Here’s How High The Bitcoin Price Would Be If It Catches Up With The Stock Ma...
The US stock market has just achieved a historic milestone, closing at its highest weekly levels ever recorded. The S&P 500 finished the week at 6,791.68 while the US 100 Index reached 25,358.15, both setting new all-time highs. Easing inflation data, strong corporate earnings, and expectations of Federal Reserve rate cuts have all combined to keep investor sentiment bullish. Amid this record-setting environment, crypto analyst Ash Crypto posted an observation on X that asks the question of how high Bitcoin would trade when it finally catches up to the US stock market. US Stock Market’s....
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Two days ago on November 30, the price of bitcoin (BTC) tapped a high that day reaching $59,250 per unit, but it has since dropped close to 5% in value to just above the $56K region. Onchain statistics indicate that whales and long-term holders (LTHs) have been spending over the last month and blockchain parsers have witnessed enormous movements in recent days.
Btcparser 3 Spots Droves of Bitcoin From Cold Wallets Move to Active Exchanges
On the first two days of December, there have been some massive bitcoin (BTC) whale movements stemming from long-term bitcoin holders. On....
The XRP price has been characterized by bullish predictions throughout this month. Crypto analysts have put forward countless analyses about why the altcoin is poised for a massive rally. Another analyst has joined the ranks of the bullish, putting the XRP price as high as $250. Here’s When The XRP Price Will Get To $250 […]
The recent Bitcoin rally to as high as $42,000 has been predominantly been driven by institutional investors suddenly waking up and realizing the asset’s long-term value potential. Buying in now, means not paying ultra-high prices some day down the line if it ultimately catches on. And while FOMO from wealthy individuals seeking to protect that […]