🪙 Bitcoin Breaks All-Time Price Highs: Long-Term Holders Stir as Institutional Demand Surges Bitcoin (BTC) continues to smash new lifetime price highs and long-term holders are starting to awake from slumber, according to Glassnode’s recent analysis 🤤 image
🪙 Bitcoin Surges Past $94,000, Edges Closer to $100K Milestone Bitcoin (BTC) surged past $94,000 zone on Wednesday, marking a historic all-time high as it edges closer to the highly anticipated $100,000 milestone. The cryptocurrency is now less than $6,000 shy of the round-number six-digit mark, a target that has captivated analysts and investors alike 🔥🔥 image
🪙 Ethereum (ETH) Price Update: November 19, 2024 Ethereum is currently trading at $3,105.32, showing a 1.1% increase in the past 24 hours but a 5.79% decline over the past week. Over the last month, ETH has risen by over 17%, supported by ecosystem developments and growing institutional interest 🥔 ⚔️ The upcoming “Dencun” upgrade, including Proto-Danksharding (EIP-4844), aims to enhance scalability and reduce transaction costs. Meanwhile, the launch of spot Ethereum ETFs has boosted access for traditional investors, driving long-term demand . ☺️ Short-term projections place Ethereum’s price between $3,150 and $3,250, though market volatility remains a key factor . image
🪙 Bitcoin Price Update: November 18, 2024 As of today, Bitcoin (BTC) is trading at approximately $92,400, showcasing its recent strong performance in the cryptocurrency market. The price reflects a 24-hour range between $88,722 and $92,516, and the asset remains close to its 52-week high of $93,519. Bitcoin’s market cap stands at $1.81 trillion, with a daily trading volume of $51.98 billion 🎟️ 🛡 Several factors have influenced Bitcoin’s momentum, including increased institutional adoption. For instance, MicroStrategy recently added $4.6 billion worth of BTC to its holdings, reinforcing market confidence. Spot Bitcoin ETFs also continue to see strong inflows, with weekly investments reaching $1.7 billion . Technically, Bitcoin is in a bullish phase, with its chart signaling further upside potential. However, the market’s volatility warrants caution for traders and investors 🗣️ ✏️ Stay tuned for updates as Bitcoin continues to shape the digital asset landscape image
🎨 Bitcoin Price Update: November 17, 2024 🥹 Bitcoin is currently trading at around $90,755, reflecting strong market momentum following its earlier breakout past $73,750 this year. Analysts suggest the price may range between $68,750 and $90,917 this month, with an average forecast of $83,333. This surge is fueled by bullish sentiment, heightened investor interest, and post-halving effects. Experts believe Bitcoin could approach the $100,000 mark if current trends persist 💎 ▪️ Despite this optimism, market volatility remains high, making Bitcoin a risky but potentially rewarding asset for investors. image
⚡️ Donald Trump officially appoints renowned investor and crypto advocate Grant Cardone as head of the Department of Wealth Education. image
🪙 Aave Considers Partnership With Bitcoin-Based Spiderchain 🤯 Aave, a leading decentralized finance (defi) protocol, may soon expand its footprint in the Bitcoin ecosystem with a proposal to deploy its Version 3 (V3) on the Spiderchain network image
🪙 Toncoin (TON), the native cryptocurrency of The Open Network, has seen impressive price growth recently, catching significant attention in the crypto space. Starting 2024 at around $2.30, TON’s price surged to around $8.03, placing it just 2.5% away from its all-time high of $8.24. This growth has helped Toncoin overtake Dogecoin in market capitalization, positioning it as the 8th largest cryptocurrency. Key factors in this rise include its listing on Kazakhstan’s digital asset exchanges and major backing from investors like Pantera Capital. Additionally, TON’s expanding Total Value Locked (TVL) within its ecosystem and incentives for community participation through the Open League program have further fueled its momentum. 🐳 Recent technical indicators reflect strong buying sentiment. However, with the Relative Strength Index (RSI) approaching overbought territory, there’s potential for a correction. But if TON manages to break past resistance at $8.24, it could set the stage for new highs, with potential targets around $8.80 and beyond if momentum holds. ✍️ TON’s recent rally highlights its growing utility, adoption, and potential to maintain a strong position in the market, especially given its integration into Telegram’s platform for services like revenue sharing. However, continued success will likely depend on sustained support from both retail and institutional investors, along with the broader crypto market’s health. image
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🔥 BREAKING: Bitcoin reaches new ATH of $91,000. image