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2024 has firmly established itself as the year of Bitcoin dominance. The leading cryptocurrency has outperformed the broader market, demonstrating resilience both during rallies and corrections, solidifying its position as the cornerstone of the crypto space. 2024 can be marked as the year of Bitcoin dominance. The largest crypto asset has largely outperformed the rest … Read more
Bitcoin’s surge to a new all-time high of $107.8K and Ethereum’s rally back above $4K have reignited bullish narratives across the crypto market. Amid this momentum, a few tokens are gaining significant social media traction, driven by major developments and price action. Bitcoin ($BTC): Bitcoin continues to dominate discussions as it unexpectedly broke through its … Read more
Bitcoin buying led by Coinbase launches BTC price action back toward the six-figure mark. Go to Source
Bitcoin’s price surge is attracting a shift in capital flow, with long-term holders selling to short-term, FOMO-driven investors. This dynamic reflects a change in market sentiment as BTC approaches the $100,000 mark. Notably, Bitcoin whales’ unrealized profit ratio sits at approximately 1.2, signaling that the market is not yet overheated despite the rally. For comparison, … Read more
Over the past 30 days, Bitcoin distribution has accelerated, signaling a notable shift in market behavior. Holding Bitcoin ($BTC) is no longer the default strategy for many participants, as evidenced by the Long/Short-Term Holder Supply Ratio dropping to 3.78, the lowest level in this cycle. Amid this redistribution, key demand zones are emerging. While 482,000 … Read more
The new funds add to Grayscale’s expanding suite of single-asset crypto products. Go to Source
Traders’ anticipation of a SOL ETF approval and a $750 price target from Bitwise are fueling traders’ optimism in Solana. Go to Source
Bitcoin’s recent surge to an all-time high of $104,000 awakened long-term holders, who added selling pressure that briefly pulled prices back to $90,000. With dormant BTC re-entering the market, heightened volatility is expected to persist. https://twitter.com/kyledoops/status/1866082880344199247?t=Fc3q1pkNEddgcLEgOZojxg&s=19 In the options market, traders are recalibrating following Bitcoin’s climb past $100K. Options Open Interest (OI) rose to $37.3 … Read more
In a historic moment 5,808 days after Satoshi Nakamoto mined Bitcoin’s first block, the price of a single BTC has soared past $100,000. This milestone marks a remarkable journey for the world’s largest cryptocurrency, cementing its status as a leading asset in the global financial landscape. Institutions are buying #Bitcoin $BTC above $100,000 to build … Read more
Bitcoin ($BTC) soared by 37.3% in November 2024, a significant rally coinciding with the U.S. election month. Historically, December following election months has seen Bitcoin rise by 30%–46%, supporting projections that the cryptocurrency could surpass $100,000. Recent FOMO-inducing developments suggest an even more ambitious target of $115,000 by the end of the month. Institutional players … Read more
