Bitcoin Reclaims $93,000: Could Altcoins Rebound Amid Predictions Of An Upcom...
Bitcoin (BTC) has continued its relief rally since the start of the week, successfully reclaiming the significant $93,000 mark on Wednesday afternoon. This uptick in the cryptocurrency’s price has sparked mixed sentiments among experts regarding its future direction. Analysts Warn Of Resistance Ahead For Bitcoin IG analyst Chris Beauchamp highlighted the cautious optimism among Bitcoin enthusiasts, who are wary after witnessing numerous false recoveries in recent months. He noted that there appears to be a shift in risk appetite within the stock market, which is gradually spilling....
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Amid the recent market recovery, Ethereum (ETH) is retesting a key level as support for the first time in a week, leading some market watchers to suggest that the highly anticipated end-of-year run may be delayed for a few more weeks. Related Reading: Trump Media Takes $55M Hit As Bitcoin Holdings Surge In Value Ethereum Eyes Next Key Level On Monday, Ethereum retested a crucial level after reclaiming it during the Sunday rebound. The cryptocurrency has been trading within the $3,100-$3,500 range after last week’s market shakeout, briefly hitting a four-month low of $3,057. Over the....
Bitcoin advanced Tuesday after falling 8.5 percent in the previous session, displaying bullish continuation signs amid global re-risking sentiment.
Amid the election excitement, decentralized predictions site Polymarket has become the fourth-highest blockchain project by fees generated.
Positive sentiment around Bitcoin, the largest cryptocurrency asset, is increasing significantly in the space as the coin is seeing a wave of bullish predictions from several market experts and enthusiasts, solidifying its stance as a leader in the general market. Bitcoin Dominance Enters A Crucial Zone As the market continues to rebound as a whole, […]
LPT, COTI and AXS lead altcoins higher after ETH hits $3,000 and Bitcoin bulls take control of $43,000. The sharp correction that threatened to pull Bitcoin and altcoin prices back toward their sing lows appears to have dissipated now that Evergrande informed investors that it intends to make an on-time payment on its debt. With global markets feeling reassured, major equities, Bitcoin and altcoins prices all saw a rebound at the market open. After a swift drop below $40,000 on Sept.21, BTC now trades above $43,300 and Ether (ETH) has reclaimed the $3,000 level. Altcoins have also seen a....