Tag: Bitcoin

Bitcoin Price Enters ‘Second Breakout Of The Cycle’ — Analyst

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Este artículo también está disponible en español. The Bitcoin price could see its second massive breakout in this current market cycle, as a crypto analyst has predicted a peak above $150,000 for the pioneer cryptocurrency. This bullish forecast comes on the heels of Bitcoin’s previous All-Time High (ATH) this month when it surpassed the $75,000 mark.  Related Reading Bitcoin Price Peak Set Above $150k In just 2024, Bitcoin has reached three major all-time highs, making a historic move for the cryptocurrency. Earlier in March, the cryptocurrency crossed the $73,000 level,…

6-Figure ‘Reserve Asset’ Bitcoin Price Possible By Year-End

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Este artículo también está disponible en español. The momentum is on Bitcoin and crypto’s side, and it wouldn’t be surprising if the price surge continues until the end of the year. One of the biggest drivers of the current performance of Bitcoin is the election of Republican Donald Trump. Related Reading Trump’s rhetoric and friendly pronouncement on crypto helped propel the asset’s price past $76k, beating this year’s March record. Now, many market analysts remain bullish days after the US elections. Thomas Lee, CNBC contributor and the CIO of Fundstrat…

Can The Donald Trump Win Drive The Bitcoin Price To $170,000 This Cycle?

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Este artículo también está disponible en español. The victory of Donald Trump in the US presidential election has been confirmed, leaving cryptocurrency investors speculating about the impact on Bitcoin’s price trajectory in the next four years. Interestingly, the market has already been given a taste of the possible effects. Related Reading In fact, the mere news of Trump’s win has pushed the Bitcoin price into uncharted territory. Since the announcement, Bitcoin has surged, reaching a recent peak of $77,239. According to a crypto analyst, the Bitcoin price has always rallied…

Bitcoin MVRV Hints At $85,000 Price Target On This Condition

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

NFT sales rise 16.1% to $96.1m, Bitcoin dethrones Solana

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Following the recent crypto market surge, the non-fungible token (NFT) sales volume has surged by 16.3% to $96.1 million. The overall crypto market has been showing strong positive momentum recently. Following Donald Trump’s victory in the U.S. presidential election, Bitcoin (BTC) reached a new all-time high of $77,252.75. As per the latest CoinMarketCap data, the global crypto market cap has risen by 3.29% at press time to $2.6 trillion. The NFT sales volume was $84.6 million last week. But according to recent data from CryptoSlam, the NFT sales have jumped…

Bitcoin Realized Cap At All-Time High As Price Hits $77,000 For The First Time

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

Bitcoin Holder Profits Now 121%: How Much Higher Can BTC Go?

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On-chain data shows the Bitcoin investors are now carrying 121% profits on average. Here’s whether this has been enough for a top in the past. Bitcoin Profitability Index Is Currently Sitting Around 221% In a new post on X, CryptoQuant author Axel Adler Jr has discussed about the latest trend in the Bitcoin Average Profitability Index. The “Average Profitability Index” is an indicator for BTC that compares the asset’s spot value with its realized price. The “realized price” here refers to a measure of the cost basis or acquisition value…