Bitcoin achieves $109K ATH while Monsta Mash attracts investors
2025-01-20
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Bitcoin, the oldest cryptocurrency of the market, has continued to prove its relevance, when writing it was trading at $107,272 adding 2.53 percent in the past 24 hours. It is worth noting that BTC has acquired a fresh all-time high of $109,114.88. 
As per market experts, the primary reason behind the sudden momentum in the trading prices of Bitcoin has been fueled by the 2nd term of Trump as the president of the United States, and the approval and launch of other products such as exchange-traded funds (ETFs) and Exchange Traded Products (ETPs). 
According to the on-chain data, BTC/USDT remains the most traded pair of Bitcoin followed by BTC/FDUSD on Binance, worth noting that the volume of BTC saw a huge surge on decentralized exchanges compared to decentralized exchanges and ecosystems. 
Yet a few other reasons behind the surge are the positive attitude towards Bitcoin and its concerning laws have also helped it to gain huge traction and momentum.BTC’s market cap and trading volume support price surge 
Until publishing, the market capitalization of Bitcoin was at $2.14 trillion with an intraday addition of $131.76 billion, helping to surpass its 20, 50, 100, and 200-day exponential moving average. 
According to data from TradingView, the market capitalization of Bitcoin saw an unprecedented growth of 14.20 percent in the weekly time frame, and a massive addition of 31 percent has been observed in the past three months. 
Not only has BTC’s price and market capitalization but also its trading volume and market dominance have continued to grow over time, and when compelling it was dominating 58.80 percent of the wider crypto market. 
Data available on TradingView states that the market dominance of Bitcoin has surged 6.17 percent in the past six months and a growth of 14.91 percent has been observed in the 52-week time frame. 
The press time market dominance of Bitcoin was above 20, 50, 100, and 200 days exponential moving average. Monsta Mash ($MASH) joins Bitcoin and Aave in the spotlight
Following Donald Trump’s historic victory, market sentiment has shifted positively, fueling growth in cryptocurrency prices, trading volume, and overall market capitalization. At the time of writing, the crypto market’s capitalization stood at $3.75 trillion, reflecting a 4.55% increase.
Market sentiment has notably shifted since early 2024, with a significant boost observed following the announcement of the U.S. election date. During this period, several crypto tokens and coins have experienced increased adoption, surging popularity, and rising trading volumes.
Aave prices saw an appreciable maturation in the past 52 weeks when writing it was trading at $345.49 with a surge of 256.39 percent and in the past seven days, it grew roughly 30 percent surpassing its 20, 50, 100, and 200 days exponential moving average. 
The wider adoption of blockchain technology has sparked curiosity among Web3 enthusiasts, driving interest in innovative GameFi projects that merge immersive gameplay with real-world rewards. 
With its launch, Monsta Mash taps into this growing trend, offering a dynamic blend of high-intensity Play-to-Earn (P2E) and Tap-to-Earn (T2E) experiences. By leveraging the potential of blockchain, Monsta Mash not only engages players with thrilling adventures but also introduces opportunities to earn and interact with digital assets in meaningful ways.
As of now, a user can secure $MASH for $0.00365; however, after the completion of phase 3 and the beginning of phase 4, the token will be priced at $0.00671. 
According to the available data the debut of Monsta Mash has sparked curiosity among investors, and till writing the project has gathered $916,838 in funds for different investors worldwide. 
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