#Feed Btc is going to cross its all times high by February #

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#Feed Btc is going to cross its all times high by February #btc #alltimehigh

#Feed  Btc is going to cross its all times high by February
#btc
#alltimehigh  

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Bitcoin continued its surge on Wednesday, shooting above $63,000 for the first time since November 2021. The price of the flagship cryptocurrency was last higher by nearly 6% at $60,356.75, according to Coin Metrics. Earlier, it briefly touched $64,000 before turning lower. It’s just below its all-time high of $68,982.20. Both bulls and bears have been getting whipsawed by the sharp price movements. Over the past 24 hours, $176 million in short liquidations and $86.1 million in long liquidations occurred across centralized exchanges, according to CoinGlass. When traders use leverage to short bitcoin and the cryptocurrency’s price rises, they buy bitcoin back from the market to close their positions, which pushes the price up and causes more positions to be liquidated. By contrast, traders betting on a price increase must sell their assets to cover their losses. With the record in clear sight, the market has been even more motivated to see that level retested. Bitcoin has soared nearly 20% this week alone, after a week-long pause of this year’s rally. It’s now up more than 40% for 2024. Antoni Trenchev, cofounder of crypto exchange Nexo, said to expect some resistance as bitcoin nears $69,000 but that breaking through $60,000 should whet the appetite of investors who have sat this year’s rally out – particularly retail investors. According to JPMorgan, their interest in crypto has rebounded this month after a pause in January.#TrendingTopic #BTC #Portal #ETH #Meme

#Write2Earn #TrendingTopic #BTC #ETH #ETH $BTC $ETH $BNB Bitcoin: A New Regulatory Attack Vector It looks like the PR battle over how much energy Bitcoin mining consumes is not over after all. A while ago, I declared that it had been won – the tireless pushback from people who actually spend a lot of time researching this had muted the criticism and concern. Facts and reasoning had vanquished fear-mongering and use of trigger words. How naïve. Last week, the U.S. Energy Information Administration (EIA), a statistics agency under the Department of Energy, fired a handful of salvoes at the Bitcoin ecosystem. One was the announcement that the EIA is launching a mandatory survey of all U.S.-based bitcoin miners. The other was the publication of a report with an “official” estimate of how much energy Bitcoin mining in the U.S. consumes

$BTC#TradeNTell #BTC #TrendingTopic #Write2Earn ANALYSY Rekt Capital predicts bullish surge for Solana as crypto gains momentum Solana (SOL) Price to Hit $115 Amid Range Breakout, Says Top Analyst In a recent tweet, prominent cryptocurrency analyst Rekt Capital shared a bullish outlook for Solana (SOL), suggesting that the digital asset is poised for a significant surge. According to the analyst, Solana has been following a predetermined path, marked in orange, showcasing remarkable 33% upward movement. The cryptocurrency has successfully broken back into its black-black range from a few weeks ago, indicating strong bullish momentum. Rekt Capital notes that any potential dips into the $98.98 range would serve as a reclaiming event for the old range low, paving the way for a potential rally to at least $115. This prediction has stirred up excitement among Solana investors and the broader cryptocurrency community. As of the latest available data, Solana is currently trading at $104.44, reflecting a notable 7.68% increase in the last 24 hours and a substantial 30.89% surge over the past seven days. The 24-hour trading volume for Solana has also experienced a significant uptick, rising by 63.57% and reaching $3,348,860,287. Meanwhile, the market capitalization of Solana has seen an 8.14% increase, now standing at $45,452,339,907. Amid the bullish momentum, data from Coinglass indicates a total of $9.70 million in liquidations for Solana in the last 24 hours. Of this, $1.95 million is attributed to long liquidations, while $7.75 million is associated with short liquidations. This data suggests that while there is significant positive sentiment and price appreciation, traders must remain vigilant to potential market volatility. Solana, known for its high-performance blockchain and rapidly growing ecosystem, has been gaining attention as a strong contender in the competitive cryptocurrency landscape. The positive price action, as predicted by Rekt Capital, could further solidify Solana's position and attract more investors to the platform.

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$BTC $SOL $ETH #BTC #NFP #sol #ETH #Launchpool Solana's meme coin, Bonk (BONK), is experiencing a sharp decline, down 56% from its all-time high reached on December 15. Currently valued at $0.00001492, it reflects a 7.5% drop in the last 24 hours and a significant 22% decrease over the past seven days. The market cap has slipped from its recent $1 billion peak to $907 million, now ranking as the 84th largest crypto-asset, down from the 69th position on December 14. While Bonk soared by an impressive 17,196% since its launch last Christmas, recent performance signals a downturn, possibly reflecting waning investor interest. Solana developers received Bonk tokens in an airdrop last year, experiencing substantial returns if held. However, the volatile nature of meme coins, lacking utility beyond speculative gains, suggests a potential replacement in the ever-evolving cryptocurrency landscape. Solana (SOL), holding the spotlight recently as the fifth largest cryptocurrency, witnessed a surge in November due to a short squeeze, compelling short-sellers to cover losses by buying more SOL. The coin's cost-effectiveness and speed compared to Ethereum have attracted serious investors, resulting in increased value for tokens like BONK and Dogwifhat (WIF) running on Solana's blockchain. Despite the recent dip, the long-term trajectory of Bonk highlights the speculative nature of meme coins in the crypto market.

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