Huge Spike in BTC Whale Wallets; KPMG (Canada) Purchases NFT
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On Tuesday morning (Asian trading hours), the world awoke to a huge crypto market rally. As of the time of writing, BTC has surged by nearly 15% within the past 24 hours to trade above the $43,000 level. Crucially, if BTC closes above the key $42,000 level, the number one cryptocurrency by market cap will likely break its bearish trend. In a similar vein, ETH has rallied by about 12% within the past 24 hours to trade above the $2,900 mark. If ETH closes above the key $2,840 level (with BTC also holding the $42,000 level), this may signal a new bull trend, at least in the near-term.