$98,313.00
0.19%$3,391.64
-0.57%$254.20
-0.72%$663.27
-0.47%$1.45
0.02%$0.425046
-2.31%$1.001
0.15%$1.046
-1.26%$3,388.33
-0.66%$0.209195
-2.67%$41.69
-2.26%$0.527348
-7.50%$6.12
-5.29%$0.00002559
-4.03%$4,021.67
-0.70%$97,739.00
-0.15%$8.90
-2.70%$18.07
1.73%$512.88
0.24%$3,392.10
-0.62%$3.46
0.13%$7.00
7.42%$0.00002019
-2.16%$8.66
0.38%$96.68
-4.00%$12.38
-4.27%$10.97
-0.36%$3,573.04
-0.64%$0.143065
-4.07%$11.44
-2.25%$1.003
0.39%$0.187679
-5.49%$0.561411
-3.03%$28.97
-2.96%$8.02
0.83%$537.01
-0.16%$1.51
-1.00%$1.003
0.14%$0.152818
0.04%$24.45
-1.04%$0.00004679
-1.69%$0.857771
-2.76%$0.04281472
-0.59%$5.62
-4.63%$2.26
7.16%$56.18
2.65%$8.60
-5.82%$3.68
0.01%$7.65
2.34%$3.23
-2.67%$161.77
-2.10%$1.72
-0.22%$0.850069
-3.04%$2.19
-4.22%$0.637655
12.03%$27.70
-2.29%$0.951223
5.79%$171.22
-5.33%$0.256242
0.46%$0.283189
-5.08%$0.00024006
-2.47%$1.65
5.20%$1.001
0.28%$3,390.73
-0.62%$1.93
-3.91%$0.678344
5.17%$5.66
-2.45%$0.783373
26.03%$6.34
4.42%$2.59
1.65%$3,780.07
-0.46%$0.166108
-1.19%$98,247.00
-0.13%$3,552.18
-0.58%$0.443345
-0.33%$1.078
2.42%$1,753.11
0.36%$98,067.00
0.56%$1.13
-1.79%$0.03797802
-4.38%$3,482.55
-0.65%$22.24
-0.07%$0.938891
-4.75%$11.51
1.18%$1.47
-1.47%$97.46
-5.00%$11.66
-0.60%$69.12
-3.88%$1.34
-6.78%$1.51
9.55%$314.27
-0.99%$0.56085
-3.38%$0.697552
1.94%$0.00000135
-3.87%$1.27
8.66%$0.834073
-0.08%$0.02391323
-0.64%$0.598848
-0.58%$8.11
-5.47%$0.02555726
-1.41%$0.0233564
-4.28%$0.200711
-0.10%$15.17
-0.07%$6.17
-2.60%$1.51
-2.40%$97,894.00
-0.20%$3.15
-0.08%$37.72
-3.04%$268.96
-0.84%$0.00000262
1.85%$12.70
0.45%$3,387.66
-0.58%$1.076
-3.38%$1.35
-2.17%$97,982.00
0.02%$97,502.00
0.18%$1.37
-1.76%$0.834266
3.76%$3.80
-4.57%$0.00901383
5.80%$0.00004616
-0.94%$258.12
-0.74%$0.757213
-2.29%$5.43
-1.89%$3,491.03
-0.78%$1.36
-1.30%$0.425544
-2.44%$0.094974
-4.06%$0.867366
8.24%$40.59
-3.20%$0.183059
-2.10%$0.00943954
-3.95%$0.226327
-0.75%$0.053214
-10.28%$51.87
-3.73%$0.0018336
-1.54%$0.27724
2.20%$1.002
0.30%$2.59
8.00%$0.00726031
-4.65%$0.839943
2.80%$3,392.03
-0.72%$271.96
-1.89%$2.22
-2.22%$2.14
-3.52%$3,392.29
-0.60%$0.00012446
-0.63%$1.51
-2.63%$0.01519656
3.71%$20.68
-0.88%$2,679.92
-1.47%$0.99721
0.38%$0.318661
2.33%$0.521392
1.65%$0.00933275
-5.29%$2.61
17.87%$1.76
-0.08%$0.094726
-5.93%$0.169918
-0.37%$39.52
-14.16%$0.208396
-2.38%$3,675.77
-0.66%$1.34
-0.54%$66.95
-4.70%$1.00
0.10%$0.532175
-2.22%$0.077342
-3.01%$0.570441
-1.93%$1.14
4.56%$3.05
6.07%$32.34
-2.03%$3,387.43
-0.76%$1.33
1.64%$97,547.00
0.78%$0.078276
-1.27%$2,691.78
-1.23%$0.078543
2.23%$98,192.00
0.24%$0.00000025
-4.06%$3,361.66
-0.01%$97,753.00
-0.10%$0.285317
-2.44%$0.00733029
-8.11%$0.00000051
-0.72%$0.542956
-3.72%$0.515711
27.79%$8.72
-0.95%$1.002
0.24%$3.76
2.43%$0.386299
-3.20%$3,391.45
-0.87%$2.27
9.94%$0.265792
0.75%$4.40
9.35%$0.00274014
8.66%$0.02475602
-6.12%$12.86
-3.32%$9.35
5.73%$0.00867667
-5.53%$0.00133708
-6.17%$0.620949
39.46%$0.453382
14.44%$1.088
2.46%$0.812721
-2.83%$0.478778
1.14%$0.449784
49.70%$1.067
1.66%$3,638.05
-0.44%$0.632873
-4.94%$0.01416704
-5.02%$0.436893
6.37%$2.11
0.58%$3.61
-6.07%$0.290061
7.76%$1.001
0.29%$0.00535771
1.98%$0.43236
-4.39%$0.04483506
-5.71%$0.498742
-3.33%$1.001
0.11%$3,390.75
-0.81%$3,537.79
-0.85%$48.73
-1.71%$1.076
3.52%$33.91
-4.18%$1.001
-0.73%$3.73
-3.69%$1.068
0.03%$0.0400896
-3.01%$6.51
-0.69%$3.75
-2.36%$0.00
-0.03%$0.00679378
1.89%$93.66
-0.68%$0.350823
1.79%$3,732.75
-0.89%$5.85
7.61%$53.78
1.30%$0.427082
-1.57%$0.0397003
4.00%$1,972.53
0.11%$0.381479
5.53%$0.727812
-0.23%$0.02579627
-2.32%$4.78
2.16%$3,596.12
1.52%$0.909871
-1.47%$1.004
0.16%
Bitcoin has seen a strong bounce in the last hour, rising from lows of $36,000 to above $37,000. The cryptocurrency reached a high of $37,450 before coming back to the $37,000 mark.
This puts the coin in a stronger position after it fell to a low of $33,860 over the weekend.
Recently, Bitcoin has been in the midst of a price correction. On January 8, 2021, Bitcoin broke the $40,000 barrier—and set a new all-time high in price in the process—but soon after nosedived by over $10,000 in a single day.
Not only was that price crash the biggest Bitcoin has experienced in a single day since its inception, but it prompted calls that Bitcoin's latest bubble had burst, and that it was facing down a new bear market. Yet so far, such a crash hasn't happened, suggesting the rally isn't over.
This concurs with bullish sentiment from institutional investors. Such investors plowed $700 million into Grayscale's trusts on Friday, the most it has ever seen in a single day.
1/15/2021 was also our largest single asset raise day, ever.
— Michael Sonnenshein (@Sonnenshein) January 16, 2021
The rest of the cryptocurrency market hasn't been particularly affected; the price of Ethereum is up just 0.9% on the day. Litecoin's price, however, has followed Bitcoin's bounce and has risen 7% in the last 24 hours, mainly due to a spike in the last hour.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
