$1 Billion Buying Pressure on BTC, ETH, BNB: CryptoQuant CEO
Bitcoin Ethereum $1 Billion Buying Pressure on BTC, ETH, BNB: CryptoQuant CEO 2 minuto ang nakalipas Balita ng Ethereum ng Bitcoin CryptoQuants CEO tweeted that there is currently $1 billion in buy pressure in the market. Binance announced that it will convert the last of its Industry Recovery Initiative into native cryptos. BTC, BNB, and ETH have all experienced price increases in the last 24 hours. The CEO and co-founder of CryptoQuant, Ki Young Ju (@ki_young_ju), tweeted this morning that there will be $1 billion worth of buying pressure on Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB). In his post, the CEO included a tiririt by Binance, the leading crypto exchange in daily trading volume, wherein the exchange platform shared that it will convert the remaining of the $1 billion Industry Recovery Initiative funds from BUSD to native cryptos including BTC, BNB, and ETH. CoinMarketCap shows that the total crypto market cap has reclaimed the $1 trillion market and stands at $1.03 trillion at press time. This is after a 24-hour increase of 7.31%. The price of the crypto market leader has risen 9.14% over the last 24 hours. This 24-hour rise in BTC‘s price has elevated the crypto’s price to $22,468.86. Furthermore, the weekly performance for BTC has