{"id":600507,"date":"2023-01-23T18:51:36","date_gmt":"2023-01-24T00:51:36","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/01\/23\/bitcoin-bull-run-continues-soars-to-new-heights-not-seen-since-august-2022\/"},"modified":"2023-01-23T18:51:36","modified_gmt":"2023-01-24T00:51:36","slug":"bitcoin-bull-run-continues-soars-to-new-heights-not-seen-since-august-2022","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/01\/23\/bitcoin-bull-run-continues-soars-to-new-heights-not-seen-since-august-2022\/","title":{"rendered":"Bitcoin Bull Run Continues: Soars to New Heights Not Seen Since August 2022"},"content":{"rendered":"
<\/p>\n

You are here: Home<\/span><\/a><\/span>\/<\/span> News<\/span><\/a><\/span>\/<\/span> Bitcoin Bull Run Continues: Soars to New Heights Not Seen Since August 2022<\/p>\n

\"Bitcoin<\/p>\n

\n
\n

The crypto market has been sent skyrocketing once again as Bitcoin (BTC) reaches new heights not seen since August 2022. According to leading crypto analyst site\u00a0Santiment<\/a>, the world\u2019s most popular digital currency has now soared past the $22,700 mark, marking the first time it has reached this level since August 18, 2022.<\/span><\/p>\n

\n
\n
<\/a><\/p>\n
\n

???? #Bitcoin has now surpassed $22.7k for the first time since August 18, 2022. The price rise has come as the large whale tier group of addresses holding 1,000 to 10,000 $BTC has collectively accumulated 64,638 ($1.46 billion) $BTC in the past 15 days. ???? https:\/\/t.co\/H6jCsZDgUR<\/a> https:\/\/t.co\/RaN2I48ybg<\/a><\/span><\/p>\n<\/div>\n

<\/p>\n
\n

\"Image\"<\/p>\n<\/div>\n

<\/a><\/div>\n<\/div>\n<\/figure>\n

According to CoinMarketcap\u2019s\u00a0latest data<\/a>, Bitcoin is currently trading at $22,976.12, indicating a strong bullish sentiment and a potential break past the $23,000 level. The daily and weekly charts are also showing impressive gains of 9.00% and 10.13%, respectively. Furthermore, trading volume for BTC has seen a significant increase of 75% in the past 24 hours, further demonstrating the market\u2019s upward momentum.<\/p>\n

\n
\"BTCUSDT
Source: Tradingview<\/figcaption><\/figure>\n<\/div>\n

But what is driving this impressive surge in Bitcoin\u2019s price? Experts point to the actions of a powerful group of investors known as \u201cwhales,\u201d who have been collectively accumulating a massive 64,638 BTC (worth over $1.46 billion) in the past 15 days. This influx of investment from the whale tier group of addresses holding 1,000 to 10,000 BTC has sent ripples through the crypto market, propelling Bitcoin to new heights.<\/p>\n

This latest rally in the crypto market is sure to be welcomed by investors and traders, who have been eagerly watching Bitcoin\u2019s progress in recent months. It remains to be seen just how high the digital currency can go, but one thing is for certain: the crypto market is showing no signs of slowing down.<\/p>\n

As the world\u2019s leading digital currency continues to make waves in the financial world, many experts are predicting that this is just the beginning of an even more significant rally. With Bitcoin reaching new highs and showing no signs of slowing down, it\u2019s clear that the crypto market is a force to be reckoned with.<\/p>\n

4.283M Bitcoin (BTC) Returns to Unrealized Profit<\/h2>\n

In a recent development, data analytics firm Glassnode has\u00a0reported<\/a>\u00a0that a significant volume of Bitcoin has returned to an Unrealized Profit position since the market lows set during the FTX collapse.<\/span><\/p>\n

\n
\n
<\/a><\/p>\n
\n

Since the market lows set during the FTX collapse, a total of 4.283M $BTC have returned to an Unrealized Profit.
\nThis provides an indication of the volume of #Bitcoin that has transacted, and changed hands between $15.5k and $22.3k.
\n???? Live Chart: https:\/\/t.co\/YLKRdbvfQ4<\/a> https:\/\/t.co\/zWGtCHue54<\/a><\/span><\/p>\n<\/div>\n

<\/p>\n
\n

\"Image\"<\/p>\n<\/div>\n

<\/a><\/div>\n<\/div>\n<\/figure>\n

According to Glassnode, a total of 4.283 million BTC, valued between $15.5k and $22.3k, have transacted and changed hands during this period. This provides a clear indication of the level of activity and movement in the market.<\/p>\n

This news is particularly noteworthy as it suggests that the crypto market may be recovering from the recent turbulence caused by the FTX collapse. The return of such a large volume of Bitcoin to an Unrealized Profit position indicates that investors are once again becoming optimistic about the future of the market.<\/p>\n

It\u2019s worth noting that this is a positive sign for the crypto market, and it could be a sign of a bullish trend in the near future. However, it\u2019s also important to keep in mind that the market is always subject to fluctuations, and investors should exercise caution and do their own research before making any decisions.<\/p>\n

Related Reading | Aptos (APT) Rose 57% in 24 Hours As Binance Announces New liquidity Pools\u00a0<\/a><\/p>\n

\"Ezoic\"<\/a><\/span><\/span><\/span><\/p>\n<\/div>\n

<\/main><\/div>\n

Read More<\/a>
\n Mishal Ali<\/p>\n","protected":false},"excerpt":{"rendered":"

You are here: Home\/ News\/ Bitcoin Bull Run Continues: Soars to New Heights Not Seen Since August 2022The crypto market has been sent skyrocketing once again as Bitcoin (BTC) reaches new heights not seen since August 2022. According to leading crypto analyst site\u00a0Santiment, the world\u2019s most popular digital currency has now soared past the $22,700<\/p>\n","protected":false},"author":1,"featured_media":600508,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,22823],"tags":[],"class_list":{"0":"post-600507","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-continues"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/600507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=600507"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/600507\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/600508"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=600507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=600507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=600507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}