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Price analysis 2/24: BTC, ETH, BNB, DOT, ADA, XRP, LTC, LINK, BCH, XLM

Published 02/24/2021, 03:14 PM
Updated 02/24/2021, 05:00 PM
Price analysis 2/24: BTC, ETH, BNB, DOT, ADA, XRP, LTC, LINK, BCH, XLM

Institutional investors continue to pour money into the crypto sector even with the current dip below $45,000. On Feb.24, business intelligence firm MicroStrategy announced that it had recently purchased over $1 billion worth of Bitcoin (BTC) at an average rate of $52,765 per coin. This takes the company’s total holding to 90,531 Bitcoin.

Another company that bought Bitcoin during the current market correction is Square. The company said it had acquired roughly “3,318 Bitcoin at an aggregate purchase price of $170 million.”

Daily cryptocurrency market performance. Source: Coin360
BTC/USDT daily chart. Source: TradingView
ETH/USDT daily chart. Source: TradingView
Cointelegraph Markets Pro - VORTECS™ Score (green) vs. BNB price
BNB/USDT daily chart. Source: TradingView
Cointelegraph Markets Pro - VORTECS™ Score (green) vs. DOT price
DOT/USDT daily chart. Source: TradingView
ADA/USDT daily chart. Source: TradingView
XRP/USDT daily chart. Source: TradingView
LTC/USDT daily chart. Source: TradingView
LINK/USDT daily chart. Source: TradingView
BCH/USD daily chart. Source: TradingView
XLM/USDT daily chart. Source: TradingView

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