April 11 BTCUSD BingX Chart Analysis and Today's Headline

2023년 4월 12일

Over the last 24 hours, Bitcoin has experienced a 4.46% increase, reaching an intraday high of 229,747.01. Bitcoin (BTC) was back above 229,000 to start the week, as market sentiment shifted towards the bulls following the Easter break. The gradually upsloping 20-day EMA and the RSI in the positive territory indicate advantage to the buyers. If the BTC/USDT pair surpasses 330,000, it could rise to 332,000.

Today’s Cryptocurrency Headline

Tether Generated Over 700 Million in Profits in Q1

Tether's Chief Technology Officer Paolo Ardoino said on Twitter today that the company's profit for the first quarter of this year has exceeded 700 million. Previously on March 24th, Paolo Ardoino had predicted that the excess reserves for the quarter would increase by 700 million, bringing Tether's total excess reserves to $1.66 billion. This would mark the first time Tether's excess reserves have surpassed the 1 billion threshold.

Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.