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QCP Capital’s latest market update highlights the influence of the upcoming U.S. elections on financial markets, with a particular focus on cryptocurrencies like bitcoin (BTC). Analysts predict increased volatility as the elections near, with potential outcomes shaping investor sentiment and price movements. QCP Analysts Link U.S. Elections to Crypto Market Movements QCP Capital‘s analysts observe … Read more
As of Oct. 22, 2024, bitcoin (BTC) is priced at $67,058.95, fluctuating within a 24-hour range of $66,669 to $68,268. With a market cap of $1.32 trillion and a daily trading volume hitting $44.03 billion, the digital currency appears to be in a consolidation phase, according to technical indicators. These indicators suggest that while things … Read more
While bitcoin is up 4.6% this past week and ethereum gained 5.2% over the seven day run, a large number of crypto assets saw double-digit weekly gains and some managed to capture triple-digit rises. The leaders of the pack this week included GOAT and APE which rose 191% to 102% respectively. While Bitcoin Remained Steady, … Read more
Since Jan. 1, bitcoin has climbed over 62% in the last 293 days. Throughout 2024, meme coins have managed to grab the spotlight in terms of market performance, with one clear leader: giga chad (GIGA). This digital asset surged an astonishing 123,929.02% against the dollar since the year kicked off. Following in GIGA’s wake, several … Read more
On Friday, bitcoin reached its highest price since late July, coming within just $2 of breaking through the $69,000 mark. Recent data shows the cryptocurrency market has been on a consistent upward trend, with the entire digital asset economy now valued at $2.35 trillion, reflecting a 2.63% rise over the last day. Crypto Market Rallies, … Read more
Bitcoin (BTC) enjoyed a 2.20% boost driven by rising spot demand, briefly touching $68,000 before settling at $67,000, according to Singapore-based digital asset trading firm QCP Capital. The firm highlighted strong options activity and inflows into exchange-traded funds (ETFs), with analysts pointing to a growing wave of optimism in the market. Bitcoin Inches Toward Record … Read more
Bitcoin prices have jumped by over 5%, reaching a ten-week peak at $67,800, as demand for the digital asset has climbed steadily. This increased interest comes from spot exchange-traded funds (ETFs) and significant bitcoin accumulation by large investors, commonly known as “whales,” according to research from Cryptoquant. Cryptoquant: Bitcoin Prices Surge as Demand from Spot … Read more
Based on market data, goatseus maximus (GOAT), a meme coin generated by an artificial intelligence (AI) bot, has been steadily increasing in value since its introduction. Over the past 24 hours, it has appreciated by 132% against the U.S. dollar. From AI Bot to Major Crypto Exchanges: GOAT Climbs 546% in a Week It’s hard … Read more
QCP Capital analysts have noticed a significant rise in bitcoin (BTC), comparing it to similar patterns seen before past U.S. elections. Their latest report delves into the influence of historical price movements, current market dynamics, and upcoming events on the cryptocurrency’s future course. QCP Capital Eyes Bitcoin’s Election-Year Rally Potential In its latest review, QCP … Read more
In the midst of a more optimistic crypto market, both bitcoin and ethereum have enjoyed steady growth, climbing by 3.13% and 3.61%, respectively, over the past week. Additionally, several other digital currencies experienced even more significant increases, with spx6900 (SPX) stealing the spotlight by skyrocketing 107.2%, making it the standout performer of the week. Crypto … Read more
