The initial coin offering’s price has started to rise again. The current price of digital gold is close to $71,000.
A spike in trading volumes accompanied the upward movement.
The overall market was positively affected by Bitcoin’s price increase to approximately $70,990; the market capitalization ratings’ “blue chips” moved into the “green zone” as a result.
Getting past the $72,000–73,000 resistance zone is necessary for digital gold to “enter a parabolic growth phase,” according to a Rekt Capital analyst.
All things considered, the market cap is $2.76 trillion right now. The index of bitcoin dominance is 50.6%.
Following testing the $70,000 mark, experts from CryptoQuant observed that hodlers were hesitant to “go into cash.”