Articles for tag: Altcoins, Bitcoin, Christmas rally, Cryptocurrency, Henrik Zeberg, Investment Strategies, market trends

Market News

Economist Henrik Zeberg Predicts Bitcoin Will Reach New High Amid X-Mas Rally, But There’s a Catch to Consider.

Economist Henrik Zeberg is optimistic about Bitcoin, despite a recent drop of nearly 10%. He believes the expected “Christmas rally” is still possible, predicting Bitcoin could surpass its all-time high of around $108,200. Currently trading at $101,784, Zeberg warns that after this peak, Bitcoin might see a significant decline to approximately $16,000. He also points ...

Market News

Economist Henrik Zeberg Predicts Bitcoin Will Reach New High Amid X-Mas Rally, But There’s a Catch to Consider.

Economist Henrik Zeberg is optimistic about Bitcoin’s future, even after its recent 10% dip. He believes a “Christmas rally” is still on track and predicts Bitcoin will soar past its record high of around $108,200 to achieve a new all-time high. However, he warns that after this peak, Bitcoin could drop significantly, potentially reaching around ...

Market News

Bitcoin Reaches $104K as XRP, AVAX, and Solana Traders Cash In on Profits

The cryptocurrency Market faced a 4% decline, falling to around $3.8 trillion. Bitcoin’s price dropped 2% to about $104,600, while major altcoins like XRP, Solana (SOL), and Avalanche (AVAX) experienced losses exceeding 5%. This sell-off was triggered by the Federal Reserve’s forecast of fewer interest rate cuts in 2025, leading traders to take profits after ...

Market News

Traders Anticipate Fed Rate Cut as Bitcoin, XRP, and Solana Surge, Boosting Market by $130 Billion

The cryptocurrency Market reached a new high of $3.73 trillion, gaining $12.5 billion recently, driven mostly by Bitcoin’s surge to $108,135. Other cryptocurrencies like Ethereum, Solana, and Litecoin also saw significant increases, especially after U.S. authorities acted against a North Korean crypto laundering network, boosting demand for privacy-focused coins such as Monero. As traders prepared ...

Market News

Reversion to Altcoin Dynamics: Unveiling Trends and Opportunities in Cryptocurrency Market Shifts

Bitcoin’s recent surge to new highs has revitalized the cryptocurrency Market, pushing its total Market cap to $1.49 trillion. Historically, Bitcoin often leads the way for altcoins, and this trend seems to be repeating itself. As investors increasingly turn to altcoins for greater profit potential, traditional altcoin projects are trying to regain footing after a ...

Market News

Crypto Market Surge: Key Factors Behind Today’s Positive Momentum

Bitcoin has soared past the $100,000 mark following the release of November’s inflation data, which met expectations with a yearly increase of 2.7%. This has led many investors to speculate that the Federal Reserve may lower interest rates by 25 basis points soon. The overall cryptocurrency Market also surged by over 4%, with popular altcoins ...

Market News

Bitcoin Flash Crash Impacts Meme Coins: How Doge, Shiba, and Pepe are Affected in the Market Downturn

Bitcoin recently fell almost 10% from its all-time high, dragging down the prices of many altcoins and popular meme coins like Dogecoin and Shiba Inu. This flash crash has abruptly ended the altcoin season, with technical indicators showing mixed signals for Bitcoin’s future. Meme coins saw significant losses, erasing nearly 15% in Market capitalization. Despite ...

Market News

Exploring the Rise of Altcoins in 2024: Trends and Insights into the Future of Cryptocurrency

FBS, a prominent global broker, has announced the resurgence of alt-season in the cryptocurrency Market, highlighting the rising popularity of altcoins. In 2024, projects like Fetch.ai are incorporating AI into blockchain technology, while Layer 2 solutions such as Arbitrum are boosting scalability. Meme coins like Dogecoin are also playing a role in diversifying the Market. ...

Market News

Crypto Market Crash Causes $1.5 Billion Liquidations as Bitcoin Plummets Below $95,000: What You Need to Know

The cryptocurrency Market experienced a sharp decline recently, with Bitcoin dropping to around $94,100 and causing $1.5 billion in liquidations that affected over 514,000 traders. Most liquidations came from long positions, with significant losses reported for Bitcoin and Ethereum. The Market capitalization fell by 7.5%, resulting in double-digit percentage drops for many altcoins like Ripple ...

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