Key points: Bitcoin holding $100,000 as a level of support would confirm the current trend change. Ether leads among altcoins, and DeFi tokens could follow. Bitcoin (BTC) broke above the psychologically critical $100,000 level on May 8, and the bulls are trying to hold on to the level on May 9. In an X post, CoinGlass said that Bitcoin’s rally resulted in $837.80 million in short liquidations in a 24-hour period, the largest since 2021. Bitcoin’s rally also lifted several major altcoins, which soared above their respective overhead resistance levels.…
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Gold Hits Historic $3,038: Geopolitical Heat, Trump Policies Ignite Rally
On Tuesday, March 18, 2025, gold soared to an unprecedented zenith, breaching the $3,038-per-ounce threshold in spot trading—a historic pinnacle fueled by simmering global anxieties. Analysts attribute this rally to a confluence of destabilizing forces: escalating friction between Israel, Hezbollah, and Iran; strained U.S.-Iran diplomacy; recurrent Houthi maritime disruptions; and the reverberations of President Donald […] Source link
Read MoreThis Rare Bitcoin Buy Signal Could Ignite Next BTC Rally
Bitcoin has been struggling with lower lows in recent weeks, leaving many investors questioning whether the asset is on the brink of a major bear cycle. However, a rare data point tied to the US Dollar Strength Index (DXY) suggests that a significant shift in market dynamics may be imminent. This bitcoin buy signal, which has only appeared three times in BTC’s history, could point to a bullish reversal despite the current bearish sentiment. For a more in-depth look into this topic, check out a recent YouTube video here:Bitcoin: This…
Read MoreEthereum’s Pectra upgrade could lay groundwork for next market rally
Ethereum’s highly anticipated Pectra upgrade could set the stage for the next phase of the 2025 crypto market cycle, according to analysts, even as Ether continues to underperform Bitcoin. The Ether (ETH) price fell over 32% during February, finding a local bottom at an over two-month low of $2,073 before recovering to the current $2,245 mark, Cointelegraph Markets Pro data shows. ETH/USD, 1-year chart. Source: Cointelegraph Ethereum’s upcoming Pectra upgrade, scheduled for March 5, could help ease long-term selling pressure, according to Gabriel Halm, a research analyst at blockchain intelligence…
Read MoreXRP Price Watch: XRP Surges 3.9% – Is a New Rally Underway?
XRP price: $2.23, up 3.9% in the past 24 hours, with a market capitalization of $129.31 billion and a trading volume of $2.71 billion, as the cryptocurrency moved within an intraday range of $2.14 to $2.29. XRP On the 1-hour chart, XRP demonstrated a bullish trend as short-term momentum indicated continued buying pressure. The relative […] Source link
Read MoreSpeculation Reigns Around the Relentless XRP Rally: Does It Still Have Legs?
The recent rally, which has taken XRP prices from below $0.50 to over $2.61, has analysts and experts pondering the situation and considering the following scenarios for the currency. Some still believe it has the potential to keep growing, while others think a correction is due. XRP Rally Watch: Analysts Ponder Likely Scenarios for Ripple’s […] Source link
Read MorePolygon (MATIC) rally comes to an end as competitors devour market share
Polygon’s native token (MATIC) experienced a 16.4% rally that coincided with the launch of Polygon 2.0 Goreli testnet on Oct. 4. However, the resistance at $0.60 proved stronger than anticipated, and was followed with a 10.6% decline over the six days leading into Oct. 10. This decline was exacerbated by negative news regarding the departure of a key co-founder and weak activity in Polygon’s zero-knowledge (ZK) rollup subnet. Polygon (MATIC) 12-hour price, USD. Source: TradingView MATIC’s price has wiped out previous gains from the early October rally, erasing the bullish…
Read MoreLitecoin halving is 13 days away — So where is the LTC price rally?
Bitcoin (BTC) is still almost a year away from its next block reward halving, but Litecoin (LTC) miners are already bracing for impact. In less than two weeks, Litecoin’s block subsidy will drop from 12.5 LTC to 6.25 LTC per block. Whales stock up on LTC — but BTC value stays weak Despite its fair share of controversy, Litecoin remains the 12th-largest cryptocurrency by market cap at around $6.8 billion. Its miners currently rake in 7,200 LTC in block rewards daily, equal to around $670,000. As the halving nears, major…
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