Bitcoin closed October lower, snapping its six-year โUptoberโ streak while BNB eked out a gain as a mid-month jolt left most majors stuck below early highs. The shock landed Oct. 10, when President Donald Trump threatened steep new tariffs on China amid rare-earth tensions, touching off a broad risk-off move. Bitcoin slid from roughly the low $120,000s toward about $105,000 in fast trade, and altcoins fell harder as thin liquidity met heavy leverage. Over Oct. 10โ11, derivatives venues auto-liquidated an estimated tens of billions of dollars in positions and more…
Tag: Altcoins
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Bitcoin Range Trades As Altcoins, Spot BTC ETF Sell-off
Key points: For the first time in seven years, Bitcoin is at risk of ending October in the red. Several altcoins have dropped to their crucial support levels, indicating selling on rallies. Bitcoin (BTC) bulls are attempting to maintain the price above $110,000, but the bears have continued to exert pressure. That increases the risk of BTC recording its first-ever red October close in seven years. After Octoberโs dismal performance, all eyes are on November, which has an average return of 46.02%, according to CoinGlass data. Several analysts are turning…
Older Altcoins Will be The Superstars of the Next Altseason: Analyst
Older cryptocurrencies with an exchange-traded fund (ETF) or expected to receive an ETF will soak up much of the capital deployed during the next altcoin season, according to Maen Ftouni, CEO of CoinQuant, a company that produces algorithmic trading tools.ย โNot every single coin is going to have massive returns; the liquidity is going to be concentrated into certain places, dinosaurs being one of them, of course,โ Ftouni told Cointelegraph at the Global Blockchain Congress 2025 in Dubai, UAE. Ftouni said institutional capital will be directed toward โdinosaurโ coins, and…
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Ethereum to $5k?
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Best Altcoins to Buy as Whales May Push XRPโs Price to $3: Rally Soon?
What to Know: Ripple whales accumulate 30M $XRP, signaling renewed confidence and potential for a rally back toward the $3 level, despite lingering broader market volatility. Bitcoin Hyper ($HYPER), Snorter Token ($SNORT), and BlockchainFX ($BFX) are emerging presales that capitalize on the same institutional and retail momentum underpinning $XRPโs recovery narrative. These projects represent three growth narratives for this cycle: scalability with $HYPER, trader-focused utility with $SNORT, and tokenized finance infrastructure with $BFX โ all offering asymmetric upside for early investors. After weeks of volatile price swings, $XRP has stabilized…
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