Podaci na lancu signaliziraju veliko povećanje cijene Bitcoina i Ethereuma

The crypto market continued the bullish momentum after the Američka federalna rezerva slowed the rate hike to 25 bps on Wednesday. Moreover, the Bank of England and the European Central Bank both announce a 50 bps rate hike today. Bitcoin price currently trades at $23,864, up over 3% in the last 24 hours. Meanwhile, Ethereum price soars over 6% in the last 24 hours, with the current price trading at $1,679.

The positive sentiment among traders continues as they await the crucial week to end. The US Dollar Index (DXY) se trenutno oporavlja sa ispod nivoa 101, uoči odluka o povećanju kamatnih stopa.

Bitcoin Whale Activity Jumps After US FOMC

According to Bitcoin Exchange Whale Ratio for All Exchanges (EMA 7) on-chain data, kit activity has increased in the last two weeks. The move came after bitcoin whale activity on crypto exchanges nearly reached a year low despite a recent BTC price rally in the last two weeks.

Bitcoin cijena
Bitcoin Exchange Whale Ratio – All Exchanges (EMA 7). Source: CryptoQuant

Furthermore, Bitcoin’s Coin Days Destroyed (CDD) was higher before the U.S. FOMC meeting on January 31 and February 1. However, the CDD data shows transactions had not yet flowed into crypto exchanges. Thus, it indicates whales are holding their Bitcoin.

Moreover, the Bitcoin Realized Price UTXO Age Bands metrics the estimated cost basis of the 3-6 month age cohort is around 20.4K. Thus, it will act as support in the case of the selling situation. Whereas, the cost base for the next cohort (6-12 months) is about $32,000.

Bitcoin cijena
Bitcoin Realized Price – UTXO Age Bands. Source: CryptoQuant

Takođe čitajte: Cijena Bitcoina drži 24 dolara dok trgovci prate ova tri ključna događaja

Ethereum Network Activity Rises

Ethereum has recorded some positive signs due to increased network activity. Also, a higher network activity generally makes the Ethereum price to rally. Moreover, the overall number of transactions on the Ethereum network has recovered to levels not seen since June 2021.

The contract calls have also reached new highs. However, Ethereum active addresses are yet to recover. Thus, the Ethereum price is overall bullish for an upside move.

Takođe čitajte: Bitcoin naspram američkog dolara: Koliko je jaka makro podrška za kripto reli

Varinder je tehnički pisac i urednik, tehnološki entuzijasta i analitički mislilac. Fasciniran disruptivnim tehnologijama, podijelio je svoje znanje o blokčejnu, kriptovalutama, umjetnoj inteligenciji i internetu stvari. Povezan je sa blockchain i industrijom kriptovaluta već duže vrijeme i trenutno pokriva sva najnovija ažuriranja i razvoj u kripto industriji.

Predstavljeni sadržaj može sadržavati lično mišljenje autora i podložan je tržišnim uslovima. Istražite tržište prije nego što investirate u kriptovalute. Autor ili publikacija ne snosi nikakvu odgovornost za vaš lični finansijski gubitak.

Source: https://coingape.com/on-chain-data-signals-massive-rally-in-bitcoin-and-ethereum-price/