$103,043.00
0.33%$2,336.11
4.59%$2.37
1.85%$663.98
6.00%$171.87
5.42%$0.999992
0.01%$0.207893
5.59%$0.782668
1.34%$0.263564
2.92%$2,333.57
4.59%$103,153.00
0.56%$3.96
-0.23%$16.06
0.92%$23.49
4.98%$2,812.03
4.87%$0.299797
1.34%$0.00001513
5.09%$0.203246
3.93%$24.70
6.18%$415.21
-1.19%$3.31
3.40%$8.72
-1.53%$0.999998
-0.00%$103.41
7.87%$4.99
10.05%$2,335.54
4.30%$311.64
3.56%$2,497.10
5.13%$4.60
1.76%$0.739287
9.24%$0.00001244
13.18%$1.002
0.17%$103,062.00
0.31%$1.00
0.05%$30.30
-0.09%$6.44
2.41%$434.32
1.38%$2.93
4.24%$5.64
0.33%$54.87
4.02%$211.89
2.18%$1.008
0.51%$1.051
0.04%$19.21
3.12%$1.00
0.00%$0.101793
2.13%$5.46
3.94%$14.35
2.45%$22.50
3.20%$0.105622
7.09%$33.42
1.54%$0.771324
2.16%$5.00
4.64%$0.03009998
4.45%$0.255411
2.09%$4.92
6.36%$0.834877
7.29%$0.369831
6.14%$1.003
0.24%$103,010.00
0.09%$1.17
0.01%$3.03
2.44%$0.233454
2.67%$3.01
9.04%$4.35
0.06%$0.588076
1.53%$0.379782
3.87%$0.00002156
6.72%$1.18
6.58%$4.52
2.73%$0.550812
13.48%$1.029
6.22%$0.997354
-0.36%$1,742.84
0.65%$2,339.75
4.63%$11.23
1.93%$180.48
5.42%$95.28
-0.46%$1.36
10.36%$0.881627
3.07%$2,435.96
4.54%$0.02034213
3.28%$1.27
0.79%$0.247671
5.74%$0.760471
5.63%$1.91
-6.01%$0.665221
6.36%$0.076852
1.58%$4.40
-9.97%$11.93
4.49%$2,652.99
4.74%$0.113953
8.78%$0.999458
-0.06%$103,111.00
0.86%$0.764042
-0.89%$0.00010002
7.59%$664.16
6.01%$0.99962
-0.00%$1.029
5.48%$0.914389
7.73%$221.74
5.36%$1.002
0.31%$0.01844279
3.01%$2,485.67
4.60%$190.06
5.35%$0.01963811
7.45%$0.01375624
-2.40%$2.88
2.77%$41.99
4.41%$103,061.00
0.02%$0.829391
5.16%$0.338006
5.18%$3,337.45
0.96%$0.816419
16.26%$14.10
-4.30%$0.00000081
7.20%$3,343.28
1.01%$2.46
8.49%$102,111.00
-1.14%$1.00
0.03%$0.24061
3.18%$0.076929
2.26%$0.610714
-2.00%$102,322.00
0.76%$2,446.41
4.42%$22.30
0.30%$4.02
0.68%$0.12053
0.52%$0.441372
5.72%$42.65
-0.27%$0.18584
19.29%$0.356276
6.62%$2.04
5.12%$0.634764
5.92%$0.701297
8.47%$0.997826
0.02%$2,399.56
3.88%$0.998707
0.02%$3.85
4.20%$0.01825467
0.03%$0.735028
-0.66%$1.12
0.57%$0.01035402
0.41%$0.47201
1.99%$0.00602246
2.34%$0.175815
13.06%$111.00
0.02%$1.53
9.16%$0.496585
4.80%$0.689796
6.76%$8.13
1.86%$18.83
-5.36%$0.207435
5.35%$103,256.00
0.84%$0.646035
8.69%$0.515696
9.06%$4.19
6.43%$2,335.51
4.28%$2,335.33
4.45%$0.198415
-0.58%$0.998927
0.09%$2,483.35
4.31%$0.0000246
5.82%$0.999992
0.38%$102,882.00
0.45%$2,414.45
6.06%$0.18771
7.48%$6.62
3.85%$2.89
4.43%$0.065153
-0.13%$0.00884317
1.43%$100,044.00
-0.05%$0.090893
4.98%$0.999992
0.01%$0.099093
6.41%$1.63
2.20%$0.0463655
3.17%$1.78
-5.62%$0.00000045
2.54%$2,335.84
4.69%$0.255494
2.15%$0.00602531
1.44%$45.83
3.54%$0.157579
0.47%$1.096
0.72%$0.628289
4.56%$0.993366
-1.56%$1.51
0.75%$0.00000102
1.96%$0.413647
2.52%$102,921.00
0.12%$0.850084
7.13%$0.348719
7.62%$0.00380843
18.39%$0.00006917
8.12%$0.387764
3.02%$0.187847
5.16%$0.00444539
3.10%$0.03770179
3.14%$0.019206
3.01%$1.002
0.19%$1.52
16.76%$32.91
-0.97%$0.857391
2.36%$0.355022
40.89%$21.60
0.04%$2,339.39
5.03%$1.00
0.01%$0.348255
0.59%$4.23
12.01%$131.96
5.28%$2,476.67
5.67%$1.22
9.37%$0.738488
2.53%$2.98
4.93%$0.00000162
6.94%$103,011.00
0.33%$0.265823
7.11%$24.70
5.93%$23.58
5.47%$1.00
-0.06%$2,340.01
5.28%$0.999945
0.06%$2,564.79
4.44%$0.00354532
4.26%$0.999941
0.00%$0.226162
2.03%$0.539427
1.77%$2,544.71
4.40%$1.098
0.02%$0.03533595
1.75%$18.18
5.37%$2,335.05
4.43%$24.01
1.96%$0.584727
3.15%$2,519.69
4.50%$0.00
14.76%$0.285333
2.28%$0.999871
0.04%$0.999544
-0.04%$3.44
-0.26%$0.120811
11.91%$24.69
5.91%$2,335.61
5.61%$3,327.79
-0.06%$0.01424393
5.08%$0.04004189
3.80%$0.805795
5.76%Reading
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.
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