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Cryptocurrency News Articles
Bitcoin (BTC) Enters Price Discovery Mode Again as Greed Grips the Market
Nov 22, 2024 at 03:30 am
Bitcoin has shattered records again, reaching a new all-time high of $97,903 just hours ago. The cryptocurrency market is exciting as Bitcoin leads the charge
Bitcoin price hit a new all-time high in the past hour, continuing its record-breaking rally.
The cryptocurrency last traded at $97,903, reaching the highest price point since joining the market.
Bitcoin price hit a new all-time high in the past hour, continuing its record-breaking rally.
The cryptocurrency last traded at $97,903, reaching the highest price point since joining the market.
The price rally comes as BTC edges closer to the psychological $100,000 level, setting the stage for a possible breakout in the coming days or weeks.
Bitcoin Open Interest Hits ATH
Fresh data from Coinglass revealed another significant milestone — Bitcoin Open Interest hit an all-time high.
This surge in Open Interest indicates a flood of capital entering the market, signaling heightened activity and confidence among traders.
Such metrics further confirm the euphoric state of the market, where optimism reigns supreme and momentum continues to build.
With Bitcoin’s price rallying at an unprecedented pace and market indicators hitting record levels, the stage is set for what many believe to be an almost inevitable breakout above the psychological $100,000 level.
The market’s focus is whether BTC can sustain its trajectory or if a temporary pullback will precede the next leg up.
Either way, the spotlight remains firmly on Bitcoin as it cements its status as the leading force in this explosive bull run.
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- Bitcoin Nears US$100,000 as Trump Presidency Promises to Usher in Crypto Boom
- Nov 22, 2024 at 09:05 am
- Bitcoin closed in on the historic US$100 000 level, fuelled by optimism that President-elect Donald Trump’s support for crypto heralds a boom as the US pivots to friendly regulations in place of a crackdown.
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- Avalanche (AVAX) Faces Critical Challenges Despite Bullish Market Sentiment, Death Cross Looms
- Nov 22, 2024 at 09:05 am
- Avalanche (AVAX) has been one of the notable performers in the cryptocurrency market, recently reaching new heights and breaking into the top 15 cryptocurrencies. Despite the overall positive market sentiment and growing bullishness surrounding AVAX, the token faces critical challenges that could prevent its price from breaking out further.