Bitcoin price rose for two consecutive days on Monday, Oct. 7, as traders embraced a risk-on sentiment. Bitcoin (BTC) rose to an intraday high of $64,000, a 6.62% increase from last week’s lowest point. The rebound happened even as American equities retreated as the odds of a more dovish Federal Reserve eased. The Dow Jones, S&P 500, and Nasdaq 100 dropped by over 0.20% in early trading. Some crypto analysts and investors remain bullish on Bitcoin. MetaPlanet, a Japanese company, has become the latest major Bitcoin buyer after adding coins worth…
Tag: High
Down from the Peaks: Bitcoin Nears Record High While Altcoins Face Uphill Battle
As of today, Oct. 6, 2024, the countdown to the end of the year continues, with just 87 days left. Bitcoin (BTC) is holding strong at just over $62,000, although it’s still trailing 15.6% below its record high from seven months ago. Meanwhile, ethereum (ETH) is facing a steeper climb, currently priced at $2,432—sitting 50.2% […] Original
POPCAT Surges Past $1.0094 All-Time High
Este artículo también está disponible en español. POPCAT has achieved a remarkable milestone by surging past its all-time high of $1.0094, igniting excitement among traders and investors alike. This breakout signals a powerful bullish momentum, prompting a re-evaluation of the asset’s potential for further gains. As the market reacts to this significant price movement, understanding the underlying technical factors and market dynamics is crucial for forecasting future price action. In this technical breakdown, we will analyze the recent surge of POPCAT past its previous all-time high of $1.0094, focusing on…
Bitcoin Will Hit New All-Time High If It Breaks This Level
Este artículo también está disponible en español. Bitcoin, which started the month on a negative note, has begun to regain some positive momentum and is up by 1.66% in the past 24 hours. This recovery comes amid renewed optimism in the crypto space, as traders and investors remain hopeful for a solid finish to the year. In a recent post on social media platform X, popular crypto analyst Inmortal revealed Bitcoin is still on its way to creating a new all-time high very soon. The only thing the bulls need…
Bitcoin Dominance Nears 3-Year High Amid Altcoin Weakness; Aptos Outperforms as SUI Drops
Bitcoin held above the $60,000 key support level, while Ethereum’s ETH fell to near its weakest level against BTC since mid-September. Source
RWA Platform Credbull Rolls Out Up to $500M Private Credit Fund with Fixed High Yield on Plume Network
Private credit, a booming market in traditional finance, is a fast-growing sector in the blockchain-based real-world asset sector as well with $9 billion of assets, data shows. Source
Grayscale’s High ETF Fee Keeps the Cash Flowing In Even as Investors Withdraw
Grayscale’s fee revenue from GBTC is nearly five times higher than BlackRock’s from IBIT even after a 50% decline in assets under management. Source
Polymarket Predicts 61% Chance of 2024 Bitcoin All-Time High, 17% for $100K
With bitcoin trading above $65K, crypto enthusiasts are anticipating big price moves in October. Many still believe BTC will exceed its all-time high before the year ends. On Polymarket, a blockchain-powered predictions platform, the odds currently show a 61% chance that bitcoin will top the record it set seven months ago. Polymarket Bettors: Bitcoin Record […] Original
Bitcoin Short Squeeze Could Catapult Price To New All-Time High
Este artículo también está disponible en español. Bitcoin has been on an incredible price momentum for the past two weeks. This momentum, which took many by surprise, saw Bitcoin breaking above the psychological $65,000 price level again. According to price data, Bitcoin traded as low as $52,820 on September 6. Related Reading Its recent rebound to $66,300 indicates that the king of cryptocurrencies has recovered substantially by 25.5% in two weeks. According to Coinglass data, this marks the biggest gains recorded by Bitcoin in September since 2013. Yet, despite this…
Is Shiba Inu Ready For A New All-Time High Above $0.00008? Analyst Says Yes
Este artículo también está disponible en español. Doggy-themed meme coin, Shiba Inu (SHIB), could be gearing up for a major rally to new all-time highs this bull cycle. Given the cryptocurrency’s recent bullish performance, analysts predict that Shiba Inu can surge above its all-time high of $0.000086. Shiba Inu Targets New All-Time Highs The price of Shiba Inu recently jumped from around $0.00001 to $0.00002. This significant price increase occurred in the last few weeks, hinting that the popular meme coin may be getting ready for a parabolic rally in…