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Bitcoin at $28K Creates Massive Buzz On Twitter - TheNewsCrypto

source-logo  thenewscrypto.com 29 May 2023 04:54, UTC
  • Bitcoin has garnered significant attention and interest from users on crypto Twitter.
  • The current price of BTC stands at $28,081.93.

Bitcoin (BTC), the world’s largest cryptocurrency, surpassed the $28k mark early Monday morning. And also Bitcoin has taken center stage as the most intriguing subject on crypto Twitter, capturing the attention and interest of users.

As reported by CoinMarketCap, the current price of BTC stands at $28,081.93, accompanied by a 24-hour trading volume of $15,635,133,639. In the last 24 hours, BTC has experienced a 3% surge.

BTC price chart (source: TradingView)

Recent reports suggest that the Bitcoin network activity has seen a recovery, propelled by heightened interest in transactions and an expanding community of holders. The rise in network activity can be attributed in large part to the growing popularity of Bitcoin Inscriptions.

Dune Analytics‘ data reveals an impressive surge of 200,000 daily inscriptions over the past few days. Looking at the trading movements in the crypto market, Bitcoin’s RSI stands at 56.48, indicating that BTC is currently in a neutral state without being overbought or oversold.

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thenewscrypto.com