Bitcoin (BTC) rose 5.8% to $68,828, while Ethereum (ETH) surged 9% to $2,097.86, signaling renewed investor interest in major cryptocurrencies. Other notable gains include XRP up 6.9% and Solana (SOL) up 6.5%. These increases reflect positive market momentum, possibly driven by favorable news or investor sentiment. Traders should watch for continued volatility as the crypto market reacts to global economic factors.
NEAR Protocol (NEAR) experienced the largest 24-hour decline among major cryptocurrencies, falling 8.93% to $4.47. Other notable drops included Bitcoin down 1.28% to $80,495, Ether down 1.38% to $2,360.57, and XRP down 3.45% to $1.28. These declines ...
Ethereum's deflationary advantage over Bitcoin is weakening as ETH burning rates have dropped sharply and annual supply growth nears Bitcoin's level. However, increased on-chain activity, including higher Ethereum Velocity, more active addresses, and...
Bitcoin retreated after approaching the $85,000 mark, a resistance level identified by analysts. Traders are cautious ahead of the Federal Reserve's Oct. 27-28 meeting, where the consensus expects interest rates to remain unchanged. This pause in rat...
James Wynn opened a 40x leveraged short position of 0.4947 Bitcoin on the Hyperliquid platform on October 23, with the position valued at approximately $40,500. The liquidation price for this trade was set at $82,671.48. This move comes 49 days after...
Bloomberg Intelligence strategist Mike McGlone said that market expectations of three Federal Reserve rate hikes are creating a headwind for Bitcoin, gold, and copper. He warned that Bitcoin could drop to $10,000, linking this potential decline to a ...
