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Cryptocurrency News Articles
Bitcoin (BTC) Price Prediction: Market Observation Highlights Potential Turning Point in 2025
Jan 03, 2025 at 11:06 am
Bitcoin remains at the center of attention for professional investors and traders, with its volatility bringing significant profit potential. After hitting a record high, the price of Bitcoin has slightly corrected, and market analysts expect an important turning point in 2025.
Bitcoin price analysis: BTC stalls at $97K as XRP, SOL, DOGE shine with market dominance
Bitcoin price showed signs of stalling on Tuesday morning in Asia, with a slight decrease in market dominance. However, key altcoins like XRP, Solana (SOL), and Dogecoin (DOGE) demonstrated resilience with market dominance.
Bitcoin price was trading at $96,651 by 09:30 HKT, showing a 2.9% increase over the past 24 hours. BTC price also dropped slightly over the past seven days.
Meanwhile, XRP price surged by 6.2% to $0.968, SOL price increased by 3.4% to $344, and DOGE price rose by 2.2% to $0.097.
Data from Coinglass showed that large transaction volume fell by 35.4%, while daily active addresses also decreased slightly. However, market sentiment remained optimistic about the long-term prospects of Bitcoin and altcoins, thanks to ETF inflows and the continued improvement of the regulatory environment.
After hitting a record high, the price of Bitcoin has slightly corrected, and market analysts expect an important turning point in 2025. Meanwhile, Robert Kiyosaki, author of “Rich Dad Poor Dad,” predicts that the price of Bitcoin could soar to $175,000 to $350,000.
BlackRock’s iShares Bitcoin Trust (IBIT) has performed well and set a new benchmark for the ETF market. Despite the challenges faced by the Ethereum network, its ETF still hit a record high in inflows in December last year. In addition, BlackRock’s Bitcoin ETF exceeded $50 billion in size less than 11 months after its launch, becoming an important milestone in the history of ETFs.
Market sentiment generally shows bullish, with experts expecting Bitcoin adoption to increase significantly. Galaxy Research said that by 2025, five countries may invest in Bitcoin as a strategic asset. At the same time, Switzerland plans to launch a referendum on the Bitcoin proposal, and if 100,000 signatures are collected by June 2026, the proposal will enter the next stage.
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.
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- Rexas Finance (RXS): A Disruptive Rising Star Challenging the Cryptocurrency Top 10
- Feb 08, 2025 at 11:11 am
- Altcoins always fight for a place among the sought-after top 10, making the market as competitive as it is dynamic. Some very interesting candidates are making strong arguments for breaking through. Chainlink (LINK), Avalanche (AVAX), Rexas Finance (RXS), and Stellar (XLM) stand out because of their special products, creative innovations, and rising investor interest. These initiatives are ready to reshape the cryptocurrency scene and position themselves as leaders in their domains.
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- Ethereum Price Journey Towards $4,000 Resistance
- Feb 08, 2025 at 11:11 am
- ETH maintains its position above $2,700 while moving steadily toward the important resistance point at $4,000. If Ethereum breaks through this resistance level successfully it could generate an extensive upward movement which will propel its price to new all-time highs.
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- Dave Portnoy Made $68,000 From Buying and Selling Solana Meme Coins, Raising Security Concerns
- Feb 08, 2025 at 11:11 am
- Dave Portnoy, the founder of Barstool Sports, has made $68,000 from buying and selling Solana meme coins. However, his high-risk trade also revealed his Solana wallet address, raising questions about security and transparency.
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- Anonymous BTC Whale Sells 100% Bitcoin Holdings To Buy WallitIQ (WLTQ) For 80,000% ROI In Q1 2025
- Feb 08, 2025 at 11:11 am
- An anonymous BTC whale, holding a $260 million portfolio, has ignited an insane magnitude of FOMO among smart crypto investors. He reveals why he sold his Bitcoin stash to buy WallitIQ (WLTQ) presale token selling for a low $0.042.
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