Market Cap: $2.6762T -1.240%
Volume(24h): $130.1449B 61.270%
  • Market Cap: $2.6762T -1.240%
  • Volume(24h): $130.1449B 61.270%
  • Fear & Greed Index:
  • Market Cap: $2.6762T -1.240%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$83571.608249 USD

-1.38%

ethereum
ethereum

$1826.028236 USD

-3.02%

tether
tether

$0.999839 USD

-0.01%

xrp
xrp

$2.053149 USD

-2.48%

bnb
bnb

$601.140115 USD

-0.44%

solana
solana

$120.357332 USD

-3.79%

usd-coin
usd-coin

$0.999833 USD

-0.02%

dogecoin
dogecoin

$0.166175 USD

-3.43%

cardano
cardano

$0.652521 USD

-3.00%

tron
tron

$0.236809 USD

-0.59%

toncoin
toncoin

$3.785339 USD

-5.02%

chainlink
chainlink

$13.253231 USD

-3.91%

unus-sed-leo
unus-sed-leo

$9.397427 USD

-0.19%

stellar
stellar

$0.266444 USD

-1.00%

sui
sui

$2.409007 USD

1.15%

Cryptocurrency News Articles

Bitcoin Breaks Key Support Level — Bad Sign?

Jan 08, 2025 at 08:45 pm

Bitcoin Breaks Key Support Level — Bad Sign?

As Bitcoin fiyatı several times now crossed the landmark $100,000 mark, a moment that many had long anticipated, Binance founder Changpeng Zhao recently downplayed the milestone, jokingly calling it “boring.” While his remark might seem offhand, it opens up a bigger question: where does Bitcoin go from here?

Institutions are showing increasing interest in Bitcoin, with billions of dollars pouring into Bitcoin and Ethereum-focused exchange-traded products. Companies that hold Bitcoin as part of their reserves are seeing a surge in demand for their shares. Several countries, including the United States, are considering the strategic benefits of holding Bitcoin in their reserves.

Against this backdrop, financial research firm Steno Research is projecting a stellar year for cryptocurrencies in 2025. Their analysis, which anticipates Bitcoin reaching $150,000 and Ethereum hitting $8,000, aligns with the broader optimism within the market.

Historical patterns suggest that Bitcoin's current momentum may continue until a major correction or a prolonged consolidation phase. With resistance levels in sight, the next battleground for bulls and bears is likely to be in the $110,000 to $120,000 range.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Apr 03, 2025