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Bitcoin Breaks Through Resistance and Hits $23,415. ETH is now at $1,683.23

Yuuma Nakamura by Yuuma Nakamura
December 25, 2023
in Bitcoin
0

FintechZoom > Cryptocurrencies > Bitcoin > Bitcoin Breaks Through Resistance and Hits $23,415. ETH is now at $1,683.23

Bitcoin price today is $23,449.79, a change of -0.18% over the past 24 hours as of 4:00 p.m. [1] This is a change of -0.37% from yesterday [2], and down from 37101.35 one year ago [3]. Last month, the Index booked its third-highest monthly gains since May 2020, while Bitcoin itself saw its price rise by 39.4% [3]. Bitcoin is a digital currency that is highly volatile and has experienced rapid growth over the past decade [1].

Bitcoin transactions are recorded on a public, distributed ledger known as a blockchain, and miners earn fees for verifying transactions [1]. Every single bitcoin transaction that takes place has to be permanently committed to the blockchain through mining [1].

References:

[1] Bitcoin Price | BTC Price Index and Live Chart – CoinDesk

[2] Bitcoin Price – YCharts

[3] Nasdaq Crypto Index rose 37.2% in January – CryptoSlate

Bitcoin Price is still fighting to 23k resistance level. It’s now on $23,415.

Bitcoin (BTC) has surged above the $23,000 resistance level and is currently trading at around $23,415 [1], reflecting a 50% increase from its 21 November lows [2]. Bulls seem to be in control of the crypto market, as bitcoin has been able to sustain the upside momentum and could move even higher towards the $23,000 resistance level [3].

References:

[1] Why did Bitcoin price go down today? BTC traders brace for …

[2] Why Bitcoin Price Breaking Resistance at $23k and $25k …

[3] Bitcoin Price Smashes Resistance, Why $23K Could Be Next

Bitcoin Price is still fighting to 23k resistance level. It's now on $23,415 | FintechZoom
Bitcoin Price is still fighting to 23k resistance level. It’s now on $23,415 | FintechZoom

Ethereum price is now at $1,683.23

The Ethereum price is now at $1,683.23, a change of -0.35% over the past 24 hours as of 4:00 p.m. [1] Ethereum is classified as a Smart Contract Platform under CoinDesks Digital Asset Classification Standard (DACS).

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[2] Ethereum is a decentralized platform that provides smart contracts, decentralized applications, and decentralized governance. [3] The total number of ETH coins in circulation is 115,743,667, with a 24-hour trading volume of $7.38 billion. Ethereum is currently -1.34% from its 7-day high of US$1,688.08.

References:

[1] Ethereum Price | ETH Price Index and Live Chart- CoinDesk

[2] ($1,677.80) Ethereum Price – ETH Price Index & Real-time …

[3] Ethereum Price | ETH Price, USD converter, Charts – Crypto.com

Ethereum price is now at $1,683.23 | FintechZoom
Ethereum price is now at $1,683.23 | FintechZoom
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Bitcoin Price Today: is now at $24,664.4 (+1.41%) and trying to break the $25K resistance level.

Yuuma Nakamura

Yuuma Nakamura

Yuuma Nakamura is a staff writer covering crypto, blockchain, metaverse, tokens, stablecoins, bitcoin, ethereum and other crypto technology for FintechZoom. In addition to his previous experience, Yuuma also participated in the prestigious "Blockchain and Money" course offered by the Massachusetts Institute of Technology (MIT) in 2022. This rigorous course provided him with a deeper understanding of blockchain technology and its applications in the financial sector. Contact: [email protected]

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