Key control
Since the beginning of September, Bitcoin has recovered in almost 7%. Thursday’s macroeconomic news stimulated Bitcoin and the main Altcoins such as Ethereum and Solana, while also helped cryptography.
Many cryptographic actions saw considerable profits on Thursday, September 11. In fact, the existence related to cryptography such as Galaxy Digital (GLXY), Circle Internet (CRCL) and Bitfarms (BitF) observed percentage earnings of two digits in the day.
Why are individual stocks?
These profits arrived after Bitcoin [BTC] It rose to $ 115.5K, a level at which it was last negotiated in the last week of August. Galaxy Digital added 10.7% at the end of the negotiation day after 920k Solana withdraw [SOL] Vale $ 205 million binance.
The firm is also in the news now after leading the increase in the Solana Treasury of $ 1.65 billion industries. This could be a sign of a greater institutional investment. As expected, Sol responded reached the price lists, with their movement beyond $ 230 reinforcing their market confidence in the short term.
Bit Farms could benefit from the works of data that are recently favored in Wall Street. Bitfarms is trying to expand in high -end computing, naming the former executive at Amazon Web Services Wayne Duso to his board last month.
Source: Circle Internet (CRCL) in TrainingView
The 4 -hour table revealed that CRCL seemed to be about to overcome a local resistance at $ 133.7. The profits of the action did not follow any important news update, but a technical breakup beyond $ 134.75 would consolidate the short -term optimism seen among other cryptography actions.
On the other hand, Bitcoin Treasury companies such as Metaplenet recorded 8.5%losses, while the strategy (MSTR) saw very few changes in the price of their actions. Global Coinbase (COIN) increased 2.73%and could depend on Bitcoin’s price increase to rise even more.
Source: BTC/USDT in TrainingView
Finally, the cryptographic index of fear and greed was in 57, highlighting the greed in the market. The 4 -hour table highlighted the bullish impulse, with a walking pressure walk underlined by the findings of the incredible oscillator and the ascending A/D indicator.
On the contrary, the price table also showed a bearish structure for BTC. The high swing at $ 117.4k must recover to change the attentive structure. A movement beyond local resistance to $ 113.5K only represents a rally beyond a minor maximum, and may not be indicative of a structural change.
