Bitcoin’s trading volume has seen a significant increase, hinting at renewed interest in the market. This spike in volume suggests the potential for price movements in Bitcoin. Institutional investors have played a key role in boosting confidence in the market, with many making substantial investments in altcoins.
Ethereum has surpassed the $3,000 mark once again, showing signs of buyer confidence. However, the major resistance level at 200 EMA poses a challenge for further price gains. Despite this, Ethereum’s market sentiment is improving, fueled by increased Bitcoin volume and institutional interest in altcoins.
Toncoin whales have been actively buying up the asset, indicating optimism for its future. The increase in whale activity has led to fluctuations in TON’s transaction volume, with investors buying more tokens during price drops. The price of Toncoin has demonstrated resilience, bouncing back from recent lows and holding above key support levels.
Overall, the crypto market is experiencing positive momentum, driven by increased institutional interest and whale activity in various cryptocurrencies.