From Nasdaq.:

Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, saw gains in price on Thursday evening as a result of strong demand from US investors. Bitcoin was trading at its highest premium in 9 months on the US-based crypto exchange Coinbase, with a peak reading on the “Coinbase Premium Index.” The global cryptocurrency market cap now stands at $1.94 trillion, showing a 3.61% increase in the past 24 hours.

In Wednesday’s trading session, stocks made a recovery as the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all showed gains. Cryptocurrency analyst Michael Van de Poppe offered a tip for people feeling the rush to enter Bitcoin or the markets, suggesting to avoid listening to emotions and use any 20-30% corrections as an opportunity.

Pseudonymous crypto trader Rekt Capital commented on Bitcoin’s rally and the possibility of a pullback, while Gart van Lagen analyzed historical patterns to draw conclusions about Bitcoin’s price movement. On-chain analyst Ali Martinez issued a warning for BTC, noting that the TD Sequential indicator presents a sell signal on Bitcoin’s daily chart, anticipating a one to four daily candlesticks correction.



Read more: Bitcoin, Ethereum, Dogecoin Surge Amid Heightened US Demand For Apex Crypto: Analyst Highlights ‘Sell Signal’ On BTC Daily Chart