Day: November 6, 2024

Bitcoin reaches $75k, marking new ATH on the heels of US election

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Bitcoin just reached a new all-time high after struggling below the $70,000 zone over the past week. Bitcoin (BTC) is up 9.2% in the past 24 hours and is trading at $74,550 at the time of writing. The leading cryptocurrency briefly touched an ATH of $75,011 with a market cap of $1.48 trillion.  The asset’s previous ATH of $73,750 was marked in March. BTC price | Source: crypto.news Currently, Bitcoin has a 59.4% dominance over the broader crypto market.  One of the main reasons behind the BTC price rally is…

Analyst Reveals Bitcoin’s ‘Chopsolidation’ Phase Nears End—Are New Highs in Sight?

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Bitcoin market trend may be on the verge of a significant shift, according to a recent analysis shared by CryptoQuant analyst Percival. Percival described Bitcoin’s current phase as “chopsolidation,” a term used to describe a period of minimal directional movement where price consolidation occurs without a clear trend. This period, he suggests, may be drawing to a close, with an imminent market movement expected in the coming weeks. The Chopsolidations metric, as Percival notes, doesn’t predict the direction of Bitcoin’s next move. Instead, it assesses the exhaustion level of the…

BNB and chainlink lead DeFi, yet Rollblock draws investors for crypto gains in 2025

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin confidence surges among institutions; BNB, Chainlink lead DeFi gains as Rollblock’s RBLK soars 200%. Confidence in Bitcoin among institutional players is gaining momentum, and crypto gains are back as BNB and Chainlink lead DeFi. So far, BNB has established support of around $550, and analysts expect it to continue its sideways momentum until 2025. Chainlink’s price is on a correction path, and onlookers feel that it could fall…

Dogecoin (DOGE) Jumps 10%+: Is More Upside Ahead?

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Dogecoin started a fresh surge above the $0.180 resistance against the US Dollar. DOGE could continue to rise if it clears the $0.2200 resistance. DOGE price started a fresh rally like Bitcoin and climbed above the $0.180 resistance level. The price is trading above the $0.1800 level and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.1620 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to rally if it clears the $0.2150…

XRP Price Momentum Reignites As Bitcoin Hits New ATH: Is a Major Rally in Sight?

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XRP price is gaining pace above the $0.5050 support zone. The price is rising and might even aim for a move above the $0.5500 resistance. XRP price is eyeing a decent increase above the $0.5250 zone. The price is now trading above $0.5220 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $0.5100 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it settles above the $0.5350 resistance zone. XRP…

Dogecoin Rockets Up 12%, But This FOMO Signal Could End Rally

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Este artículo también está disponible en español. Dogecoin has seen a jump of over 12% during the past day, but this trend brewing in an on-chain indicator could spell a bearish end to the run. Dogecoin Investors Have Been Showing Signs Of FOMO Recently In a new post on X, the on-chain analytics firm Santiment has discussed about how the trend in the Total Amount of Holders has been like for the various top coins in the cryptocurrency sector. Related Reading The “Total Amount of Holders” here refers to an…

Bitcoin Hits New Record Above $75K as Trump Dominates Early Voting

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Historic: Bitcoin Breaks All-Time High as Trump Gains Ground in Prediction Markets

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In a historic night for crypto markets, bitcoin has blown past its previous all-time high (ATH) numbers, reaching $75,000 on several exchanges. This price action comes on the heels of several favorable announcements supporting the possible victory of former President Donald Trump in the U.S. elections, as his chances of winning the presidential race reached […] Original