Tag: Rally

Crypto market rally stalls at the $1.2T level, but bulls are getting positioned

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After gaining 11% between March 16 and March 18, the total crypto market capitalization has been battling resistance at the $1.2 trillion level. This same level was reached on August 14, 2022 and was followed by a 19.7% decline to $960 billion over the next two weeks. During the lateralization period between March 20 and March 27, Bitcoin (BTC) gained 0.3%, while Ether (ETH) posted modest gains of 1.6%. Total crypto market cap in USD, 12-hour. Source: TradingView One source of favorable short-term momentum is a change in the Federal…

3 cryptocurrencies targeting spring rally: DigiToads, ethereum, and aptos

As cryptocurrency evolves, new projects and tokens are constantly vying for attention and investment. DigiToads (TOADS) is popular among investors and enthusiasts. This article will look at DigiToads and compare its potential price predictions to other popular tokens, including ethereum (ETH) and aptos (APT). DigiToads (TOADS) DigiToads aims to become a top meme token, like Dogecoin, Shiba Inu, and Dogelon Mars. It also establishes itself as a play-to-earn (P2E) token, such as The Sandbox, Axie Infinity, Decentraland, and GALA. DigiToads is also a platform that seeks to enhance our lives…

Bitcoin Holds Steady Above $28K, Ether Rises in Post Rate Hike Rally

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Ethereum price at $1.4K was a bargain, and a rally toward $2K looks like the next step

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Ether’s (ETH) price reached $1,400 on March 10, which proved to be a bargain as the cryptocurrency rallied 27.1% until March 21. However, the three reasons that supported the price gain, including correlation with tech stocks, its increasing total value locked and its deflationary token economics, all suggest that the path to $2,000 is set in stone.  There are numerous explanations for Ether’s 19.4% decline over the past six months. Ethereum’s Shanghai hard fork upgrade was delayed from March to early April and after Shanghai, Ethereum’s roadmap includes the “Surge” “Verge,”…

Bitcoin gains $26 billion as banking crisis sparks rally

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Bitcoin is up 50% so far in 2023, beating major commodities and stock indexes. Industry insiders said the bank collapses have sent investors looking for alternatives to the traditional banking system and there is also anticipation of a slowdown in interest rate rises, which is helping bitcoin. Filip Radwanski | Sopa Images | Lightrocket | Getty Images Bitcoin jumped on Monday as some investors turned to digital currencies amid a crisis in the traditional banking sector. Bitcoin was up 5% at $28,378.35 at around 5:20 a.m. ET, according to CoinDesk.…

XRP Hits $20B Market Cap Following Recent Crypto Rally

Ripple coin XRP recently hit $20 billion due to the broader crypto market upswing from the banking crisis. Ripple‘s native XRP token recently surpassed $20 billion in market value following a broader digital currency market rally. According to reports, XRP gained roughly 5% over the last 24 hours, with Bitcoin (BTC) and Ether (ETH) experiencing gains of 2.41% and 1.62%, respectively. During this period, Binance Coin (BNB) also increased by 0.72%, while Cardano (ADA) gained 1.62%. XRP $20 Billion Development Culmination of Weeklong Upward Price Trajectory XRP has been on an upward trajectory in…

4 signs the Bitcoin price rally could top out at $26K for now

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Bitcoin (BTC) received a substantial boost this week as the U.S. inflation levels for February came along the lines of market expectations. On March 14, the BTC/USD pair surged to a new 2023 peak at $26,550 after the news. But while the macroeconomic conditions mat currently be favoring risk-on buyers, certain on-chain and market indicators hint at a potential correction in the near term. BTC flows back to exchanges as price rises Glassnode’s exchange flow data recorded the largest inflow to exchanges on March 13 since May 2022. This means…