ISLAMABAD: The crypto currency market turned positive on Tuesday, with the market cap gaining 1.1 percent to reach $1.12 trillion. As of 1215 hours GMT, Bitcoin (BTC), the world’s valued token, surged to $26,872 with an increase of 1.7 percent in the last 24 hours. The market capitalisation of the biggest crypto has reached $521.5 billion with this increase. Bitcoin has been 2.9 percent up in the past seven days. Over the past 24 hours, Bitcoin has remained above the $26,600 level, suggesting a consolidation phase. The price experienced a surge, surpassing $27,000 and reaching a peak of approximately $27,184. However, a correction took place as the bullish momentum weakened slightly. The immediate resistance level for Bitcoin is $27,200, while the support level is situated at $26,700.” TLTP
