Bitcoin Recovers Near $44,000, Markets Remain Cautious, Here's Why

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ICYMI: Bitcoin reached intraday highs of $44,180 BTC $BTC

data, Bitcoin and other cryptocurrencies advanced on Tuesday, reversing an earlier pullback. Bitcoin reached intraday highs of $44,180 on Feb. 15, Ethereum surpassed the $3,000 barrier and altcoins gained between 3% and 10%. Stocks rose as well, owing in part to lower Treasury bond yields.fell on Tuesday morning with investors reconsidering safe-haven assets as geopolitical tensions between Russia and Ukraine mount.

After falling from highs of $45,855 on Feb. 10, Bitcoin found support at $41,570. As per CoinMarketCap, BTC is currently trading at $43,930, up 4.44% in the previous 24 hours.suggests that the markets remain cautious as the volume of Bitcoin Perpetual Swaps is still around 70% lower than what it was in 2021.

 

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Cryptocurrency trading higher across the board, Bitcoin above $44,000Cryptocurrency was edging higher overnight and into Tuesday morning as Bitcoin broke through the $44,000 plateau despite investor concern over Russia and Ukraine. bitcoin A few hours ago I thought 43k was possible, but seeing the price tanking to 45k area, now I think 48k is a more likely target. rawkz_t has been very helpful as I have added massively to my holdings through her tips and post, it has been wonderful Follow her!! Do we have Canadians to thank for this? Bitcoin should hold this level around $42K to avoid a market-wide deeper correction. If it holds, 50k seems next. I’ve been following & taking btcanne_ tweets and every single tips seriously I’ve been doing superb Follow her!
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