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Cryptocurrency News Articles
Cryptocurrency Markets Are Trading Higher, with Bitcoin Approaching $100,000, Solana ETF Talks Picking Up Steam and XRP Gaining on Gary Gensler Announcing His Resignation on Donald Trump's Inauguration Day
Nov 22, 2024 at 06:04 am
Notable Statistics: Notable Developments: Top Gainers: Trader Notes: With Bitcoin prices chasing the all-time high levels, crypto trader Kaleo tweeted "Bitcoin is
Crypto markets show little sign of slowing down, with Bitcoin (CRYPTO: BTC) now just a stone's throw away from the key psychological level of $100,000.
Meanwhile, talks of a Solana (CRYPTO: SOL) ETF are picking up steam, and XRP (CRYPTO: XRP) is gaining following news of Gary Gensler announcing his resignation on Donald Trump's inauguration day.
Here are the key statistics, notable developments, and top gainers for Jan. 19.
Notable Statistics:
Top Gainers:
Trader Notes:
As Bitcoin prices chase the all-time high levels, crypto trader Kaleo tweeted "Bitcoin is currently one Ethereum away from $100,000."
Crypto markets are showing no signs of slowing down as Bitcoin continues its relentless march toward the key psychological level of $100,000.
After a brief period of consolidation, Bitcoin prices surged past the $90,000 level on Thursday morning and continue to trade close to this level.
If Bitcoin prices continue to rise at the current rate, it could reach the $100,000 level within the next few days or weeks.
This would mark a new all-time high for Bitcoin and would be a major milestone for the world's leading cryptocurrency.
Several factors are driving the demand for Bitcoin and other cryptocurrencies, including rising inflation, geopolitical tensions, and increasing institutional interest.
As a result of this strong demand, crypto markets have performed exceptionally well in 2023, with Bitcoin prices up by more than 100% year-to-date.
While some traders are expecting Bitcoin prices to continue rising sharply in the coming months, others believe that the market is due for a correction.
It remains to be seen whether Bitcoin prices will be able to sustain the current rally and reach the $100,000 level.
However, the strong demand for crypto markets is showing no signs of abating.
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！
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- Cboe BZX Exchange has submitted four 19b-4 filings for asset managers Bitwise, VanEck, 21Shares and Canary Capital to list spot Solana exchange-traded funds (ETFs) — the same day the Securities and Exchange Commission chief confirmed he will resign in Jan
- Nov 22, 2024 at 01:15 pm
- If approved, the Bitwise, VanEck, 21Shares and Canary Capital-issued spot Solana SOL $260.43 ETFs would be listed on the Chicago Board Options Exchange
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- Will SOL Reach $400? Solana Has Been on an Extraordinary Growth Streak This Year, Cementing Its Place as a Leading Blockchain Platform
- Nov 22, 2024 at 01:10 pm
- Recent reports show that Solana now holds the title of the blockchain with the highest global traffic share in 2024. This achievement has brought considerable attention to the Solana network
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- Shopping for Altcoins? Three Standout Altcoins—NEAR Protocol (NEAR/USDT), Cosmos (ATOM/USDT), and Polkadot (DOT/USDT)—Are Presenting High-Conviction Setups
- Nov 22, 2024 at 12:55 pm
- Bitcoin (BTC/USDT) is once again flirting with the $100K level, but this time, it’s not alone in the spotlight. Ethereum has finally woken up, signaling the long-awaited start of altcoin season.
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