6 days ago
Bitcoin’s price actions took a turn for the better in the past few days, and the asset jumped to $84,000 for the first time in about a week. The altcoins have also charted impressive gains over the last 24 hours, with SOL emerging as the top performer from the largest 10 alts. BTC Eyes $84K It was another wild trading week in the cryptocurrency space, mostly due to US President Trump’s ongoing Trade War with multiple countries. We talked a lot about the moves he made, the retaliation, as well as how each development caused substantial volatility in the market, you can check that here . Overall, BTC’s weekly low was quite painful. It came on Monday (and was almost mimicked on Wednesday) when the asset plunged to a five-month low of just over $74,000. Thus, it had dropped by $14,000 since the previous Wednesday. However, the cryptocurrency reacted well to the tariff pause against nearly every country (aside from China, when the situation escalated) and jumped above $82,000 on Wednesday evening. Perhaps driven by the favorable US CPI data for March, bitcoin kept climbing and tapped $84,000 on Friday and earlier on Saturday for the first time since the previous weekend. It now stands close to that level, with its market cap rising to $1.660 trillion on CG, and its dominance over the alts at 60.5%. BTCUSD. Source: TradingView SOL Rises Most altcoins have turned green today, and the larger caps are led by Solana’s native token. SOL has gained around 6% and now sits close to $125 after slipping into two-digit territory earlier this week. Ethereum stands at $1,600, XRP is well above the coveted $2 support, DOGE is up by 3.5%, while TRX has tapped $0.25. In contrast, TON and HBAR are with minor losses. PI has gained the most from the top 50 alts, having surged by 12% and trading above $0.65. ONDO follows suit with a 6% increase. The total crypto market cap is up by over $50 billion overnight to $2.745 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post BTC Price Taps a Weekly High, 6% Jump Takes SOL to $125 (Weekend Watch) appeared first on CryptoPotato .
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‘We Shouldn’t Be Tapping Out Just Yet’: Guy Turner Says Crypto Bear Market Not Starting Soon – Here’s His Outlook
A widely followed crypto analyst says that investors should continue hanging on as we are nowhere near the start of the next crypto bear market. In a new video update , Guy Turner, the host of Coin Bureau, tells his 2.66 million YouTube subscribers that the markets are still way too bullish for traders to be thinking about a bear market starting anytime soon, despite the industry taking a “pounding” recently. According to Turner, we’re still very much in Bitcoin ( BTC ) season as BTC dominance is still on the rise. He notes that when it comes time to flip to altcoin season, which appears to be coming soon, the top 10 altcoins by market cap will likely see the most inflows. “Bitcoin dominance continues to climb… Taking a look at the altcoin season indicator, we’re still clearly in Bitcoin season, but you’ll also notice that we’re also at levels where this trend has historically reversed, with more money flowing into altcoins. In our opinion, the altcoins that will see the most investment will likely be those in the top 10 by market cap, although this also means that the potential gains will be significantly lower.” The crypto king is trading for $84,542 at time of writing, a fractional increase on the day, while its dominance level currently sits at 63.9%. Turner goes on to say the regulatory turnaround by the US on digital assets will also greatly bolster the industry, both in retail and institutional trading, so traders shouldn’t think about giving up yet. “Crypto regulators in the US have become much friendlier to the industry thanks to the pro-crypto stance taken by the Trump administration… We believe that this will help to attract a broad range of investors to the crypto market over time, be they retail or institutional investors, and this is also why we believe that although the market has been taking an absolute pounding lately, we shouldn’t be tapping out just yet… The overall picture is still too bullish for us to be concerned about a bear market starting anytime soon.” Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/intueri/LongQuattro The post ‘We Shouldn’t Be Tapping Out Just Yet’: Guy Turner Says Crypto Bear Market Not Starting Soon – Here’s His Outlook appeared first on The Daily Hodl . Crypto Potato
Elizabeth Warren: ‘If Chairman Powell Can Be Fired, It Will Crash the Markets’
Democratic Senator Elizabeth Warren of Massachusetts is once again alarmed by the Federal Reserve’s trajectory, and warned on CNBC that U.S. markets would “crash” if President Donald Trump were allowed to remove Chair Jerome Powell. Warren Warns U.S. Could Become ‘Two‑bit Dictatorship’ In an interview with CNBC, Sen. Warren expressed serious concerns over President Trump’s Crypto Potato
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Adam Back’s Old Bitcoin Post From 2013 Still Relevant
42 dakika önce
