Tag: Rally

Bitcoin Surpasses $65K, Meme Tokens Rally

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Bitcoin (BTC) crossed $65,000 in European morning hours on Monday, inching closer to a lifetime peak of $69,000 set November 2021 as the value of bullish bets rose to a record. The largest cryptocurrency has added over 6% in the past 24 hours, while the CD20, a broad-based liquid index of various tokens, rose 5.6%. Bitcoin is now just 5% away from its record in U.S. dollar terms. It’s already crossed peak prices against several major and emerging-market currencies in the past week. Further gains may be in the offing,…

Bitcoin (BTC) Rally Leaves More Than 97% of Addresses in Profit, Blockchain Data Show

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Pepecoin Rally Beats Dog Meme Tokens Amid Euphoria

Meme coins first appeared to come into focus in late February as bitcoin, ether and Solana’s SOL jumped more than 10%. Non-serious tokens are seen as a way to bet on the growth of a blockchain, as they are considered more retail-friendly and easier to understand for new investors. Source

DOT Price (Polkadot) Looks Set To Crush $10 And Rally Further

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Polkadot (DOT) is gaining pace above the $8.80 resistance against the US Dollar. The price could extend its rally once it settles above the $10 barrier. DOT is gaining pace above the $8.50 and $8.80 levels against the US Dollar. The price is trading above the $9.00 zone and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $9.20 on the 4-hour chart of the DOT/USD pair (data source from Kraken). The pair could continue to rise unless the bears are…

Bitcoin Price Restarts Rally, Why BTC Could Soon Hit $65K

Bitcoin price is gaining momentum above the $62,000 resistance. BTC is signaling an upside break and might surge toward the $65,000 resistance. Bitcoin price is moving higher from the $61,200 support zone. The price is trading above $62,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $62,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate higher toward the $65,000 resistance or even $65,730. Bitcoin Price Regains Strength Bitcoin price remained…

Investors should tread carefully in March after bitcoin’s rally to $60,000

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With bitcoin on a hot streak this past week, investors should brace themselves for a cooling in March. The flagship cryptocurrency exploded in the final week of February, which ended as the best month since 2020 . It started the week around $50,000 on Monday and leapt above $62,000 by the end of the week —just 10% below its November 2021 all-time high of $68,982.20. “The recent price action seems too quick and too big to sustain over the next month,” said Yuya Hasegawa, crypto market analyst at Japanese bitcoin…

Crypto Analyst Predicts Parabolic Rally For Cardano

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Several analysts have expressed optimism, suggesting that Cardano (ADA) is poised for a bullish market surge in the near term. ADA recently went on an impressive spike on the last day of February, registering a 14% gain to push its price above $0.7 for the first time since May 2022.  Despite these gains, there have been concerns from some investors of ADA potentially falling behind in its performance relative to Bitcoin in the last bull cycle. Popular crypto analyst Dan Gambardello addressed some of these concerns in a recent video…

Dogwifhat What? Meme Coin Barges Into 86th Spot With 320% Rally

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The strong ascent of Dogwifhat (WIF) has made it stand out among cryptocurrencies and captivated investors. Crypto markets are gearing up for the first weekend of the month, and memecoins in particular are showing strong signs of positive momentum. Amidst the increased hope, the meme coin based on Solana experienced an incredible 320% rally last week, propelling WIF to the top 100 cryptos from a valuation of $1 billion or more. However, why has this ascent been so rapid? Dogwifhat’s Rise: Bulls In Action At the time of writing, the…

Dogecoin (DOGE), PEPE, SHIB Rally Could Be Early Signal for Impending Altcoin Season

However, the report pointed out that timing the altcoin season is a “risky sport,” as the bitcoin ETFs have altered the crypto investment landscape, and there’s no guarantee that the money flowing to bitcoin will eventually trickle down to smaller assets. “There is enough risk appetite to send a select few alts on big runs, but we have yet to see a new wave of retail entering the altcoin arena to create the rising tide that lifts all boats,” said K33. Source