Tag: Rally

Bitcoin Mining Stocks Rally as Strong Jobs Data Lifts Market, Supports Soft-Landing Outlook

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Crypto mining stocks logged strong weekly gains, despite a pullback on Thursday, in a rally fueled by signs that a favorable macroeconomic backdrop could support the US Federal Reserve’s soft-landing narrative. Shares of Riot Platforms (RIOT), Hive Digital (HIVE), Hut 8 (HUT8), MARA Holdings (MARA), and Bitfarms (BITF) surged between 13% and 28% over the past four trading sessions, as US markets closed early on Thursday ahead of the Independence Day holiday weekend. The performance of crypto mining stocks from June 30 to July 3, 2025. Source: Google Finance In…

Bitcoin Steady as Stocks Rally After Upbeat Jobs Report

Stocks surged to record highs once again after positive jobs data sparked a market rally. Bitcoin however, chugged along, mostly flat. Jobs Report Buoys Optimism, Bitcoin Flat As Stocks Surge Market sentiment was positive across the board on Thursday after the U.S. Bureau of Labor Statistics revealed better than expected June employment data. The economy […] Source CryptoX Portal

XRP Price ‘Pennant’ Breakout Eyes 40% Rally to $3.20 as Open Interest Jumps 30%

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Key takeaways: XRP breaks out of a  “pennant” on the weekly chart, hinting at 40% gains to $3.20. Several positive developments and increasing open futures open interest signal XRP’s ability to break out of consolidation. XRP (XRP) price confirmed a “pennant” pattern on the weekly chart, a move associated with strong upward momentum. Key developments surrounding Ripple and a surge in XRP futures demand may signal the start of a rally to $3.20 or higher. Increasing OI backs XRP price uptrend XRP rose in tandem with the wider crypto market…

Ethereum Signals Possible Bullish Rally After Reclaiming $2,600

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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. Ethereum (ETH) has recently experienced a significant resurgence, reaching a three-week high of $2,600 after a notable spike on Wednesday. This uptick comes at a time when a key company is considering ETH as a potential…

Bonk Price Prediction: 38% Volume Spike, Harmonic Reversal Fuel Hopes of Short-Term 70% Rally

Key Notes BONK completed harmonic pattern breakout from falling wedge structure with price holding above $0.00001450 support zone. Open interest jumped 15.57% to $12.63M while trading volume spiked 38.13% indicating renewed trader confidence. Gen1 Solana Mobile reward program ending July 31 could reduce circulating supply supporting long-term price action. Bonk BONK $0.000015 24h volatility: 11.7% Market cap: $1.18 B Vol. 24h: $219.64 M price is showing signs of early reversal after weeks of downside pressure. On the 4-hour chart, BONK is trading near $0.00001506, having broken above a six-week falling…

Crypto Rally 2.0? US M2 Money Supply at Record Highs

Key Notes The US M2 money supply has reached an all-time high of $21.94 trillion, growing 4.5% year over year. BTC remains inside a descending channel since its $112K peak but shows resilience above key levels. The increase in M2 money supply indicates increased liquidity that could boost risk assets like Bitcoin. The M2 money supply, a broad gauge of circulating currency including cash, checking deposits, and money market funds, just surpassed its previous peak from March 2022. Year-on-year growth is now at 4.5%, the highest in 3 years, signaling…

Altcoin Rally Needs “Patience,” Bitcoin Has Hit Pivot Point

Key Notes Public companies have been accumulating more BTC than ETFs for three consecutive quarters. A rare mix of profit-taking and capitulation by whales in late June suggests a local bottom for Bitcoin. Eventually, capital for Bitcoin will rotate into Bitcoin, resulting in a delayed but eventual altcoin season. Crypto investors find themselves at a crossroads, as the current Bitcoin BTC $107 374 24h volatility: 0.8% Market cap: $2.14 T Vol. 24h: $28.14 B cycle has yet to see an altcoin season, with Bitcoin’s strength overshadowing weaker altcoins. Despite sideways…

XRP Price Retreats From Highs — Is The Rally In Jeopardy?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Dogecoin Price Prediction: $60M Shorts Threaten DOGE Recovery as Falling Wedge Targets 41% Rally

Key Notes Market rotation drives DOGE decline as traders chase 2000%+ gains in low-cap memes like $USELESS over established tokens. Short traders dominate with $143M contracts versus $103M longs, concentrating $60M resistance at the crucial $0.18 level. Technical falling wedge pattern suggests potential $0.22 target if DOGE breaks above resistance with adequate volume support. Dogecoin DOGE $0.16 24h volatility: 4.5% Market cap: $23.73 B Vol. 24h: $763.96 M price slides 8% in 48 hours renewed investor risk appetite tilts demand towards low-cap memes. Can bulls flip the looming SHORT leverage…

Fed comment could trigger Bitcoin, altcoin rally

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Bitcoin and altcoin prices could stage a strong rally in July after a surprise statement from Jerome Powell, the Federal Reserve Chair. In a statement, Powell changed his tune on when the Fed will start cutting interest rates. For the first time this year, he did not rule out slashing rates as soon as in the July meeting. He said: “I really can’t say. It’s going to depend on the data. And we are going meeting by meeting. I wouldn’t take any meeting off the table or put it directly on…