NewsPrice Analysis

BitTorrent Massive Rally! BTT Price Hits a Fresh ATH

Author: Sohrab Khawas

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    Story Highlights
    • BitTorrent coin records a new 24 hours high hitting more than 150%.

    • The market capitalization surged to more than $16 billion.

    At present we can see that Strong institutional demand has fueled Bitcoin and many altcoins to hit new all-time highs. Today BitTorrent price steadily surged, becomes the highest gainer among the top 100 crypto markets.

    Many altcoins rallied over 20%, including BTT, LUNA, XVS, DGB, EGLD, RUNE, AVAX, and TRX. Out of these, BTT Price surged over 200 %.

    Despite massive surge, there hasn’t been any buzz  regarding the BTT pump. Thus it becomes quite obvious that the rise may be triggered potentially by the private traders and yet to announce publicly across the globe and social media platforms. 

    BTT Price Hits All-Time-High

    BitTorrent traded at a price of $0.0003 over the past week. Interestingly, the coin’s value reached a new height in the past 24 hours. Drastically, the coin recorded a new intra day high of $0.0011 on Monday. The market capitalization hit a new high by hitting more than $16 billion.

    BTT price was hovering between $0.0002 and $0.0004 before the massive rise. The token surged more than 200 percent within a day and reached the $0.0012 mark. 

    At press time, BitTorrent price is $0.001712 USD with a 24-hour trading volume of $2,933,683,492 USD. BTT is up 226.87% in the last 24 hours. The current CoinMarketCap ranking is #39, with a market cap of $1,694,483,631 USD.

     Technical Indicators

    • The relative strength index is consistently at a higher price and indicates the bull’s rally.
    • The current resistance level is formed at $0.0015.
    • The major support levels are $0.0011 and $0.0009.

    However, The main reason for the surge might be the whale’s acquaintances. According to a crypto analyst whale alert, 89,99,00,000 BTT have been transferred to Binance from an unknown wallet.

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