.1%.
Brent futures rose 2.4% to $93.27 a barrel. Oil continues to rise for 30 consecutive days. Gold added 0.2%, reaching $1,808.28 an ounce, the flat continues.
The crypto market capitalization increased 16.67% over the last 7 days. ZEC grew more than the others: +35.2% in one week. BNX dropped the most: -44.7%. QDAO dipped -3.7%, NOAHP lost -34.9%.
Bitcoin has finally completed the corrective movement and is ready for a new rally. Over the past 2 weeks, the price has risen from $32,000 to $44,000, breaking through the upper border of the local downtrend. Most of the indicators point to a bullish mood in the crypto market, although a large number of short positions are keeping the chances for a continuation of the correction alive. The price may rise to $48,000 followed by a short-term pullback. If the bulls do not lose the initiative, Bitcoin will rush to a new ATH. With the current level of BTC’s dominance, altcoins might see an impressive growth.
BTCNEXT Exchange update
The BTCNEXT team continues to work hard to improve the exchange and its functionality. We are doing our best to provide maximum stability and a comfortable user experience.
Daily volumes and statistics on BTCNEXT Exchange:
- BTC — $7.9m
- ETH — $3.2m
- ADA — $1.6m
- BNX — $55,000
- NOAHP — $1,000
- QDAO — $10,000
- The total average daily volume on the exchange is $23.6m.
To learn more about BTCNEXT, visit our official Website.