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$vet Bounce back 🙌 🔥🔥🔥🔥🔥
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2024-12-19
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BTC/USD: Bitcoin Wobbles Under Six Digits After Crawling Out of $92,000 Weekend Dip Orange coin wasn’t the only one to crumble under the weekend selling pressure — Ether neared $3,100 before paring back some of the loss. Bitcoin prices BTCUSD were off to a bumpy start of the Holiday week after reeling out of a steep decline over the weekend. The OG cryptocurrency dipped to $92,000 on Saturday but blockchain-savvy traders rushed to scoop it up and bump it up to levels near $97,000. Ether, the second-largest token, fell to $3,100 before paring back some of the loss to trade near $3,300. Crypto circles are having a difficult time supporting prices after the Federal Reserve laid out its forward guidance for 2025. The US central bank last Wednesday poured cold water on virtually every rally out there in the markets (ok, except maybe for the dollar) when it cut its interest rate-cut forecast to just two trims from four. Now, crypto is feeling the heat as digital asset enthusiasts pull back their bets and the euphoria gives way to cautiousness right as we get ready to ring in the new year. So, what’s the bottom line this year? Bottom line is this: crypto boomed more than ever. Bitcoin hit a record high of $108,000, climbing to a market valuation of more than $2.1 trillion. President-elect Donald Trump is already out and about, assembling a team of A-list billionaires and entrepreneurs who will seek to usher in a new era of growth for the crypto industry. In a nutshell, the crypto outlook (excluding the Fed’s message) has never been brighter.
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$DOGE #ElonMusk
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Dogecoin (DOGE) Price Can Skyrocket by 12,000% If History Repeats Dogecoin was once the top-performing cryptocurrency after Donald Trump’s victory, going from under $0.15 to almost $0.5. Although it has lost its momentum, especially in the past week or so, history shows that its most spectacular price surge during this cycle could still be around the corner. Can DOGE Pull a 2021-Like Rally? Perhaps due to its affiliation with Elon Musk and his upcoming role in Donald Trump’s administration, Dogecoin skyrocketed after the US presidential elections. Its price exploded by more than 200% from its aforementioned bottom to $0.485 on December 8. After these quite impressive gains, though, DOGE started to retrace but still maintained the $0.4 level. However, that all changed last week when the market-wide crash pushed it south hard. In just few days, DOGE’s price tumbled by nearly 40% to $0.26. Although such a massive correction sounds painful, it is not something unheard of for the crypto market, especially in the ever-volatile meme coin sector. Similar enhanced fluctuations have transpired in the past as well, which could actually suggest a more favorable future for DOGE. Popular crypto analyst Ali Martinez compared the recent crash to similar developments that took place during the bull cycles in 2017 and 2021. In both instances, the largest meme coin surged by triple-digits, retraced by 40-60%, and then shot up by four or even five digits by the end of the respective runs.
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#MarketRebound Go with market sentiments, pull and push are going on, patience 💪 judgement and retail investors are in hurry for market pull back. we love green 🍏 💚 colour of price.
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#MarketRebound As 2024 is near to endings, the market is rebounding, $BTC $XRP are among the winners and $DOGE $shib will be singing soon. New year 2025 will be Cryptocurrence year and digital currency and crypto currency will be in circulation. #ShibSoonWillbeOnMoon #MerryChristmas #HappyNewYear. #MarketPullback
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