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The Most Weekly Valued Cryptocurrency Market Hits

Published by Aeon Flux on February 22, 2021
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Over the course of the week of February 14–21, 2021 and according to criptonoticias, the market is mostly bullish, largely driven by the growth of bitcoin. The price of more than 90% of the altcoins registered advances that exceed 140%.The most appreciated cryptocurrencies in these seven days are headed by Stratis (STRAX), whose wrapped token can already be traded on the Ethereum testnet. They are followed by Dash (DASH), which made alliances with several companies throughout the week; and Polkadot (DOT), which is advancing the process of integrating its blockchain networks.The weekly hit closes with Lisk (LSK), which has an account update process underway; and NEM (XEM), which is moving forward with testing transactions for its Symbol blockchain.This week the price of Bitcoin broke the psychological barrier of $ 50,000. The cryptocurrency traded in ranges that moved between $ 46,500 and a high of $ 57,536, which it experienced on February 20. Average growth was 21.8% in seven days.After some corrections, the value of BTC rose significantly from February 16, to reach almost $ 55,000 per unit that same day. On February 19, the cryptocurrency reached a new important milestone in its bull cycle, surpassing 1 trillion dollars in market capitalization.For the next few days, the expectation is that the Bitcoin reaches $ 60,000, within that 3 expansive created in the weekly chart. However, there is already a strong correction conformation towards wave 4 between $ 54,184.41 and $ 47,070.09.Optimists will fight to maintain current price levels, but those who have missed many opportunities to buy cheap can simply take advantage of that next wave of correction.On the other hand, many attribute the breakout of $ 50,000 to the announcement that MicroStrategy, one of the companies leading the wave of institutional investment in bitcoin, will seek to raise another $…

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