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Cosmos (ATOM) recently surged, catching the attention of many in the crypto community. This strong upward trend raises questions about whether other coins like Mantra (OM) can follow suit. Investors are eager to find out which cryptocurrencies might be poised for similar growth in the near future. Uncovering these potential frontrunners could offer valuable insights for savvy investors. Cosmos ATOM: Bullish Momentum and Key Levels Shape the Outlook Last month Cosmos recorded a 15.36% gain while six-month growth reached 7.51%. One week performance surged by 10.25%, signaling strong recent investor interest and a clear upward price movement. Price action over these periods reflects a steady increase that builds optimism ahead of altcoin season. Indicators point to consistent positive adjustments that may support further gains in a growing crypto bull run. Current trading is seen between $3.50 and $5.15, with immediate resistance at $5.92 and support resting near $2.62. Bulls have been driving recent advances, though the overall trend lacks a firm long-term direction. Traders may find opportunities by buying near support levels and targeting profit near resistance, with the gap up to $7.57 offering another potential exit point. MANTRA (OM) Market: Explosive 6-Month Surge Amid Short-Term Pressure MANTRA (OM) declined by 11.69% over the past month and fell slightly by 0.73% in the last week, while it surged an impressive 357.16% over six months. The performance over half a year shows strong long-term momentum despite recent short-term corrections. Price swings have been volatile, with rapid climbs and steep pullbacks indicating a mix of aggressive gains and cautious retracement. The coin currently trades between $5.30 and $7.68, with support at $4.39 and resistance at $9.15. Bears hold a slight edge with a 44.50 RSI and down momentum indicating weakness. Traders should monitor these key levels, looking for a potential break above resistance before considering bullish positions. Conclusion ATOM has shown impressive gains since its recent breakout. This upward trend speaks to its growing potential in the crypto market. On the other hand, OM is also generating interest and could potentially follow a similar path. If OM can capitalize on its current momentum, it might see significant performance improvements. Both ATOM and OM are worth watching closely for future growth. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Era of US Treasuries and Stocks As Global Reserve Assets Now Over As Gold and Bitcoin Take Over: Arthur Hayes
BitMEX founder and crypto investor Arthur Hayes says gold and Bitcoin ( BTC ) are effectively replacing US Treasuries and equities as the predominant global reserve assets. In a post on the social media platform X, Hayes says that President Trump was partially elected by Americans who feel that they didn’t share in the alleged “prosperity” stemming from going off the gold standard in 1971. Hayes says that if the White House follows through on reducing its debt and current account deficit, then other countries will be forced to finance their economies by selling their US stocks and bonds, creating a permanent change in the global financial order since finance ministers around the world won’t take a chance that Trump will change his mind. “THE END: Of US Treasuries and, to a lesser extent, US stocks as the global reserve asset. If the US current account deficit is eliminated, then foreigners do not have dollars to buy bonds and stocks. If foreigners have to juice up their own nations’ economies, they will sell what they own, US bonds and stocks, to fund their nation-first policies.” The crypto investor also notes that he believes gold and Bitcoin will emerge as the winners of a shifting global financial order. “THE RETURN: Of gold as the neutral reserve asset. The dollar will still be the reserve currency, but nations will hold reserves in gold to settle global trade. Trump hinted at this because gold is tariff-exempt! Gold must flow freely and cheaply in the new world monetary order. A lot of those who had it good are in the denial stage, and share a delusion that somehow things will return to ‘normal’… For those who want to adapt to a return to pre-1971 trade relationships, buy gold, gold miners and BTC.” Hayes also suggests that the Trump-induced economic shockwaves may have finally broken the correlation between BTC and the Nasdaq. “BTC hodlers need to learn to love tariffs, maybe we finally broke the correlation with Nasdaq, and can move onto the purest form of a fiat liquidity smoke alarm.” Source: Arthur Hayes/X At time of writing, BTC is trading at $83,322. 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. Generated Image: Midjourney The post Era of US Treasuries and Stocks As Global Reserve Assets Now Over As Gold and Bitcoin Take Over: Arthur Hayes appeared first on The Daily Hodl . Bitzo
Pepe whale sells 196B tokens—Is the memecoin in trouble?
PEPE whale swapping the memecoin to PENDLE could be a signal to a potential crush as bearish sentiment continue to impact the market. Bitzo
