|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Bitcoin Regains $70K Milestone, Solana Nears $200 Barrier
Mar 30, 2024 at 05:58 pm
Bitcoin has revisited the $70,000 mark once more after dipping beneath it yesterday and failing to decisively overcome it during its recovery. Bitcoin faces a sell-side liquidity crisis as demand hits all-time highs: CryptoQuant; Dogecoin whales accumulate 1.4 billion tokens: Will it reverse the anticipated DOGE price drop? Opportunity? Bitcoin’s Next ‘Clear Target’ is a New All-Time High; AI crypto tokens AGIX, FET, OCEAN surge on $5B merger talks; Bitcoin Cash’s Easter Comeback amid Impressive Price Surge. Some of the altcoins, such as ETH, BNB, DOGE, and SHIB, have painted red on a daily scale, but SOL has outperformed and is close to $200.
Bitcoin Rebounds to $70K Once More, Solana Nears $200
After dipping below $70,000 yesterday and failing to decisively overcome it during its recovery phase, Bitcoin has managed to reclaim the level once again.
Bitcoin Battles Sell-Side Liquidity Crisis as Demand Hits Unprecedented Levels: CryptoQuant
Dogecoin Whales Accumulate 1.4 Billion Tokens: Can It Reverse DOGE Price Predictions?
Bitcoin's Next 'Obvious Target' Is a New All-Time High
Crypto AI Tokens AGIX, FET, and OCEAN Surge Amid $5 Billion Merger Talks
Bitcoin Cash's Easter Comeback Amidst Bullish Price Action
Bitcoin Rebounds to $70K
After a comparatively calm weekend, Bitcoin's trading week began on a positive note, seeing the asset jump from around $64,000 to $66,000 before skyrocketing towards $70,000 on Tuesday.
Bulls continued to push, taking BTC to a fresh 15-day high just under $72,000 on Wednesday. However, the asset was met with a strong rejection there and was driven down to $68,400 shortly after.
Bitcoin initiated an immediate recovery and once again approached $72,000 but to no avail. Another leg down followed, and BTC dropped to $69,200 yesterday. As of now, though, it has managed to reclaim most losses and is sitting just over $70,000.
Its market capitalization remains shy of $1.4 trillion by about $20 billion, and its dominance over altcoins has stalled at 49.7%, as per CoinGecko.
SOL Eyes $200
Solana and Toncoin have emerged as the top performers today. SOL has added close to 6% in a day and is once again close to $200. TON's gains are similar, with the asset climbing above $5.
Ripple, Cardano, Avalanche, Polkadot, Chainlink, and Tron are also in the green, albeit more modestly. BCH has continued to perform ahead of its second halving, which is just days away, and now trades above $600.
In contrast, ETH and BNB have dipped slightly, dragging down the two major memecoins – SHIB and DOGE – with them.
The crypto market cap has remained relatively stagnant on a daily scale and is still below $2.8 trillion.
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.
-
- Crypto All-Stars (STARS) Raises $3M in Presale Funding, Targeting the Next 100x Meme Coin Supercycle
- Nov 06, 2024 at 10:40 pm
- The cryptocurrency market is on the cusp of a major bull run. The Bitcoin price has soared to $70,000 at press time, with investors confident of a Donald Trump victory. New meme coins are also skyrocketing in demand as experts project a ‘meme coin supercycle’ is imminent.
-
- UNI/USDT Analysis Update - Is a Breakout on the Horizon?
- Nov 06, 2024 at 10:30 pm
- The UNI/USDT trading pair is making some interesting moves, capturing attention with a strong performance. After spending some time consolidating within a defined support and resistance structure, UNI is now pressing against a critical resistance line, which could signal an upcoming breakout.
-
- Benjamin Cowen: Veteran Trader Finds Himself at the Center of Controversy Following the Realization of His Bearish Prediction for Cardano (ADA)
- Nov 06, 2024 at 10:30 pm
- Veteran trader and analyst Benjamin Cowen has found himself at the center of controversy following the realization of his bearish prediction for Cardano (ADA).
-
- BitSmiley Launches Bitcoin-Native Stablecoin and Lending Protocol to Reshape the BTC DeFi Ecosystem
- Nov 06, 2024 at 10:30 pm
- BitSmiley aims to reshape the Bitcoin ecosystem by offering BTC holders the ability to mint bitUSD, an overcollateralized stablecoin that provides real DeFi utility within the Bitcoin network.