Data News > BTCUSD Recent News Highlights
BTCUSD Recent News Highlights
By KlickAnalytics Data Insights | November 29, 2024 09:09AM ET
Bitcoin (BTC) has been consolidating below the $100,000 psychological resistance since breaking out of a seven-month downtrend in November. Now, traders are cautiously looking at key levels that BTC needs to reclaim before trying a new price rally above $100k.
The cryptocurrency industry has been making bullish moves since early Asian trading hours today. As a result, the global market cap has risen by 1.89% to $3.38 trillion. However, the trading volume has dropped notably by 25.45% to $148.18 billion.
TON Teleport BTC's white paper has introduced the public to an innovative method to connect the Bitcoin and TON ecosystems. TON expects the new introduction to create a seamless bridge for cross-chain transactions.
Bitcoin (BTC) held steady on Friday, easing slightly from its record high of $99,655 as U.S. markets slowed in observance of the Thanksgiving holiday.
A dozen Bitcoin ETFs in the U.S. have attracted $6.2 billion in November, nearing a monthly inflow record as Bitcoin hovers near $100,000. Spot Bitcoin exchange-traded funds are on track for their strongest month yet, with $6 billion in inflows.
If the price of Bitcoin ($BTC) hits $150,000, one analyst believes Sui Network's native $SUI coin could hit a potential high of $28. This is more than 7X its all-time high (ATH) of $3.92, posted on November 17 this year. The bullish forecast was tweeted by “madness.sui” (X handle @lfgmadness).
Bitcoin (BTC) has been consolidating above the $90,000 support zone for the last ten days, reaching its latest all-time high (ATH) of $99,645 about a week ago. Since then, the cryptocurrency has closed below a short-term downtrend line, failing to break above it and potentially risking a drop to two-week lows.
For weeks, altcoins have hinted at a potential breakout, with signs they may soon outperform Bitcoin (BTC), which has dominated the market for most of the year. However, not all the most talked-about altcoins trending today have seen price gains in the last 24 hours.
Fred Thiel, CEO of Marathon Holdings (NASDAQ:MARA), expressed gratitude for the company's achievements this Thanksgiving, highlighting a record market cap and mining success. Thiel commended the efforts of his team at MARA.
Microstrategy, a business intelligence firm, has borrowed billions at 0% to continue buying Bitcoin, revealing market players' expectations for the future of the cryptocurrency.
A top analyst who accurately called the end of the 2022 crypto bull market believes Ethereum (ETH) is poised to rally in both its Bitcoin (ETH/BTC) and US dollar pairs. Analyst Pentoshi sees potential for ETH to increase following a support level at 0.30 BTC.
Matt Hougan, CIO of Bitwise, predicts that the entrance of new “value” players into the market will reduce volatility in bitcoin prices.
BTC price momentum strengthens as traders remain bullish on Bitcoin heading into the last Wall Street open of the week.
The Bitcoin bull market is underway as the BTC price reclaims the crucial $97,000 level, signaling renewed bullish sentiment from both traders and institutions.
Bitcoin is on the verge of hitting $100,000 per coin, with the price steadily climbing towards this historic milestone after a recent correction.
The Open Network (TON) has introduced a trustless cross-chain bridge called TON Teleport BTC to integrate Bitcoin liquidity into its ecosystem, enhancing connectivity and utility.
Bitcoin bulls are increasing their 2025 price predictions following regulatory developments triggered by Donald Trump's election.
In a significant move, Chinese gaming giant Boyaa Interactive has swapped Ethereum for Bitcoin, adding to the wave of institutional interest in the cryptocurrency.
Bitcoin whales accumulated 16,000 BTC worth $1.5 billion during a recent dip to $91,000, taking advantage of the lower prices to increase their holdings.
Overall, Bitcoin continues to show resilience and potential for further growth, with various factors contributing to its current bullish momentum. Traders and investors are closely watching key levels and developments in the market as BTC approaches the $100,000 milestone.
For more information:
Seasonality Analysis Volatility Analysis Price Distribution Analysis
The cryptocurrency industry has been making bullish moves since early Asian trading hours today. As a result, the global market cap has risen by 1.89% to $3.38 trillion. However, the trading volume has dropped notably by 25.45% to $148.18 billion.
TON Teleport BTC's white paper has introduced the public to an innovative method to connect the Bitcoin and TON ecosystems. TON expects the new introduction to create a seamless bridge for cross-chain transactions.
Bitcoin (BTC) held steady on Friday, easing slightly from its record high of $99,655 as U.S. markets slowed in observance of the Thanksgiving holiday.
A dozen Bitcoin ETFs in the U.S. have attracted $6.2 billion in November, nearing a monthly inflow record as Bitcoin hovers near $100,000. Spot Bitcoin exchange-traded funds are on track for their strongest month yet, with $6 billion in inflows.
If the price of Bitcoin ($BTC) hits $150,000, one analyst believes Sui Network's native $SUI coin could hit a potential high of $28. This is more than 7X its all-time high (ATH) of $3.92, posted on November 17 this year. The bullish forecast was tweeted by “madness.sui” (X handle @lfgmadness).
Bitcoin (BTC) has been consolidating above the $90,000 support zone for the last ten days, reaching its latest all-time high (ATH) of $99,645 about a week ago. Since then, the cryptocurrency has closed below a short-term downtrend line, failing to break above it and potentially risking a drop to two-week lows.
For weeks, altcoins have hinted at a potential breakout, with signs they may soon outperform Bitcoin (BTC), which has dominated the market for most of the year. However, not all the most talked-about altcoins trending today have seen price gains in the last 24 hours.
Fred Thiel, CEO of Marathon Holdings (NASDAQ:MARA), expressed gratitude for the company's achievements this Thanksgiving, highlighting a record market cap and mining success. Thiel commended the efforts of his team at MARA.
Microstrategy, a business intelligence firm, has borrowed billions at 0% to continue buying Bitcoin, revealing market players' expectations for the future of the cryptocurrency.
A top analyst who accurately called the end of the 2022 crypto bull market believes Ethereum (ETH) is poised to rally in both its Bitcoin (ETH/BTC) and US dollar pairs. Analyst Pentoshi sees potential for ETH to increase following a support level at 0.30 BTC.
Matt Hougan, CIO of Bitwise, predicts that the entrance of new “value” players into the market will reduce volatility in bitcoin prices.
BTC price momentum strengthens as traders remain bullish on Bitcoin heading into the last Wall Street open of the week.
The Bitcoin bull market is underway as the BTC price reclaims the crucial $97,000 level, signaling renewed bullish sentiment from both traders and institutions.
Bitcoin is on the verge of hitting $100,000 per coin, with the price steadily climbing towards this historic milestone after a recent correction.
The Open Network (TON) has introduced a trustless cross-chain bridge called TON Teleport BTC to integrate Bitcoin liquidity into its ecosystem, enhancing connectivity and utility.
Bitcoin bulls are increasing their 2025 price predictions following regulatory developments triggered by Donald Trump's election.
In a significant move, Chinese gaming giant Boyaa Interactive has swapped Ethereum for Bitcoin, adding to the wave of institutional interest in the cryptocurrency.
Bitcoin whales accumulated 16,000 BTC worth $1.5 billion during a recent dip to $91,000, taking advantage of the lower prices to increase their holdings.
Overall, Bitcoin continues to show resilience and potential for further growth, with various factors contributing to its current bullish momentum. Traders and investors are closely watching key levels and developments in the market as BTC approaches the $100,000 milestone.
For more information:
This article was generated by KlickAnalytics automated data insight content engine.
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