February 27 BTCUSD BingX Chart Analysis and Today's Headline

Today’s Cryptocurrency Headline

Software Giant Salesforce Enters Web3

American software giant Salesforce is entering the Web3 field. Marc Mathieu, the co-founder of Salesforce's Web3 studio, said in an interview that now is a good time for customers to start experimenting with decentralized technologies, including cryptocurrency wallets and NFTs. Last June, the company launched a pilot of its NFT minting and selling platform. A Salesforce spokesperson at the time said that brands might use NFTs to create loyalty programs and access private online communities.

According to Glassnode, the number of Bitcoin that remained dormant for at least 6 months is very close to a new ATH of 15 million. Bitcoin is up 2.84% over the last 24 hours and rose to an intraday high of $23,690.00. The largest cryptocurrency recovered back above the 20-day exponential moving average, suggesting the bears could not build the advantage to push the price further down. The flattening 20-day EMA and the relative strength index (RSI) near the midpoint also suggest a range-bound action in the near term. If the BTC/USDT pair maintain above the 20-day exponential moving average, the bulls will attempt to push the price above $25,000.