$105,928.00
-1.56%$2,643.17
-0.12%$2.27
0.65%$676.13
-1.58%$167.14
-1.76%$0.999782
0.00%$0.217814
-0.55%$0.72661
-2.11%$0.275829
0.41%$2,637.63
-0.07%$105,707.00
-1.48%$3.54
-0.16%$3,186.50
0.23%$31.89
-5.47%$15.22
-1.50%$22.55
-1.99%$0.280742
-0.33%$3.40
-0.95%$9.07
-0.46%$0.00001404
-0.23%$407.28
-0.09%$0.179668
-1.71%$94.17
-0.69%$0.999695
-0.01%$2,639.42
-0.03%$4.43
-0.90%$2,822.48
-0.08%$337.83
-2.73%$5.24
0.32%$0.999208
-0.15%$0.0000137
0.56%$0.999291
-0.10%$0.71285
-0.67%$105,791.00
-1.56%$31.23
-0.81%$6.69
0.15%$255.31
-3.36%$418.93
-3.35%$2.78
-0.39%$5.20
-2.03%$51.84
-0.12%$200.90
-1.91%$1.00
0.00%$1.17
-0.09%$0.905433
-1.45%$0.095112
-1.74%$35.26
-9.00%$5.26
0.12%$18.23
0.20%$0.097352
-3.57%$20.06
-1.78%$11.95
-2.57%$0.700682
-2.99%$1.053
0.01%$0.862936
-1.43%$0.02611633
-2.14%$4.26
-2.12%$0.376216
-0.21%$1.004
0.27%$4.67
-0.55%$1.32
0.02%$0.226343
0.58%$0.405845
1.85%$105,679.00
-1.31%$4.41
-0.30%$2.77
-1.01%$0.212209
-1.36%$0.572438
-5.65%$114.05
0.47%$2.52
-2.14%$0.998152
0.11%$2,661.58
0.53%$4.56
-0.79%$177.60
-1.28%$0.00001921
-2.43%$2.22
-4.24%$11.31
-0.43%$0.436762
0.30%$14.02
-4.04%$2,758.59
-0.23%$0.742404
-2.05%$0.999187
-0.05%$0.823429
-3.17%$3,003.83
-0.16%$1.23
-0.58%$1.22
-4.69%$0.01804632
-2.22%$4.20
-1.57%$0.21308
-2.71%$0.613655
-1.23%$0.730632
-3.37%$1.062
-4.05%$0.106758
-1.18%$0.062718
-2.08%$1.005
0.41%$106,079.00
-1.64%$1.072
2.93%$0.739034
-1.10%$2,818.78
0.11%$0.00009898
-1.40%$1,670.32
-0.54%$216.05
-1.91%$679.75
-1.15%$105,725.00
-1.59%$2,763.55
-0.43%$53.51
3.33%$0.999392
-0.03%$1.00
-0.00%$2,769.23
0.13%$2.64
-2.82%$185.43
-1.90%$0.01877068
-1.13%$0.834947
-1.81%$2.89
-5.87%$0.923459
2.84%$106,814.00
-0.94%$3,318.09
0.57%$0.01688541
-0.65%$3,328.15
0.44%$13.81
11.75%$0.77507
-4.54%$23.43
1.85%$0.199205
-2.72%$0.129398
-3.65%$0.01161268
-4.76%$0.297483
-0.92%$0.550197
1.78%$0.00000072
0.46%$4.36
-2.88%$35.35
-0.94%$105,349.00
-1.87%$1.00
0.03%$0.112782
-0.32%$3.58
-1.82%$1.86
-1.46%$111.22
0.01%$0.619461
-0.38%$0.997339
-0.02%$0.06304
-2.87%$2.02
-0.08%$0.393472
-0.45%$1.83
-2.91%$0.01748827
-4.47%$2,638.45
-0.08%$1.091
0.19%$0.580141
0.76%$2,639.45
-0.23%$0.302538
-0.39%$2.07
-5.37%$0.214531
9.75%$0.699023
0.05%$0.217695
-0.79%$2,752.38
1.00%$2,828.83
0.23%$2.17
-0.82%$106,021.00
-1.51%$2,638.87
-0.02%$1.10
-0.01%$1.64
8.95%$0.00612339
29.12%$0.996051
-0.27%$0.00486388
-5.24%$0.420649
-1.11%$17.27
-3.33%$105,760.00
-1.72%$0.614339
-1.40%$7.21
-1.21%$0.151909
-3.36%$0.569862
-0.26%$0.999796
0.01%$6.48
-0.21%$2.82
0.43%$0.063689
2.57%$0.418528
-1.47%$0.00783113
-4.60%$0.04961919
-0.91%$0.682389
-0.60%$0.096468
-2.76%$0.086268
-0.83%$1.33
-0.92%$0.00000111
-1.21%$0.0000216
0.30%$0.00000043
0.01%$103,182.00
-1.97%$0.167911
-3.15%$0.163658
-0.62%$2,636.26
-0.16%$0.385889
-9.85%$0.04274639
-0.65%$31.84
-6.44%$1.089
0.01%$1.001
-0.78%$0.413207
-5.47%$36.29
-1.88%$1.002
0.19%$2,798.72
0.29%$1.41
-0.86%$0.99988
-0.03%$0.00736989
-0.58%$0.999299
-0.03%$42.35
0.97%$1.41
-3.93%$0.380241
-1.00%$0.01947772
-0.05%$0.00445022
-0.72%$0.00403012
-6.19%$0.380552
-1.08%$2,907.05
0.00%$135.81
0.30%$0.145994
-7.02%$0.609757
5.50%$105,479.00
-1.73%$31.82
-6.46%$0.00507359
-0.31%$2,876.69
-0.03%$0.832899
-2.29%$0.03482714
-0.50%$0.759393
-1.62%$0.225908
0.49%$105,873.00
-1.50%$0.00006102
-1.92%$2,639.99
-0.19%$0.237236
3.09%$2.75
-1.17%$19.89
0.46%$0.00364599
-2.69%$2,646.75
0.19%$0.318004
-1.22%$0.33568
-0.46%$181.46
-1.75%$0.00000155
-2.75%$2,850.62
-0.18%$0.998898
-0.05%$1.005
0.50%$0.998717
-0.10%$22.54
-2.46%$1.00
0.02%$0.663784
-1.44%$0.271529
-5.55%$0.240462
-1.86%$17.76
-1.61%$2.60
-1.61%$23.29
-1.42%$0.70938
-10.17%$3.13
-1.97%$187.41
-1.30%$0.00272154
-3.99%$3,301.09
-0.01%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.
