Bitcoin: $30 Billion Crypto Market Inflow
Bitcoin jumps $1000 adding $19.5B market cap as $30B flows into crypto in 30 minutes, Ethereum gains $42 and $26M shorts liquidated.
SourceAnalysis
Bitcoin surged $1000 to lift its market cap by $19.5 billion while Ethereum climbed $42 for a $5 billion gain, driving a $30 billion crypto market expansion in just 30 minutes with $26 million in shorts liquidated.
Price action on the 4h chart shows BTC holding a bullish structure above the EMA50 at $77237.18 and EMA200 at $77337.37 with the MACD golden cross at 86.89 confirming momentum; at the current $77438.38 level inside the Bollinger Bands, the next volatility exhaustion target sits at upper resistance $78415.11 while any pullback would likely find support at the 50-EMA confluence before continuation.
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