‘Why is crypto, Bitcoin up today?’: Traders see major breakout amid rate cut hopes
Cryptocurrency traders on Tuesday (January 13) saw a massive breakout on the charts, with prices of all major currencies, including Bitcoin, giving a rally.
Bitcoin, one of the most widely traded cryptocurrencies, saw a 5.03% gain on daily trade, as of Tuesday afternoon. Ethereum, meanwhile, saw a 7.52% jump in daily trade. XRP is trading at over 6% from the opening prices. BNB, Solana, and even Dogecoin showed between 5-10% jump.
The rally sparked reactions online with traders and investors wondering what is happening crypto prices.
“WHAT THE F*CK IS GOING ON WITH BITCOIN???” one user wrote.
“The crypto market is warming up, buckle up ,BE SAFE, we’re so back!” wrote another.
