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Bitcoin Closes in on Price Peak – $69K Resistance in Sight
18.10.2024
On Friday, bitcoin reached its highest price since late July, coming within just $2 of breaking through the $69,000 mark. Recent data shows the cryptocurrency market has been on a consistent upward trend, with the entire digital asset economy now valued at $2.35 trillion, reflecting a 2.63% rise...
QCP Capital Reports Bitcoin Lifted by Spot Demand—What Analysts Are Watching Next
17.10.2024
Bitcoin (BTC) enjoyed a 2.20% boost driven by rising spot demand, briefly touching $68,000 before settling at $67,000, according to Singapore-based digital asset trading firm QCP Capital. The firm highlighted strong options activity and inflows into exchange-traded funds (ETFs), with analysts...
Cryptoquant Data Reveals the Power Behind Bitcoin’s Latest Price Surge
17.10.2024
Bitcoin prices have jumped by over 5%, reaching a ten-week peak at $67,800, as demand for the digital asset has climbed steadily. This increased interest comes from spot exchange-traded funds (ETFs) and significant bitcoin accumulation by large investors, commonly known as “whales,”...
AI-Designed Meme Coin GOAT Sees Explosive Growth in Just 72 Hours
16.10.2024
Based on market data, goatseus maximus (GOAT), a meme coin generated by an artificial intelligence (AI) bot, has been steadily increasing in value since its introduction. Over the past 24 hours, it has appreciated by 132% against the U.S. dollar. From AI Bot to Major Crypto Exchanges: GOAT Climbs...
QCP Capital: Bitcoin’s Potential for ‘Uptober’ Rally Mirrors Historic Election Trends
14.10.2024
QCP Capital analysts have noticed a significant rise in bitcoin (BTC), comparing it to similar patterns seen before past U.S. elections. Their latest report delves into the influence of historical price movements, current market dynamics, and upcoming events on the cryptocurrency’s future...
This Week’s Crypto Gainers and Losers: Meme Tokens Outshine Bitcoin and Ethereum
14.10.2024
In the midst of a more optimistic crypto market, both bitcoin and ethereum have enjoyed steady growth, climbing by 3.13% and 3.61%, respectively, over the past week. Additionally, several other digital currencies experienced even more significant increases, with spx6900 (SPX) stealing the spotlight...
Bitcoin Shows Mixed Signals Amid Consolidation: Is a Reversal Coming Soon?
13.10.2024
Bitcoin (BTC) has experienced a steady decline in recent sessions, but technical indicators are sending mixed messages, hinting at a possible market shift on the horizon. Despite the bearish price trend, oscillators are providing a mix of neutral, buy, and sell signals, reflecting indecision among...
Trump and Politifi Tokens Surge — Which Coins Are Soaring the Most?
11.10.2024
With former President Donald Trump topping the charts on Polymarket, a popular predictions platform, the political finance (politifi) tokens have enjoyed a strong 16.7% boost in the past 24 hours. All ten of the leading politifi tokens are in the green, with many showing double-digit gains....
Heavy Sell-Off Pushes Bitcoin to $58.8K, Cautious Buying Fuels Modest Recovery
11.10.2024
The price of bitcoin dipped to $58,867 on Thursday, around 2 p.m. Eastern Time, but by 8:50 p.m. it had climbed back above $60,000. The initial drop reflected heavy selling pressure, but the later rebound—though slow—suggests a potential recovery might be on the horizon. Bitcoin...
Bitcoin Falls to $60.5K as Coinbase Premium Gap Points to Sell Pressure
10.10.2024
Bitcoin had a rough Wednesday, starting the day above $62,000 but quickly slipping to a daily low of $60,541. The market turbulence didn’t stop there, as over $40 million in bitcoin long positions were wiped out. Across the broader crypto space, both long and short positions saw liquidations...
Peter Brandt’s Bullish Bitcoin Forecast: $135K by 2025, but $48K Is the Line in the Sand
9.10.2024
On Wednesday, seasoned trader Peter Brandt shared his long-term perspective on bitcoin, predicting it could reach $135,000 by August or September 2025. This forecast comes with a key caveat: for the projection to hold, bitcoin must stay above a crucial support level of $48,000. Should it drop below...
AI Cryptos Spike as Broader Market Stays Flat, Sector Nears $30B Milestone
7.10.2024
While the crypto market’s overall capitalization has only ticked up by 0.28% over the past day, reaching $2.19 trillion, the artificial intelligence (AI) crypto economy has made more noticeable gains, climbing 5.4% to hover above the $29 billion mark. AI Crypto Sector Jumps 5.4% to $29B...
SPX Tops the Charts This Week Jumping 193%, CVC and FTT Also See Gains
7.10.2024
According to recent data, bitcoin and ethereum have experienced modest improvements in the last 24 hours, but both have dropped against the U.S. dollar over the week, with losses ranging from 0.8% to 5.5%. However, several other crypto assets saw impressive gains, with spx6900 (SPX) stealing...
Bitcoin Nears $62K as Crypto Rebounds on Jobs Report and Rate Cut Hopes
4.10.2024
On Friday, the global crypto market saw a boost in value, with bitcoin (BTC) climbing 2.29%, approaching the $62,000 mark at 9:30 a.m. EDT. Ethereum (ETH) joined the upward trend, gaining a more modest 1.6%, pushing toward the $2,400 level. Bitcoin and Ethereum Climb Following U.S. Jobs Report This...
Mass Liquidations Impact Over 100,000 Traders Amid Crypto Market Downturn
3.10.2024
Bitcoin’s price briefly dipped to an intraday low of $59,860 shortly after 9 a.m. EDT on Oct. 3, 2024. As of 1 p.m., the cryptocurrency is trading above the $60,000 mark, though it continues to face challenges in maintaining this key psychological level. Crypto Market Sell-Off Drives Traders...
QCP Capital: Middle East Tensions Hit Bitcoin Harder Than Traditional Markets
2.10.2024
In its Oct. 2 market analysis, QCP Capital highlights the effect of escalating Middle Eastern conflicts on traditional financial (tradefi) assets and the cryptocurrency market. According to QCP’s researchers, the market response has been muted in tradefi, but risk assets and digital...
Middle East Tensions Trigger Equities Sell-Off, Bitcoin Drops to $60,246
1.10.2024
On Tuesday, major U.S. stock indices, including the Nasdaq Composite, Dow Jones Industrial Average, Russell 2000, and S&P 500, all closed in negative territory, driven by growing concerns over potential conflict escalation in the Middle East. According to the U.S. State Department, Iran...
EIGEN Token Enters the Crypto Scene, Sees Early Gains and 12% Price Drop
1.10.2024
On Monday, eigenlayer (EIGEN) made its debut on major exchanges, hitting a peak of $4.47 per token. However, by 1:30 p.m. EDT on Oct. 1, the price had dipped 12%, settling at $3.90 per coin. By 2 p.m. it was exchanging hands for $4.30 per unit. EIGEN Token Hits Crypto Market A new contender...
Bitcoin Stumbles as ‘Uptober’ Kicks Off With a Slump
1.10.2024
Bitcoin stumbled on Tuesday, casting a shadow over the much-anticipated ‘Uptober.’ Around 11 a.m. EDT, prices dipped to an intraday low of $61,801 on Bitstamp. Bitcoin Sinks, $289 Million in Longs Liquidated Across Crypto Markets Over the past 24 hours, bitcoin (BTC) slid 1.8%, and...
After Initial Surge, MOODENG Falls 45.6%; Hamster Kombat Drops 51% From Peak
1.10.2024
According to the latest market updates, two fresh-faced crypto assets, moo deng (MOODENG) and hamster kombat (HMSTR), have faced some dips over the past 24 hours. While HMSTR had a rocky launch, MOODENG initially skyrocketed, but the meme token has since tumbled 45.6% below its highest value....