Nathanielenthusiastic
@Nathanielenthusiastic
تتابع
المتابعون
إعجاب
تمّت مُشاركتها
ترجمة
#OnChainLendingSurge The first week of January has brought mixed fortunes for the crypto market, with Bitcoin holding just under $97,000. Ethereum, meanwhile, retraced below $3,400. Altcoins, however, continued to display remarkable strength, with Stellar surging 26%, Injective 24%, and Cardano 19% over the week. This rebound follows a bearish end to 2024, signaling renewed investor optimism.
Short-Term Trends Show Bearish Sentiment
In the 1-day timeframe, most cryptocurrencies experienced losses, reflecting short-term bearish trends. Bitcoin and Ethereum showed minimal movement, with red bars dominating market charts. Major assets like Binance Coin and XRP also dipped, contributing to a subdued trading atmosphere. Only a few exceptions, such as Toncoin, managed slight gains, underscoring limited bullish sentiment in the short term.
Short-Term Trends Show Bearish Sentiment
In the 1-day timeframe, most cryptocurrencies experienced losses, reflecting short-term bearish trends. Bitcoin and Ethereum showed minimal movement, with red bars dominating market charts. Major assets like Binance Coin and XRP also dipped, contributing to a subdued trading atmosphere. Only a few exceptions, such as Toncoin, managed slight gains, underscoring limited bullish sentiment in the short term.
ترجمة
$BTC The start of the new year has been turbulent for Bitcoin USD, with the price plummeting 6% to reach below $96,000 over the past 24 hours, but indicators are now showing rising demand.
The drop is one of the biggest daily drops in recent weeks, as traders and investors attempt to figure out why that would be. While briefly passing the $100,000 threshold earlier, Bitcoin has been unable to maintain its momentum, and sell-offs and bearish sentiment have taken over in the market.
The cryptocurrency market as a whole has been on edge, with Bitcoin’s decline dragging other major assets lower.
For example, Ethereum has also seen a sharp pullback. Overall, the crypto market cap is down about 6%. Analysts said macroeconomic fears and higher-level profit-taking are the main culprits driving Bitcoin’s struggles.
The drop is one of the biggest daily drops in recent weeks, as traders and investors attempt to figure out why that would be. While briefly passing the $100,000 threshold earlier, Bitcoin has been unable to maintain its momentum, and sell-offs and bearish sentiment have taken over in the market.
The cryptocurrency market as a whole has been on edge, with Bitcoin’s decline dragging other major assets lower.
For example, Ethereum has also seen a sharp pullback. Overall, the crypto market cap is down about 6%. Analysts said macroeconomic fears and higher-level profit-taking are the main culprits driving Bitcoin’s struggles.
ترجمة
BTC is trading at an astounding $98,000 as of January 5, 2025, showcasing an impressive 4.75% surge in daily performance. Investor optimism is palpable, with bullish sentiment driving traders and investors to anticipate a historic breakout. Crypto Patel’s analysis on TradingView highlights critical levels and potential trajectories that could shape Bitcoin’s journey toward an all-time high . #BTC100KTrumpEffect
ترجمة
Lets go!!!
$BONK
completed Retest lows 🤫💰💥
finally entryway ✅
profit ratio 1000%
@King69
completed Retest lows 🤫💰💥
finally entryway ✅
profit ratio 1000%
@King69
ترجمة
Only 3 there.
Here are five cryptocurrencies that Elon Musk, the tech billionaire and CEO of Tesla and SpaceX, reportedly holds. Known for his influence on the crypto market and nicknamed "The Dogefather," Musk's involvement with digital assets has significantly shaped public perception and market trends. Let’s explore his crypto portfolio and the reasons behind his choices.
1. Bitcoin (BTC)
Elon Musk publicly embraced Bitcoin in 2021 when Tesla announced a $1.5 billion investment in the cryptocurrency. Although Tesla later sold most of its Bitcoin holdings, Musk confirmed he personally still owns Bitcoin.
Why Bitcoin?
As the leading cryptocurrency, Bitcoin is often referred to as "digital gold." Musk views it as a store of value and a critical part of the crypto ecosystem.
2. Ethereum (ETH)
Ethereum is another cryptocurrency Musk owns, a fact he disclosed during "The ₿ Word" conference in 2021.
Why Ethereum?
With its smart contract functionality, Ethereum serves as the foundation for decentralized finance (DeFi), non-fungible tokens (NFTs), and various blockchain innovations. Musk sees Ethereum as a significant player in the industry.
3. Dogecoin (DOGE)
Dogecoin is Musk's favorite cryptocurrency. He has frequently referred to it as "the people’s crypto" and has promoted its use for payments at Tesla and SpaceX.
Why Dogecoin?
Musk admires its meme-inspired origins and believes in its potential as a practical medium of exchange due to its low transaction fees and growing community.
1. Bitcoin (BTC)
Elon Musk publicly embraced Bitcoin in 2021 when Tesla announced a $1.5 billion investment in the cryptocurrency. Although Tesla later sold most of its Bitcoin holdings, Musk confirmed he personally still owns Bitcoin.
Why Bitcoin?
As the leading cryptocurrency, Bitcoin is often referred to as "digital gold." Musk views it as a store of value and a critical part of the crypto ecosystem.
2. Ethereum (ETH)
Ethereum is another cryptocurrency Musk owns, a fact he disclosed during "The ₿ Word" conference in 2021.
Why Ethereum?
With its smart contract functionality, Ethereum serves as the foundation for decentralized finance (DeFi), non-fungible tokens (NFTs), and various blockchain innovations. Musk sees Ethereum as a significant player in the industry.
3. Dogecoin (DOGE)
Dogecoin is Musk's favorite cryptocurrency. He has frequently referred to it as "the people’s crypto" and has promoted its use for payments at Tesla and SpaceX.
Why Dogecoin?
Musk admires its meme-inspired origins and believes in its potential as a practical medium of exchange due to its low transaction fees and growing community.
ترجمة
Someone is out to make quick cash 😂😂😂 unfortunately it doesn't work like that, either you're a trader or holder 🙄
تم حذف محتوى الاقتباس