As the crypto market moves sideways with low volatility on low timeframes, the XRP price trends to the upside. According to several analysts, the cryptocurrency is set to re-test previous highs as it completes a key bullish price pattern. Related Reading At the time of writing, the XRP price trades at $2.33. Over the past 24 hours, the digital asset gained 2.5% on its price, and over the past seven days almost 7%, per data provided by CoinGecko. XRP price trends to the upside on low timeframes. Source: XRPUSD on…
Tag: Rally
Bitcoin Rally to $120K Possible After Bears Unwind Positions
Key takeaways: Bitcoin derivatives show reduced demand for downside protection, suggesting renewed investor confidence. US import tariff hikes on Japan and South Korea intensified recession fears, boosting Bitcoin’s appeal as a hedge. Bitcoin (BTC) has been trading within a tight $107,300 to $110,600 range since Wednesday, fueling speculation over the potential for a sudden price rally. Market participants are increasingly confident that fresh liquidity injections by major central banks could serve as a catalyst for a Bitcoin bull run. Source: x/TedPillows Market analyst TedPillows pointed out that Bitcoin has lagged…
Elon Musk Triggers Bitcoin Rally With Ultra-Rare Integration Plan
Key Notes Bitcoin price registered a gain following an endorsement from Tesla CEO Elon Musk. Satoshi Action Fund CEO Dennis Porter described this situation as a “massive” development for the Bitcoin ecosystem. Robert Kiyosaki is hoping that the BTC price drops to create a buying opportunity. Bitcoin BTC $108 846 24h volatility: 0.9% Market cap: $2.16 T Vol. 24h: $19.44 B , the largest cryptocurrency by market capitalization, has registered some price gains following an endorsement from Tesla CEO Elon Musk. The coin has surpassed its previous level, eyeing the…
Bitcoin ETF weekly inflows fall 65%, market cools after $110K BTC rally
Weekly inflows into the U.S. spot Bitcoin ETFs experienced a significant drop last week as fading Fed rate cut hopes and Trump’s newly passed budget bill tempered investor appetite. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $769.6 million over the past week, a 65% drop from the prior week when these investment products drew in $2.22 billion. The week began with $102.14 million in net inflows on Monday, followed by significant outflows of $342.25 million on Tuesday. Momentum reversed midweek, with inflows of $407.78 million on…
Analysts Predict Rally Alongside Real-World Adoption
Despite its choppy price action in the past seven days, the mood in the XRP camp is increasingly bullish. Particularly, XRP is witnessing a wave of bold predictions from several top crypto analysts. This comes just as a major real-world asset tokenization project promises to increase demand and utility for XRP on a global scale by tokenizing $200 million worth of assets on the XRP Ledger. Related Reading Not Bullish Enough On XRP? Crypto analyst CrediBULL is pushing a bold message to the XRP community: the market is still underestimating…
Orion leads altcoin rally as Solana falters below $150
While Solana faces pressure below the $150 level, several altcoins are posting major gains, with Orion (ORN) leading the pack with a 400% increase. Orion has jumped by 409.9% in the last 24 hours, trading at $1.25 from a low of $0.2344. This massive surge has left the traders puzzled, though the reasons behind the pump remain unclear. Adding to the mystery, the project’s official X account appears to be suspended. This makes it difficult to verify any recent announcements or developments that might explain the price movement. Despite the…
DOGE Bulls Hold The Line At $0.15 — Is The Rally Still Alive?
Dogecoin (DOGE) prices have crashed by over 4% in the past month indicating a slightly dominant bearish influence in recent weeks. Similar to the crypto market leader (Bitcoin), the prominent altcoin and memecoin has registered significant market corrections since attaining a local peak of $0.249 on May 22. However, recent revelations by top analyst Ali Martinez has shown a bullish market condition that supports a price rebound for the DOGE market. DOGE Bulls Eye Return To $0.22 In an X post on July 5, Martinez provides some technical insights into…
Arthur Hayes Warns of $90K Bitcoin Dip Ahead of 10x Rally to $1M
Bitcoin could retrace to $90,000 short term, but Arthur Hayes sees surging fiscal liquidity fueling an unstoppable rally toward a $1 million long-term price target. Arthur Hayes Sees Bitcoin Climbing to $1M as Fiscal Forces Reflate Markets Macro investor Arthur Hayes, co-founder of cryptocurrency exchange Bitmex who now leads investment fund Maelstrom, stated on July […] Original
Will SOL rally to $200?
Solana, Ethereum’s most significant rival, leads among cryptos with the highest dApp (decentralized application) revenue. In June, Solana clocked over $146 million in revenue from decentralized applications in its ecosystem. Solana has consistently led in dApp revenue and metrics, outpacing Ethereum and BNB. Solana vs. Ethereum comparison The two competing smart contract platforms have rivaled each other’s performance in metrics like DEX volume, revenue collected from dApps, TVL and DeFi dominance since mid 2024. Data from TheBlock shows that Solana (SOL) has maintained its dominance in DEX volume, with the…
Is Bitcoin Rally Over? $8B Wallet Hack, Holders Retreat
Key Notes Over $8.6B in dormant Bitcoin from 2011 suddenly moved, sparking fears of a historic hack. Bitcoin trades at $108K, struggling to break resistance amid whale profit-taking and retail buying. Binance Futures Open Interest stalls at $11.5B, signaling potential exhaustion in bullish momentum. Bitcoin is trading at $108,053, down nearly 1% in the last 24 hours after failing to break above the recent high of $109,142.23 convincingly. With the cryptocurrency hovering just 3.4% below its ATH, market participants question the longevity of the bull cycle. $8.6 Billion Awakening Eight…