BTC Breaking Out of Range, Coinbase Premium Suggests a Strong Bid from ETFs to Start the Week
Feb 26, 2024
Market Update Leading cryptoassets are experiencing a significant breakout this morning, with $BTC finally surpassing the $53k mark after roughly two weeks of consolidation between $50k and $52.5k. Despite a pullback in ETHBTC this morning, $ETH has continued its upward trajectory, reaching new YTD highs above $3.1k. $STX is also witnessing a notable rise, climbing nearly 10% today, aligning with its pattern of performing as high beta relative to BTC. Among other standout performers today are $NEAR, which has climbed back above $4, possibly buoyed by the market's enthusiasm for data availabil
