Bitcoin breaks through the $ 46,700 level

According to the analytical tracker TradingView, on the morning of February 9, the price of the flagship crypto asset BTC $93,371.74 Bitcoin -2.04% Market capitalization $1.85 trillion VOL. 24 hours $2.78 billion surpassed the $ 46,000 mark. At the time of writing, bitcoin reached $ 46,774 with a market capitalization of $ 918 billion, an increase of more than 4.4%. Traders made daily trading deals worth $ 29.5 billion. Bitcoin’s market dominance increased to 52%.

Almost all of the top 10 crypto assets by capitalization showed growth. In addition to the main digital asset, traders noted Cardano ADA $0.87 Cardano -1.47% Market capitalization $31.14 billion VOL. 24 hours $0.21 billion and Solana SOL $181.35 Solana 0.17% Market capitalization $86.95 billion VOL. 24 hours $0.72 billion .

As for the global capitalization of the cryptocurrency market, the industry added 2.91% during the day and settled at $ 1.76 trillion. Cryptocurrency transactions exceeded $ 62.8 billion, which is 11.6% higher than yesterday. The Fear and Greed Index approached the neutral mark of 62 points.

As a reminder, on the night of February 8, the flagship crypto asset managed to rise above $ 44,500. Amid the breakthrough of the leading crypto asset, experts predict that by the end of 2024, bitcoin could reach $ 130,000. A few days ago, Marathon Digital Holdings Chairman and CEO Fred Thiel emphasized that the upcoming doubling of bitcoin’s exchange rate would double its value compared to gold. Thiel expects BTC to reach ATH by the end of the third or early fourth quarter, after which a sell-off will begin, which could reduce its value.