On the night of Friday, December 24, the Bitcoin (BTC) rate exceeded $51,000 for the first time in two weeks. However, this afternoonthe cryptocurrency retreated, and at the time of the publication of this review, it was trading at around $ 50,900.
It is still difficult to say whether the so-called “Santa Claus Rally” has begun. Pressure could intensify at any moment in the spot market and trigger a new pullback.
In the meantime, altcoins have strengthened along with BTC.Ethereum (ETH) and Binance Coin (BNB) surged 3% to $ 4091 and $ 545, respectively. Explosive growth was shown by the Terra token (LUNA), which shot almost 14% to $ 98.9.
Market capitalization during Asian trading increased to $ 2.375 trillion.
The change in trend in the cryptosphere was the result ofimproving the situation on the American stock market. The S&P 500 index closed in positive territory yesterday amid increased interest in shares of technology companies.
Asia has supported American investors.
Baird analyst Ross Mayfield pins growthdigital currencies to a surge of interest in the US stock market, with which Bitcoin correlates. If the strengthening continues today, BTC will face strong resistance around $53,000 — $55,000.
Bloomberg strategists doubt that the first cryptocurrency will be able to break above these values in the current cycle.
Note that since the beginning of 2021, the value of BTC has increased by about 76%. In November, the coin was close to $ 69,000, but then began to lose ground.
Where is it more profitable to buy cryptocurrency? TOP-5 exchanges
For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.
The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.
Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?
Rating of cryptocurrency exchanges:
| # | Exchange: | Website: | Rating: |
|---|---|---|---|
| 1 | Binance (Editor's Choice) | https://binance.com | 9.7 |
| 2 | Huobi | https://huobi.com | 7.4 |
| 3 | Exmo | https://exmo.me | 6.9 |
| 4 | OKEx | https://okex.com | 6.5 |
| 5 | Bybit | https://bybit.com | 6.3 |
The criteria by which the rating is set in our rating of crypto-exchanges:
- Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
- Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
- Additional features and services— futures, options, staking, NFT marketplace.
- Feedback and support– we analyze user reviews and the quality of technical support.
- Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
- final grade– the average number of points for all indicators determines the place in the ranking.
Read this:
For the first time in history, the price of bitcoin reaches $ 50,000
Bitcoin price hits $ 50,000, indicators are bullish
Why did bitcoin's price hit a three-month high?
Bitcoin price hits $ 35,000 setting all-time high
Whales continue to accumulate bitcoin amid market drawdown
When to Buy Bitcoin: Has BTC Price Bottom Already or Not?