Tag: 13Month

Aave Address Count On Optimism Rapidly Growing, Will Price Rise To New 13-Month High?

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Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com,…

XRP hits 13-month high versus Bitcoin with 35% daily surge — But is a correction inevitable?

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XRP price posted a sharp rally against Bitcoin (BTC) on continued optimism about a potential settlement between Ripple, a San Francisco-based blockchain payment firm, and the U.S. Securities and Exchange Commission (SEC). Settlement rumors fuel XRP price boom  On Sep. 23, the XRP/BTC pair surged to 0.00002877 — its best level in 13 months — from 0.00002132, a 35% price rally versus Bitcoin in one day. Meanwhile, the same timeframe saw XRP rising as much as 42% against the U.S. dollar. XRP/BTC and XRP/USD daily price chart. Source: TradingView The big…

AXS Jumps Over 20%, as MATIC Falls to 13-Month Low – Market Updates Bitcoin News

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Despite the majority of tokens trading in red on Thursday, AXS was up by over 20% in today’s session. While LUNA dropped below $0.01 earlier today, MATIC was another notable crypto to fall, dropping to its lowest point since last April. Axie Infinity (AXS) AXS was one of the biggest gainers in crypto markets on Thursday, as prices rallied following a three-day losing streak. Following a low of $16.42 on Thursday, AXS/USD surged to an intraday peak of $24.26 during today’s session. As a result of today’s rebound in price,…

US Bond 10-Year Treasury Yield Hits 13-Month High Pushing Bitcoin (BTC) under $53K

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While Bitcoin takes a dip with the rising bond yields, analysts still remain hopeful that BTC price is all poised to surge from the current levels. The 10-year US Treasury Yield has once again put volatile asset classes like Bitcoin (BTC) under pressure. On Wednesday, March 16, the US Treasury Yield surged to 1.67% hitting its 13-month high. The recent surge comes just two days ahead of the press release of Federal Reserve Chairman Jerome Powell. However, this has put the BTC/USD trading pair under severe pressure. As per the…

Bitcoin price dips under $55K as US bond yields touch 13-month high

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Bitcoin (BTC) slid under $55,000 on March 17 as United States treasury yields built on a comeback, which took them to their highest in over a year. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price stays firmly rangebound Data from Cointelegraph Markets Pro and TradingView showed further downward pressure for BTC/USD on Wednesday, compounding a comedown that began late on Sunday. While not plugging the week’s lows at near $53,000, the latest dip to $54,425 on Bitstamp underscores Bitcoin’s correction after hitting all-time highs of $61,700. The weakness came in tandem…

Bitcoin Price Hits 13-Month High of $12,200, Liquidating $22M Shorts

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Bitcoin (BTC) triggered $24 million of liquidations on BitMEX alone Aug. 17 as a fresh move saw markets reclaim $12,000. Cryptocurrency market daily snapshot, Aug. 17. Source: Coin360 BTC price “clear fake-out” costs shorters big Data from Cointelegraph Markets and Coin360 showed BTC/USD hitting $12,200 briefly on Monday. A subsequent correction managed to erase the gains and more, bouncing at $11,785 to recross the $12,000 mark — all within a matter of minutes. At press time, Bitcoin circled $12,080, equating to 24-hour gains of 2.5% and the highest price for…