Bitcoin’s 30-day correlation with the NASDAQ 100 has reached 70%, indicating that it is increasingly influenced by macroeconomic factors like the tech sector. Analysts at Matrixport suggest this trend may not last, hinting at a potential divergence from tech stocks soon. Additionally, the upcoming movement of $1 billion in Bitcoin by Mt. Gox could create ...
KAITO, an altcoin, has dipped slightly from its recent peak of $2.92 and is currently trading at $2.22, just below a key resistance level of $2.26. Its recovery is largely tied to Bitcoin’s performance, as both coins are increasingly correlated. If Bitcoin continues to rise from its recent low, KAITO may follow suit. However, traders ...
As we look ahead to 2025, many investors are on the hunt for underrated cryptocurrencies with breakout potential. Litecoin, often referred to as “digital silver,” fits the bill perfectly. Despite being down from its all-time high, Litecoin has shown strong growth this year and could see even more impressive gains next year. With a Market ...
As we look ahead to 2025, investors are searching for undervalued cryptocurrencies with breakout potential. Litecoin, often referred to as “digital silver,” fits this description, trading significantly below its all-time high. With a Market cap nearing $8 billion, Litecoin has a proven history of rapid price increases. Its status as a less risky cryptocurrency makes ...
