Market Wrap: Bitcoin Breaks $34K as Ether Futures Interest Jumps $350M in a Day

[Nostoman]

Higher-than-average spot volume, even for the past month, is helping push bitcoin’s price upward at a time when traders are plowing into ether futures at a quick pace to open 2021.



Bitcoin’s price made gains Tuesday after a four-hour sell-off was reversed around 06:00 UTC (1 a.m. ET). That led to a steady climb to as high as $34,220 as of press time.

Read More: Bitcoin Bounces Back Above $31K After Monday’s Drop

Source: Bitcoin Breaks $34K as Ether Futures Interest Jumps $350M in a Day

Express your opinion

[Callisto]

Bitcoin certainly knows how to surprise, 34,000 dollars seems to me not the limit yet, because the hype around it was just going to be fooled. Bloggers are already connecting to his hype.

[Expert]

Bitcoin currently exceeds $37k. Some traders hold Bitcoin. Again some traders are trading bitcoin. It is possible to make a profit by trading Bitcoin. However, if the amount of bitcoin is more, then you can benefit.

[Sammy9ce]

Higher-than-average spot volume, even for the past month, is helping push bitcoin’s price upward at a time when traders are plowing into ether futures at a quick pace to open 2021.



Bitcoin’s price made gains Tuesday after a four-hour sell-off was reversed around 06:00 UTC (1 a.m. ET). That led to a steady climb to as high as $34,220 as of press time.

Read More: Bitcoin Bounces Back Above $31K After Monday’s Drop

Source: Bitcoin Breaks $34K as Ether Futures Interest Jumps $350M in a Day

Express your opinion

I've been seeing post on btc price all day, btc is really the talk of the season, it currently breaks $38k

[saprakib]

Bitcoin certainly knows how to surprise, 34,000 dollars seems to me not the limit yet, because the hype around it was just going to be fooled. Bloggers are already connecting to his hype.

Do you think everything going on hype never .Btc is the real coin which has a great potentiality with a strong ecosystem .It can make us surprise always to climb up price to price .However i think it is still the price is on normal value it will getting more popular and investor are coming into invest on this valuable coin/

[atjiat]

At least 2020 and 2021 have had the most stable market performance ever and therefore need to be serious about future prospects, despite the fact that these numbers are very difficult to believe.

[Tnoy30]

Bitcoin prices are rising uncontrollably. Bitcoin prices have risen the most in the last few days. Bitcoin prices in Burdwan are on the rise. Bitcoin is much better now. Traders in the market are benefiting.

[Abubakar56]

Currently bitcoin have broken $40k.

[Riya143]

The price of Bitcoin in the market has been slightly lower for the last two days. However, it is expected to increase very soon. Everyone in the market is benefiting by trading. Currently, the price of Bitcoin has increased the most. Bitcoin will be in a good position very soon.

[Arkann]

The price of Bitcoin in the market has been slightly lower for the last two days. However, it is expected to increase very soon. Everyone in the market is benefiting by trading. Currently, the price of Bitcoin has increased the most. Bitcoin will be in a good position very soon.

Recently, Bitcoin has shown yet another maximum to the level of 38,000 dollars and today it is dropping again to 34,000 dollars. At least this is a small correction that was highly anticipated. This happens all the time when Bitcoin goes up.