Bitcoin sees limited profit taking with BTC price up 3.7%

Bitcoin price remained near its all-time high after a stellar surge on May 21, with bulls largely in control as the market eyed price discovery. After hitting highs of $111,861, Bitcoin (BTC) traded to around $110,300 before rebounding higher. Despite the spike to a fresh peak, with Bitcoin outpacing the Dow Jones Industrial Average as stocks struggled, the market hasn’t witnessed a significant profit taking scenario so far. What are analysts saying about Bitcoin price? Notably, all BTC addresses flipped profitable as the cryptocurrency rallied. Yet on-chain data shows the…

Dogecoin price climbs 6% amid surge in network activity and bullish market

Dogecoin has seen strong price action as crypto markets recover and key network metrics indicate rising trader interest. Dogecoin (DOGE) has gained momentum, supported by bullish trends in the broader crypto market and growth in several network indicators. On Thursday, May 22, Dogecoin traded at 0.2410 dollars, up 6 percent over the past 24 hours. The rally coincided with a spike in social media interest for Dogecoin, as traders once again express bullish sentiment. Among them is crypto trader and analyst Ali Martinez, who noted that Dogecoin may be on…

BTC price eyes $112K as risk assets ‘ignore bad news’ on unemployment

Key points: Mixed results for US jobless claims fail to dent risk-asset enthusiasm. Despite concerns over the bond market, Bitcoin and stocks enjoy stability at the start of the Wall Street trading session. BTC price expectations remain lofty amid low volatility and a curious lack of profit-taking. Bitcoin (BTC) focused on $111,000 around the May 22 Wall Street open as record highs met mixed US unemployment data. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin, stocks brush off jobs uncertainty Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility cooling…

Will XRP Price Rally $3 After New Futures ETF Launch?

Key Notes Despite a significant purchase of 250 million XRP tokens worth over $500 million by a whale, the XRP price remains unmoved. Meanwhile, institutional interest stays strong, with CME’s ETF hitting $1.5 million in trading volume on its first day. As Volatility Shares prepares to launch its XRP Futures ETF, attention turns to the potential approval of a spot XRP ETF. Amid the broader crypto market rally today, XRP XRP $2.22 24h volatility: 0.8% Market cap: $129.99 B Vol. 24h: $2.17 B price has climbed 2.7%, shooting to $2.42…

Crypto Analyst Puts Bitcoin Price At $120,000 If This Range Breakout Happens

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The Bitcoin price is flying high at the moment, having rallied to a new all-time high (ATH) of $111,800 on May 22. Now, crypto analyst Tony Severino has predicted…

Pepe price poised to surge as rare bullish pattern emerges

Pepe price is on the verge of a strong bullish breakout as whale accumulation continues and a rare golden cross pattern nears. Pepe Coin (PEPE) jumped to a high of $0.00001450, up 175% from its lowest point in April this year. This rebound has coincided with the ongoing crypto bull run, which has pushed the total market capitalization of all cryptocurrencies to nearly $3.5 trillion. Pepe surged as on-chain metrics pointed to increased accumulation by whales. Data shows that holders with between 10 million and 100 million coins now hold…

XRP futures OI rises 25% as price chart ‘bull flag’ targets $14

Key takeaways: XRP price has gained 4% over the last 24 hours to $2.43, and its open interest has risen by 25%. Positive spot market activity flips the futures funding rate positive, suggesting a return of investor optimism. XRP could rally to $14 if a classic bull flag pattern is confirmed. XRP printed a “bull flag” triangle on the weekly chart, a technical pattern associated with strong upward momentum. Breaking above this technical setup and a surge in XRP futures demand could signal a rally to $14. Increasing OI rising…

Analyst Predicts Solana (SOL) to Reach $210 as Price Climbs 7%

Key Notes SOL’s daily trading volume jumped 70%, signaling renewed market interest. Total value locked on Solana rose 4.26% to $9.53 billion. Analyst sees a potential move toward $210 within an upward price channel. Solana SOL $150.7 24h volatility: 2.6% Market cap: $78.04 B Vol. 24h: $3.80 B has emerged as one of the top performers in the past 24 hours, with the cryptocurrency climbing 7% to trade around $178.70. The sixth-largest cryptocurrency by market cap also saw a 70% increase in its 24-hour trading volume. This price movement aligns…

Why Is Hyperliquid (HYPE) Price Up 18% Today?

Key Notes HYPE approaches an all-time high above $35, fueled by record-breaking open interest of $8.9 billion and $5.4 million in platform fees. Hyperliquid’s unique revenue model, which directs 100% of earnings back to its community and holders without inflation. A crypto whale stunned the market by placing a $1.1 billion 40x leveraged Bitcoin long on Hyperliquid. Decentralized exchange Hyperliquid has been on investors’ radar recently, with native crypto HYPE HYPE $19.97 24h volatility: 5.4% Market cap: $6.67 B Vol. 24h: $206.60 M price surging 18% in the last 24…