[뉴욕 코인시황/마감] Major stocks on the rise … Bitcoin $33,268, Ethereum $1365

[뉴욕=박재형 특파원] On the 25th (local time), the cryptocurrency market declined overall, with Bitcoin and Ethereum leading the market’s rise.

Eight of the top 10 stocks have risen, and 68 of the top 100 have a green light indicating an increase.

According to CoinMarketCap, the price of bitcoin was $33,268.02 at 4 p.m. New York time, up 6.55% from the previous 24 hours.

Ethereum rose 2.94%, Polkadot 1.15%, XRP 0.63%, Cardano 2.52%, and Chainlink’s price fell 2.71%.

At this time, the market capitalization of the cryptocurrency market was $982 billion, and the share of Bitcoin was 63.3%.

Source: Coin Market Cap (As of January 25th, New York Time at 4pm)

The Chicago Merchandise Exchange (CME) bitcoin futures price turned downward. The most actively traded January products fell by $205 to $33,375, February fell by $205 to $33,740, and March fell by $155 to $34,10.

In the cryptocurrency market, Bitcoin and Ethereum continued to rise, but the price point fell slightly compared to the morning.

Bitcoin is on the rise at the $33,000 level, and its trading volume has declined to the level of $58 billion.

Ethereum’s gains declined slightly from the mid-$1300 range, and the uptrend of most major stocks slowed compared to morning.

According to BeinCrypto, bitcoin is showing the lowest market share since September 2020 as the Ethereum and decentralized finance (De-Fi) markets are heating up while the rise of bitcoin has picked up.

Bitcoin had a market share of close to 70% a while ago, but dropped to 62.5% at one time. As the market’s bullish expectations for bitcoin weaken and prices fluctuate, more investors are moving to Ethereum.

Along with this, many DeFi tokens are also breaking record highs. This, along with the strength of Ethereum, is acting as a factor that weakens the dominance of Bitcoin.

NewsBTC reported that bitcoin rebounded strongly after falling below $29,000 last week, raising the possibility of a larger price hike.

A popular trader on Twitter said that there may be further increases in the medium term given that the recent bitcoin price structure seems incredibly strong.The continued strength of Ethereum has the effect of raising bitcoin higher. Expected to be able to demonstrate.

NewsBTC explained that if a drop below $30,000 reveals a long-term bottom, it could be the start of the next cycle leading to a new all-time high.

In the US New York Stock Market, the Dow fell 0.12%, the Nasdaq rose 0.69%, and the S&P 500 rose 0.36%.

Source