#Bitcoin dips below $100K, and #altcoins drop up to 11%. Ryan Lee, Chief Analyst at Bitget Research, explains that broader economic factors like U.S. interest rate decisions may affect market volatility. 👇 https://lnkd.in/gK42W7TA
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The global digital asset market shows positive momentum with #altcoins outperforming while #Bitcoin remains stagnant. The total market cap rises to $2.47 trillion, with a 1.47% increase, and trading volume surges by 12% to $73.25 billion. Despite Bitcoin's minimal growth, altcoins like Hedera (HBAR) and BONK see significant gains. Read full story: https://lnkd.in/gCyqmp23
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#Deutsche Bank survey exposes divergent views on #Bitcoin's future. One-third predicts a plunge below $20K erasing $50K from its value, while just 10% foresee surpassing $75K by 2024. Despite hitting ATH of $73,750, BTC faces skepticism, with ongoing volatility and looming halving event Read full story: https://lnkd.in/g-ck2-Be
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The article "The Crypto Waver in October: Expectations and Searches for Uptober Collapse" discusses the current trends in the crypto market for the month of October. 📈 The term "Uptober Collapse" refers to the potential for a drop in prices after a period of growth, which is a common phenomenon in the crypto world. The article highlights the expectations of investors in October, with many hoping for a bullish trend to continue. 🚀 However, there are also concerns about a potential market correction, especially after the recent surges in crypto prices. One key factor impacting the crypto market is the uncertain global economic environment, which can drive investors towards safe-haven assets like cryptocurrencies. 💰 The article discusses how events such as
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Whales Focus on AAVE and These 7 Altcoins Amid Market Rally The crypto market is in an upswing, with the total value surging by 3.3% in the past 24 hours to reach an impressive $3.59 trillion. Leading this bullish wave, Bitcoin is trading at $101,800. Other to https://lnkd.in/eXBMT_de #Altcoins #Crypto #News #PricePrediction #Aave #Bitcoin #cryptomarketrally #Santiment #XRP
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Bitcoin Correction Continues, Analyst Lists Reasons to Buy the Dip and Accumulate Heavily Before Q4 Pump Begins #Bitcoin continues its correction phase and tests key support level allowing #altcoins to show strength amidst volatility. $BTC https://lnkd.in/geUNw84J
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Crypto: A spectacular rebound with stablecoins up by 25%! - Cointribune: A sustained crypto trend. Between mid-October and mid-April, the combined market capitalizations of major stablecoins like USDT, USDC, DAI, BUSD, USDP ...
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STORMRAKE MORNING NOTE: 30/12/2024 USDT delisting looms as Bitcoin drops to $93.4K. Bears remain in control as $92K emerges as key support, while FUD stirs market volatility. Savvy investors eye discounted BTC & altcoins. 💡 Read More: https://zurl.co/BpOw0
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It's that point in the bull market where USDT FUD resurfaces. While it's adding to Bitcoin's short-term bearish momentum, it’s unlikely to impact the long-term outlook. Stay focused on the bigger picture.
STORMRAKE MORNING NOTE: 30/12/2024 USDT delisting looms as Bitcoin drops to $93.4K. Bears remain in control as $92K emerges as key support, while FUD stirs market volatility. Savvy investors eye discounted BTC & altcoins. 💡 Read More: https://zurl.co/BpOw0
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Hype of Halving comes with a delay - but it's here 📈 Here are some insights from DeFi tech leaders: ⭕ Sukhveer Sanghera (founder and CEO of Earth Wallet): “The combination of nearly all BTC having been mined, early investor via ETFs, increasing demand for inflation hedges, and increased utility — all fundamental aspects of Bitcoin’s value proposition are stronger than ever before.” --- ⭕ Temujin Louie (CEO of Wanchain): “Historically, Bitcoin halvings were followed by a slump. Expect to see continued consolidation so long as support around $58,000 holds. If BTC breaks recent highs, look for a rapid increase to $80,000, $90,000, or even $100,000 as investors favor round numbers.” --- ⭕ Jonas Simanavicius (co-founder and CTO at Syntropy): “Early adopters from large capital institutions have entered the market, and it is taking time for the next wave of institutions to prepare their inflows. While big banks predict some downward movement in BTC post-halving, I see strength in BTC due to potential new money inflows and its positioning as a hedge against inflation. P.S. What are your thought on pre and post halving period? 👇
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💪 Hold Strong: The Stablecoin Market Cap Flips Back to $164 Billion 💪 Investor confidence is rising again! The stablecoin market cap has surged back, reaching an impressive $164 billion. This resurgence underlines a renewed trust in stablecoins as a secure medium in the volatile crypto landscape. 📊 Key Insights: - The market cap recovery highlights a significant inflow of capital, signaling investor enthusiasm. - With this growth, stablecoins continue to solidify their role as a cornerstone of the crypto economy. - The stability and utility of these digital assets are key drivers behind their increasing adoption. Let's keep the momentum going! 🚀 Share your experiences and thoughts on the stablecoin market. #Stablecoins #Crypto #DigitalAssets #InvestorConfidence #CryptoEconomy Read More:
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