New all-time high celebrated with the cry: “Pay me in Bitcoin!”

Crypto at a glance

What do the Sacramento Kings, Southampton FC, MicroStrategy Board, TIME Magazine and Mad Money host Jim Cramer have in common?

They’re all part of this week’s most bullish trend – getting paid in Bitcoin.

Is this the beginning of a new wave of retail and institutional investment?

The drive to pay salaries in Bitcoin comes from the fact that the leading cryptocurrency continues to trade more than $ 60,000 this morning, hitting a brand new all-time high of more than $ 62,000.

The market cap has now been held above $ 1 trillion for more than 10 consecutive days.

This week’s upward move is brought to you thanks to a number of factors which likely include the upcoming Coinbase listing. It has been widely speculated that the direct listing of the US stock exchange tomorrow and the associated coverage in the mainstream press will encourage a number of newbies to put money into cryptocurrencies. Is this a turning point or a temporary surge?

It’s a similar story everywhere today as ether hits a new all-time high of $ 2,199.87 during trading hours in Asia. Exchange tokens, including Binance’s BNB, were another big climber, breaking its new all-time high on Monday and surpassing the $ 610 mark yesterday as it nears its 15th quarterly token burn. Currently, however, the BNB has dropped seven percent to $ 540 in the past 24 hours. XRP also continues to trade at a high level and is currently changing hands at around USD 1.60 – an increase of another 13 percent since yesterday morning.

All feedback on Crypto AM Daily in collaboration with Luno is welcome by email at

In the markets

The bitcoin economy

* *For definitions and findings, see

Total market capitalization for crypto

The total capitalization of the entire cryptocurrency market at the time of writing is currently $ 2,096,292,465,523, down slightly from $ 2,104,472,283,297 yesterday.

What Bitcoin did yesterday

We are closed yesterday, April 12th, 2021 at a price of $ 59,893.45 – from $ 60,204.96 the previous day.

Yesterday’s daily high was $ 61,253.04 and the daily low was $ 59,589.87.

Around this time last year, Bitcoin’s price closed the day at $ 6,971.09. In 2019, it closed at $ 5,089.54.

Bitcoin market capitalization

Bitcoin’s market capitalization at the time of writing is $ 1.136 trillionyesterday was $ 1.140 trillion. In this context, the market capitalization of gold is $ 10.949 trillion and Alphabet (Google) is $ 1.515 trillion.

Bitcoin volume

The total spot trading volume reported by all exchanges in the past 24 hours was $ 54,619,615,948from $ 46,266,680,404 yesterday. High volumes can indicate that a significant price move has stronger support and is more likely to last.


Bitcoin’s price volatility over the past 30 days is 45.7%.

Fear and greed index

The market sentiment remains in greed 74.

Bitcoin’s dominance of the market

Bitcoin’s market dominance is today 55.73. The lowest dominance ever recorded was 9/37 on January 8, 2018.

Relative Strength Index (RSI)

The daily RSI is current 63.03. Values ​​of 70 or higher indicate that an asset is being overbought and may be prepared for a trend reversal or price correction. An RSI of 30 or less indicates an oversold or undervalued condition.

Convince your Nan: Soundbite of the day

“I think it’s a value store. I think this is a $ 2 trillion market cap that may rise to $ 3 trillion. “

Jim Cramer, host of CNBC’s Mad Money

What they said yesterday

MicroStrategy macro strategy …

BREAKING: MicroStrategy announced that they are now paying their board members with Bitcoin. @Michael_saylor is a legend.

– Pump 🌪 (@APompliano) April 12, 2021

A clear call for 2021 …

Coin of the year …

* No financial advice. But you have been right before …

Crypto AM Editor writes

The intelligence dossier finds that Bitcoin outperforms gold, but Ethereum outperforms Bitcoin

Ethereum is in full swing as it keeps making new highs

Ziglu makes Tezos and Tez digital coins available to its customers

Crypto AM: Longer reads

City AM Markets: What is Aave’s Decentralized Finance (DeFi)?

Crypto AM: Conversation with James Bowater

Crypto AM: Market View in collaboration with Ziglu

Crypto AM: Technically, in collaboration with Zumo

Crypto AM: A Trader’s View with TMG

Crypto AM: Mixing in the Metaverse with Dr. Chris Kacher

Crypto AM: speak legally

Crypto AM: headlights

Crypto AM: Founders Series

Crypto AM: Industry voices

Crypto AM: Walk the Crypto on tiptoe with Monty Munford

Crypto AM: Definitely DeFi

Crypto AM Parliamentary Special Five Part Series

March 2021

fifth day

Day four

Day three

Day two

day one

Crypto AM: Recommended Events

AIBC World

May 25-26, 2021 – Dubai

Roundtable from Crypto AM City of London

Crypto AM DeFi & Digital Inclusion Summit


Crypto AM Awards 2021 (Announcement soon)

Warning notices

It’s definitely tempting to get swept up in the excitement, but please keep these careful words in mind: do your own research, invest only what you can afford, and make good decisions. Hopefully the indicators included in this article will help with that. Note, however, that the content of this article is for informational purposes only and is not intended to be investment advice or any form of recommendation or invitation. City AM, Crypto AM, and Luno always recommend that you seek your own independent financial advice before investing or trading in cryptocurrency.

All information is correct as of 08:30 GMT.

Comments are closed.