24 Hour 7 Day Coin Price Yield Bitcoin BTC / USD Price 2.9% -5.3% $ 39,289.74 Ethereum ETH / USD 2.5% -6.1% $ 2,890.95 Dogecoin DOGE / USD 2.8 % 0.14% 0.03% to 0.03% $ CoinMarketCap) Cryptocurrency 24 hour% Change (+/-) Price Secret (SCRT) + 16.5% $ 4.80 STEPN (GMT) + 15.3% $ 3, 80 Convex Finance (CVX) + 12.3% $ 27.48 See also: How to get free NFT Why it matters: On Wednesday, President Faustin Archange Touadera of the Central African Republic ratified a law that officially makes Bitcoin legal tender in the country, according to a Washington Post report. The National Assembly of the African Nation passed a bill to that effect earlier this week. The main currencies are trading in the green as the shares tried to rise on Wednesday. Both the S&P 500 and the Nasdaq futures rose 0.6% and 1.1%, respectively, at press time. Stock investors were optimistic about strong gains from a number of technology names, and inflation seems to have extended to cryptocurrencies. Edward Moya, senior market analyst at OANDA, said the Bitcoin recovery was somewhat silent and below the $ 40,000 level as the dollar continued to gain strength. “If the appetite for risk remains strong on Wall Street, Bitcoin could continue to rise if profits continue to impress, but shortly after Thursday’s high-tech gains, markets may enter a trading range until “FOMC decision next week,” Moya wrote. note that Benzinga saw. Cryptocurrency trader Justin Bennett wrote on Twitter that “the chances of Bitcoin decoupling from stocks during times of risk are slim to none.” “I do not think it will ever happen, nor did it have a purpose. “And the arguments for digital gold do not make sense, as even gold suffers in times of fear,” said Bennett.
The chances of Bitcoin decoupling from stocks during risk periods are slim to none. I do not think it will ever happen, nor did it have a purpose. And the arguments for digital gold do not make sense, as even gold suffers in times of fear. – Justin Bennett (@JustinBennettFX) April 27, 2022 Meanwhile, the number of Bitcoin addresses has been rising since the start of the Russia-Ukraine war, according to a Santiment tweet. “Since then, there are 1,629 addresses of sharks and whales with 10 to 100,000 who are either new or have returned to this millionaire status (or more),” the market data platform said.
The number of #Bitcoin addresses has been growing since the start of the #Russian-Ukraine War. Since then, there are 1,629 addresses of sharks and whales with 10 to 100,000 who are either new or have returned to this millionaire status (or above). pic.twitter.com/9Ts70gdfHJ – Santiment (@santimentfeed) April 27, 2022 Read more: Jared Leto Support Coupons Increase Even When Bitcoin, Ethereum, Dogecoin Drop
