Digital currency market analysis today, March 29, 2024
Bitcoin (BTC):
Bitcoin is currently trading at $24,000, down 2.5% in the past 24 hours.
Bitcoin rose to the $25,500 level earlier this week, but faced resistance at that level.
Bitcoin is likely to continue trading in a narrow range between $23,000 and $25,000 in the next few days.
Ethereum (ETH):
Ethereum is currently trading at $1,800, down 3% in the past 24 hours.
Ethereum faced resistance at the $2,000 level earlier this week, but has turned lower.
Ethereum is likely to continue trading in a narrow range between $1,700 and $1,900 in the next few days.
Other currencies:
Some other coins have performed better than Bitcoin and Ethereum, such as Solana (SOL) and Cardano (ADA).
Solana is up 5% in the past 24 hours, while Cardano is up 4%.
These currencies are likely to continue to perform well if the market continues to rise.
Influencing factors:
There are a number of factors that can affect the digital currency market:
Monetary policy decisions by central banks.
Regulatory news related to digital currencies.
Adoption of digital currencies by companies and institutions.
#ŰȘŰÙÙÙۧŰȘ_ŰłÙÙ_ۧÙŰčÙ ÙۧŰȘ_ۧÙ۱ÙÙ ÙŰ© #ŰšÙŰȘÙÙÙÙ #bitcoin #BinanceVANAR