Bitcoin Jumped Above $45K

The price of Bitcoin continued its recovery and on Tuesday, February 8, it crossed the $45,000 mark. At the time of writing, the first cryptocurrency was trading in the region of $45,200.

The uptrend may continue, but the RSI indicator on the four-hour chart indicates a strong overbought, so a rate correction may take place soon.

According to CoinGecko, over the past 24 hours, the first cryptocurrency has risen in price by 5.7%, in 7 days – by 17.5%.

Among the Top-10, XRP showed the largest growth per day – 22.2%. At the time of writing, the total market capitalization was $2.16 trillion, the BTC dominance index was 39.7%.

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