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This level of calm can make everyone nervous. Bitcoin spent the day nearby, without losing much nowhere. Binance Coin now sells for more than $ 9, reinforcing its position as one of the top 10 crypto's. NEO gained 2%, placing it over $ 8 in the world charts. Litecoin and Ethereum maintain their ranges.
The planned carnage at Bitcoin SV-land did not take place. Again. But there has been a steady increase in volume, as seen here:
Regular increase in the volume of BSV. | Source: CoinMarketCap
As for Bitcoin SV, many people on Coinbase had been waiting so long to get their chips that they probably had not missed it when it was a Valentine's Day gift. As such, it is just as logical for them to adopt a "keep and see" approach as any and all.
BCH / BSV is an interesting market to watch and play. It would be interesting to see how many BSV volumes are now sold in BCH by those on the ABC side of the philosophical fork. Yet, there seems to be only one market of this type, without activity. This is because both BCH and BSV are treated as altcoins rather than as base pair pieces.
Bitcoin price remains strangely calm
The gap between Bitfinex and Coinbase is today less than 100 dollars. Coinbase calls it $ 3,566 to $ 3,569 at the time of going to press.
The only thing noticeable about BTC's 24-hour period is that it has seen a slight rise in intraday trading.
Not much to see here. The 24-hour maximum was $ 3,700 in Bitfinex and more than $ 3,610 in Coinbase. We believe that Coinbase's prices are more realistic given their large customer base.
Do not let calm reach you. Nobody knows in which way it will break next time. All we can say is: go with your guts. If you feel like it's a "dive", buy it. If not, wait and see.
Ethereum Target Price $ 125
Ethereum would look much badier at $ 125 or $ 150, but it struggles each time it gets closer to $ 123.
Ether would be badier at $ 125 or $ 150.
At press time, Coinbase had it for $ 120.15. Remember the 1,000 days of Ethereum, it's really time to buy, buy, buy. But again, the other week we had the opportunity to buy at $ 105. It's your life, trader.
Binance money recovery
Binance Coin realized a gain of nearly 5% over the 24-hour period, surpbading $ 9 million for a volume of $ 84 million. We wonder if the increased demand comes from Voyager, which has just been launched this week and probably has a strong need for user fee reductions with BNB.
The NBB rose 5% while Binance was not, for once, the most active market in the world.
BNB's request is solely based on the utility of Binance itself. That said, it is interesting to note that for the first time in a long time, Binance was not the number 1 in volume over this 24-hour period. The "adjusted" volume, which explains some of the factors known to CoinMarketCap.
In any case, the exchange containing the most used crown in the last 24 hours is ZB.com. They realized the bulk of their volume in QTUM, while Binance mainly made Bitcoin.
What an interesting paradigm has been created. ZB describes itself as:
"[A]n an international top-level domain that has been invested by a well-known company that is legal and secure. ZB.com provides a trading service for blockchain badets such as Bitcoin, Ethereum and Litecoin to customers around the world. It uses multiple security technologies, such as distributed server clustering, distributed storage, and hot and cold portfolio separation, to ensure the security of the customer's badets. We focus our efforts on providing a safe, convenient and comfortable blockchain badet trading service to customers worldwide. "
Despite this, he is not well known to investors in crypto. We will see how long he will have this title or if Binance will resume his throne.
Featured image of Shutterstock
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