$103,348.00
-0.02%$2,388.09
-3.87%$2.35
-0.68%$638.61
-0.72%$165.14
-1.53%$0.999849
0.00%$0.220034
1.66%$0.726251
-2.43%$0.26119
-3.99%$2,386.96
-3.79%$103,289.00
0.23%$3.77
0.21%$2,866.36
-3.97%$15.16
-1.80%$21.90
-2.09%$0.280841
-2.23%$25.86
-1.97%$0.00001435
-0.05%$0.18936
-1.35%$8.65
0.24%$391.51
-1.61%$3.03
-1.50%$96.71
-0.26%$0.99978
-0.01%$4.53
-2.13%$2,391.21
-3.60%$343.53
1.26%$1.002
0.22%$5.11
-0.22%$2,550.08
-3.65%$0.00001296
4.74%$0.732514
2.16%$1.001
0.07%$103,370.00
-0.07%$30.03
-0.53%$403.56
-4.99%$5.74
-0.52%$2.69
-0.29%$216.71
-2.09%$52.44
-1.25%$4.92
-3.38%$197.76
-2.18%$1.00
0.00%$0.906331
-1.69%$0.095853
-2.01%$35.62
0.02%$0.108256
-1.12%$5.06
-2.18%$17.74
-2.58%$21.44
-0.59%$12.75
-0.01%$0.731314
0.46%$1.17
0.00%$0.02750601
-1.14%$1.052
0.07%$4.45
-2.32%$1.00
0.02%$4.71
-0.59%$0.356406
-2.59%$102,999.00
0.09%$0.231043
-0.92%$0.729474
-1.55%$4.40
0.05%$0.215797
-0.66%$2.76
-1.48%$0.372677
-1.29%$1.11
3.16%$2.56
-1.34%$0.494931
-1.06%$4.46
-1.32%$0.998528
0.11%$0.00001919
0.67%$2,382.57
-4.22%$11.46
-0.34%$174.37
-1.23%$0.484012
-2.29%$1,661.28
-4.30%$92.51
-1.55%$2,496.08
-3.45%$4.70
-1.05%$0.839988
-0.82%$1.27
0.11%$1.26
1.72%$0.01904063
0.08%$1.87
10.55%$0.221979
-1.69%$0.765432
-3.59%$0.696387
-1.05%$0.626423
-1.89%$11.67
0.32%$1.002
0.22%$2,713.86
-3.58%$0.070397
-2.42%$103,344.00
0.21%$0.107236
0.71%$0.97324
2.78%$3.19
2.15%$0.00009401
3.60%$1.001
0.15%$0.999456
-0.02%$639.02
-0.69%$2,549.38
-3.56%$0.660864
-2.04%$213.47
-1.60%$181.83
-2.45%$0.852836
0.14%$103,566.00
0.56%$0.01738319
1.03%$0.01882942
0.79%$0.642948
1.00%$1.00
-0.01%$3,218.83
0.05%$101,587.00
-2.16%$0.876104
-3.85%$0.218922
0.48%$101,960.00
-0.46%$0.774715
-2.58%$0.01228848
0.71%$3,233.36
-0.06%$2,504.75
-3.59%$0.304104
0.35%$12.74
-0.38%$2.17
-1.26%$0.00000073
-1.27%$3.89
-2.04%$21.14
-2.25%$35.09
-0.69%$0.068669
2.98%$2,507.13
-3.26%$0.02001792
-2.35%$0.114442
-0.75%$0.997447
-0.01%$3.96
1.29%$39.66
-2.03%$2.06
-0.33%$1.80
6.73%$0.605783
-0.99%$0.678664
3.64%$0.398763
-1.43%$0.998253
-0.03%$1.85
-1.80%$0.324418
-0.54%$1.11
-0.51%$111.09
0.00%$0.219451
1.50%$2.02
3.45%$2,388.37
-3.80%$1.00
0.06%$0.146761
-4.89%$0.659652
6.09%$103,579.00
0.13%$2,393.61
-3.58%$0.441125
1.44%$0.624145
-0.71%$18.02
-1.64%$0.999867
0.17%$2,547.08
-3.71%$0.633208
0.50%$2,454.49
-2.57%$103,146.00
0.29%$0.0083862
-2.19%$0.153454
2.74%$0.999803
-0.01%$7.19
-0.39%$2,389.67
-3.66%$2.87
-1.21%$0.180791
-3.74%$0.00500392
-1.32%$0.06365
-1.75%$101,442.00
1.21%$0.180585
3.27%$6.35
-1.47%$0.441937
3.78%$0.406063
-0.97%$0.447937
1.99%$0.00002203
-2.18%$0.04823455
-0.12%$0.086054
-1.23%$1.76
7.49%$1.60
4.20%$0.00000043
-2.89%$0.092152
-3.43%$0.638572
-1.01%$0.04278161
0.21%$1.36
11.37%$1.087
0.00%$0.154933
-1.94%$0.990729
-0.90%$0.00000103
4.14%$1.25
0.73%$0.00767978
-1.56%$0.99992
-0.01%$2,390.15
-3.47%$0.170794
-1.86%$0.999779
0.01%$42.72
-0.72%$103,326.00
1.58%$0.999956
0.25%$0.00444947
-0.35%$1.51
-0.59%$0.23126
-0.90%$33.63
-0.96%$0.998203
-0.24%$3.06
-2.27%$0.340698
-3.07%$0.375189
-3.42%$0.01874571
-3.34%$0.00349902
3.34%$0.371439
-0.27%$0.768465
5.41%$2,528.51
-3.76%$25.84
-2.03%$0.00501086
1.50%$0.03490959
-0.81%$0.82563
-1.18%$128.77
-2.32%$1.10
0.02%$0.0000608
-0.97%$103,036.00
-0.20%$2,620.49
-3.96%$3.58
4.69%$19.90
-3.11%$0.998714
-0.24%$0.320168
6.46%$0.00000156
-4.02%$2,604.17
-3.68%$0.999762
-0.01%$1.00
0.08%$0.615791
8.67%$0.247092
-0.33%$0.671503
-2.18%$0.273991
2.05%$18.26
-0.89%$2,381.78
-4.13%$0.213689
-1.89%$21.86
-1.52%$0.00070368
2.31%$0.00327685
4.17%$2,392.38
-3.45%$2,574.74
-3.80%$25.82
-1.99%$0.49316
1.30%$0.00278739
4.68%$2.57
0.03%$23.13
0.42%$0.999943
-0.01%$0.999389
-0.04%$0.00
2.40%
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.
