BTC Price Breaches $25.2K as Volatility Reaches 8-Month High
- Santiment tweeted their latest Market Insights report today.
- The insights stated that the market volatility seen over the last 30 days is at an 8-month high.
- BTC’s price was able to break above the $25.2k level over the last 24 hours.
The blockchain intelligence firm, Santiment, shared their latest Market Insights in a tweet today. This comes after the terrific start to the new year by the majority of crypto prices, which resulted in several price breakouts in January 2023.
Insights stated that the last 30 days have easily been the biggest 30-day stretch in volatility since prices began to tumble in June 2022. This volatility is evident in the price movements of the crypto market leader, Bitcoin (BTC), over the last 30 days.
According to the insights, BTC’s price gained more than 12% in the past 30 days and received a further boost from the post-Valentine’s Day surge which propelled prices marketwide to their highest levels in 8 months, which is the last time that BTC’s price was above $25.2K. At press time, BTC’s price is trading below the psychological $24k level at $23,752.32 according to CoinMarketCap. This comes after BTC’s price printed a…
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