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Markets in the green! Bitcoin and major cryptocurrencies are recovering on Jan. 25

Alex Coin
January 25, 2022
Reading Time: 5 mins read
0
What is Bitcoin?

Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.

Amid market an area or arena, online or offline, in which commercial dealings are conducted. instability, Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. and the main altcoins managed to recover part of the losses capitalized in recent days for the morning of January 25. However, the invitation is to be very careful and not to let our guard down as the conditions are not yet ripe for victory.

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***

After a tough few days for the cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. market, we finally open a price report reviewing good news for investors and enthusiasts of the main digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currencies, as Bitcoin ( BTC ) and the most reputable exponents of the sector open higher for the morning of January 25.

Bitcoin rallies to over USD $36,000 on January 25th

But let’s start this report by examining the evolution seen in the price of Bitcoin, as at this hour the leading cryptocurrency is trading at about USD $46,659 per unit and capitalizes gains gains refer to an increase in value or profit. of 9.56% in the last 24 hours.

According to data published in our section CryptoMarkets , como tal el aumento visto este 25 de enero tuvo sus orígenes desde el mediodía del día de ayer, ya que entre las 11:00am y las 4:00pm (hora Nueva York) Bitcoin registró un incremento acompañado de un repunte destacable en el volumen de operaciones comerciales, recuperando más de USD $3.500 de su cotización en apenas unas cinco horas. Desde entonces el precio se ha mantenido sobre los USD $36.000 hasta el momento de edición.

Bitcoin price evolution this January 25th
Bitcoin price evolution this January 25th

Markets in green!

Hand in hand with the increase capitalized by Bitcoin between January 24 and 25, major altcoins also capitalized gains as of press time, replicating the increase capitalized by the leading digital currency.

Such is the case of coins like Ethereum a decentralized open-source blockchain with smart contracts functionality. ( ETH ), Binance Coin a coin can refer to a cryptocurrency that can operate independently or to a single unit of such cryptocurrency. ( BNB ), Cardano ( ADA ), Solana ( SOL ), XRP , Terra ( LUNA ), Dogecoin ( DOGE ), Polkadot ( DOT ), Avalanche ( AVAX ), Shiba Inu ( SHIB ) and many others, which capitalize increases close refers to the closing price; similar to the same term used in stock trading. to and/or above 10% at this time.

Too soon to claim victory

Despite the good news for the morning of January 25, the market is still far from stabilizing and resuming a clear upward trend as many expect, so it is not ruled out the possibility that prices may go down again especially in light of the uncertainty that still exists in the economic sector.

Let’s remember that one of the main reasons why the price of Bitcoin and the main cryptocurrencies has been falling is the possibility that the US Federal Reserve (FED) sooner rather than later to raise bank interest rates, which since 2020 have been kept near zero as a support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. measure for the pandemic of COVID-19. In addition to this, the possibility of a ETF an Exchange-traded Fund, an investment fund that users trade on exchanges and trading platforms. based on BTC The possibility of an armed conflict between Russia and Ukraine, which would involve Europe and the North American nation, is added to the geopolitical tensions.

As always, in the face of the uncertainty and euphoria of this surge capitalized by the major cryptocurrencies, we recommend readers to operate with great caution and to implement measures to avoid adverse outcomes.

Winning and losing cryptocurrencies this January 25th

Finally, here is a look at the currencies with the sharpest fluctuations on January 25:

???? Winning Cryptocurrencies:$LRC Loopring 27,22% (USD $0,93)$FTM Fantom 19,96% (USD $2,33)$CRV Curve DAO decentralized autonomous organization, system of rules that define how a decentralized organization should operate and which actions it should take. Token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. 19,04% (USD $2,92)$RUNE THORChain 18,01% (USD $3,95)$VET VeChain 17,34% (USD $0,05)

https://t.co/HsIx58BGZC

— Diario฿itcoin (@DiarioBitcoin) January 25, 2022

???? Losing Cryptocurrencies:$LEO UNUS SED LEO -5,18% (USD $3,4)$ALT Alitas -1,09% (USD $20,44)
$TONCOIN Toncoin -0,63% (USD $2,27)$UST TerraUSD -0,03% (USD $1)

https://t.co/HsIx58BGZC

— Diario฿itcoin (@DiarioBitcoin) January 25, 2022

To buy cryptocurrencies through DiarioBitcoin

We understand that this is a complex and especially sensitive time in the cryptocurrency market, but if you are one of the people who see opportunities with the current prices, we remind you that our section CryptoMarkets buttons are now available for you to buy your favorite digital currencies.

If you wish to purchase Bitcoin ( BTC ), prefer to buy Ethereum ( ETH ) or want to get someTether ( USDT ), all you have to do is access our website CryptoMarkets and click on the currency currency is a medium of exchange that defines value. of interest. In addition to viewing its price, performance and other market data, you will also find a buy button that will take you to a exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. reputable in which to do business.

Buy button to purchase cryptocurrencies
Buy button to purchase cryptocurrencies

We recommend everyone to be very attentive as this possibility will be added soon for a greater number of digital currencies.


Source: CryptoMarkets , CoinMarketCap

Reporte de Angel Di Matteo / DiarioBitcoin

Imagen de Unsplash

Tags: 25AltcoinsAnalysisbitcoincryptocurrenciesEneromarketpricessuben
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Alex Coin

Cryptoinvestor. I follow the world of cryptocurrencies. Looking for the most relevant and significant news for you :)

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