Tag: High

FLOKI Skyrockets To New All-Time High, Soaring 60% Following Two Major Listings

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Web3 project and meme coin Floki Inu (FLOKI) has garnered significant attention in the cryptocurrency market. It has witnessed an impressive uptrend of over 630% in the past 30 days alone. As a result, it has soared to the 64th position in market capitalization, surpassing $2 billion. This surge in price comes as notable digital asset firms, including DWF Labs, have recognized FLOKI as a potential long-term investment, resulting in a $10 million purchase plan. This move pushed FLOKI to a 9-month high of $0.00005097 on February 27th. However, the…

Bitcoin hits new all-time high, surpasses $70k

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Bitcoin broke through the $70,000 barrier today, setting a new all-time high in price and reaching the milestone as the halving approaches. Binance displayed Bitcoin’s (BTC) price reaching $70,330 earlier this morning. At the time of writing, it had retraced to the $68,000 level. Source: Binance Futures According to CoinGlass data, traders liquidated long positions worth $60.4 million against the backdrop of a sharp increase in BTC. Presumably, traders began to record profits against the backdrop of the growth of the first cryptocurrency to the all-time high (ATH) level. Over…

Bitcoin Hits New All-Time High, Surging Past $70,000 For The First Time In History

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Bitcoin (BTC), the dominant cryptocurrency, has made history by briefly breaking its consolidation phase and reaching an all-time high of $70,000. Despite encountering resistance near this level, Bitcoin’s market capitalization has reached $1.3 trillion, showcasing its continued upward momentum.  However, as the cryptocurrency faces a double top in the same price zone after almost three years, it must overcome a significant hurdle to consolidate above $69,000 and pave the way for further price gains. Bitcoin Sets New Record  In the past 24 hours, Bitcoin experienced a 2% uptrend, propelling it…

These Are The Ethereum Altcoins Witnessing High Whale Interest

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Here are the Ethereum-based altcoins that are currently witnessing a high amount of activity from the whales, according to on-chain data. These Ethereum Altcoins Are Seeing High Whale Transactions Right Now In a new post on X, the on-chain analytics firm Santiment has discussed how several Ethereum-based altcoins have been seeing notable whale activity recently. The indicator of relevance here is the “whale transaction count,” which keeps track of the total number of transfers taking place on the network for a given cryptocurrency that is valued at $100,000 or more.…

Fetch AI Fetches Fire – 110% Price Surge Ignites All-Time High

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In the volatile world of cryptocurrencies, the recent bullish trend sweeping through the market has not only propelled Bitcoin to new heights but has also catapulted altcoins like Fetch.ai (FET) to unprecedented levels. FET marked a significant milestone with a fresh all-time high today, following the lead set by the primary cryptocurrency. At the time of writing, FET is priced at $2.76, with a trading volume of $2.77 billion over the last 24 hours. Its market capitalization stands at nearly $2 billion. Notably, the coin has experienced a remarkable 110%…

Adjusted for Inflation, Bitcoin Hasn’t Topped Its All Time High

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That a volatile asset like bitcoin hasn’t kept up with inflation (at least since the last ATH) is a bit of a red herring when considering how far it has come. A bitcoin in someone’s wallet today, for instance, would be worth $48,395.13 in 2008, when it was first launched and didn’t have a market value at all. Bitcoin first hit parity with the U.S. dollar in February 2011, and has been gaining ever since. Original

Bitcoin (BTC) Price Record High Would’ve Happened Without Spot ETFs

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“While there are likely multiple factors driving the price of bitcoin right now, there is no question ETFs are playing a starring role,” said Nate Geraci, president of the ETF Store. “The convenience of the ETF wrapper has unlocked a significant new source of demand in the form of retail investors, advisors, and institutional investors who didn’t want to hassle with buying bitcoin directly from crypto exchanges.” Original

Bitcoin selling intensifies as BTC reaches new all-time high

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Long-term investors increased their Bitcoin sales as the price of the first cryptocurrency approached an all-time high. Glassnode analysts note that long-term investors’ monthly sales rate has increased to 257,000 Bitcoin (BTC). Of this amount, 57% comes from Grayscale‘s GBTC. In total, sales rates for the week increased by 20%, for the month and quarter by 44% and 55%, respectively. The rally was the most powerful since the 2021 bull market. As #Bitcoin reached its ATH, a careful assessment reveals a nuanced interplay between exchange and ETF flows indicating market…