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Cryptocurrency News Articles
MicroStrategy Continues Bitcoin Acquisition Streak
Jan 07, 2025 at 01:33 am
MicroStrategy has announced the acquisition of 1,070 Bitcoin (BTC) for approximately $101 million, averaging $94,004 per BTC.
Bitcoin (BTCUSD) price breached the 100K mark once again on January 5, 2025, following a strong bullish recovery from the 91K support.
After surging to a new all-time high above $100,000 earlier in the day, Bitcoin faced a steep bearish correction. However, the cryptocurrency found support around 91K, triggering a bullish reversal.
Interestingly, Bitcoin's return to 100K seems to be primarily driven by spot demand rather than leverage, as open interest and funding rates showed limited changes.
The H1 chart reveals an uptrend, with the price bouncing multiple times at the trend line, continuing its bullish path. The price broke above the 100K level, making a bullish breakout on the intraday charts. This could be significant as it's the first time the cryptocurrency has surged back towards 100K after the holiday period.
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- Bitcoin Revisits the Pivotal $100,000 Milestone, Coinbase Premium Index Turns Positive
- Jan 08, 2025 at 10:45 am
- With a significant move at the start of the week, Bitcoin has revisited the pivotal $100,000 milestone once again. This move has triggered a wave of fresh optimism among crypto enthusiasts as several key metrics have also seen positive movements alongside the recent upswing.
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- Bitcoin (BTC) Price Eyes Imminent Breakout as Whale/ Institutional Interest Drives Bullish Sentiment
- Jan 08, 2025 at 10:45 am
- By press time, the BTC price exchange was at $97,068 with a market cap of $1.918 Trillion. Consecutively, the global market cap reverted to $3.5 Trillion, while the 24-hour trading volume is at $183 Billion.
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- Binance Coin (BNB) Poised to Repeat 2021's 744% Rally, Target $5,980 by 2025
- Jan 08, 2025 at 10:45 am
- In 2021, Binance Coin (BNB) witnessed an extraordinary 744% surge just 262 days after the Bitcoin halving. Fast forward to 2025, and market observers are drawing some similarities between current price action and the historic rally.
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- Top 5 Crypto Picks for 2025: Leading with Innovation
- Jan 08, 2025 at 10:45 am
- As we approach 2025, the cryptocurrency market is brimming with opportunity. For those looking to broaden their holdings, identifying the most promising digital assets is crucial. This guide highlights five exceptional crypto picks for 2025—BlockDAG (BDAG), Avalanche (AVAX), SUI, Aptos (APT), and Fantom (FTM). Each coin is at the forefront of innovation and growth potential.
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- Ripple (XRP), Stellar (XLM), and IOTA (IOTA) Price Forecast
- Jan 08, 2025 at 10:45 am
- Cryptocurrency prices suffered a big reversal as concerns about a highly hawkish Federal Reserve led to a sell-off of risky assets. Bitcoin price plunged from this week's high of $102,000 to below $97,000, while the crypto fear and greed index dropped to the neutral zone of 57.