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Analysts say altcoins to rebound soon; invest in these sectors

3.6.2024
With the weekend behind us, Bitcoin has entered a short-term bullish trend. It has managed to stay above the crucial $66,000 support level and is currently being traded at $68,874.97 as of 7:49 a.m. GMT. There seems to be potential for a price increase, making it a promising way to kick off Monday...

Bitcoin, Ethereum, and Dogecoin drop as fears of inflation rebound

30.5.2024
The US has done a lot to curb inflation. It was around 8% in 2022-2023 and has now been reduced to around 3.3% as of April 30, 2024. The target is rather aggressive, with the Federal Reserve looking to bring it under 2% by the end of 2024. However, the fear of inflation has started …

Bitcoin Hashrate Hits Record High, Surpasses Pre-Halving Levels

28.5.2024
Bitcoin’s hashrate has rebounded to the historic highs seen just before the fourth reward halving event. According to the seven-day simple moving average, the network’s hashrate reached a record 657 exahash per second (EH/s) this week. Bitcoin Hashrate Reaches Unprecedented 657 EH/s...

BNB coin looks to rebound from the current low

20.5.2024
BNB has hit a near resistance of $586 and is now trading at around $580. The next best support for the crypto is at $576; falling beneath that margin would potentially open the door for a further fall. The current dip is below the 4-hour 100 Simple Moving Average. To mark a rebound, BNB must …

Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound

17.5.2024
According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the token dipped to a low of $0.915 and is now trading at $0.958 per unit as of 8 a.m. EDT on Friday. SUSD Stablecoin Plunges to $0.915 Another stablecoin faces challenges...

Best Crypto to Buy Now May 13 – Dogecoin, Shiba Inu, Pepe

13.5.2024
As cryptocurrency markets rebound ahead of a week packed with important US economic data releases, various meme coins are leading the pack, and might be the best crypto to buy now. The post Best Crypto to Buy Now May 13 – Dogecoin, Shiba Inu, Pepe appeared first on Cryptonews

Best Crypto to Buy Today May 6 – Ethena, Jupiter, Solana

6.5.2024
With major cryptocurrencies choppy on Monday as traders assess the durability of the recent strong rebound from last week’s multi-week/month lows, traders are scouring the altcoin markets for the best crypto to buy today for fast gains. The post Best Crypto to Buy Today May 6 – Ethena, Jupiter...

Top AI Crypto Assets Rebound Despite Recent Month-Long Decline

6.5.2024
According to the latest data, the top ten artificial intelligence (AI)-based crypto assets have experienced double-digit declines over the last 30 days. Despite the downward trend, nine out of the top ten saw a recovery this past week, recording gains ranging from 4% to 30% within seven days....

Best Crypto to Buy Today May 3 – Ordinals, Pendle, Hedera

3.5.2024
As crypto markets rebound thanks to a softer-than-expected US labor market report, with Bitcoin (BTC) last up nearly 5% on the day in the upper $61,000s, traders are weighing up opportunities in the altcoin market as they hunt for the best crypto to buy today. The post Best Crypto to Buy Today...

Arthur Hayes Predicts Bitcoin Price to Rally Back to $70,000 – Here’s Why

3.5.2024
Despite recent dips, Arthur Hayes, ex-BitMEX CEO, predicts a Bitcoin price rebound to $70,000 by August 2024. He believes the Federal Reserve's easing of quantitative tightening will inject liquidity into the market, boosting Bitcoin price gradually. Discover his analysis and the potential impact...

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