BREAKING: Bitcoin above $70,000! 🚀 $BTC is back above $70, | Auric Crypto News on Binance Square

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BREAKING: Bitcoin above $70,000! 🚀
$BTC is back above $70,000, and the previous ATH of $73,750
could be next! With the US elections approaching, Bitcoin’s role as a safe-haven asset grows, fueled by ETFs and low interest rates!

#BTCBreak69K #BTCBreak70K #ATH 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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Starknet’s TPS Breakthrough: What It Means for Blockchain's Future 🚀 Starknet, a Layer-2 scaling solution on $ETH recently hit a new milestone with 857 transactions per second (TPS) during a controlled stress test! With an impressive sustained average of 127.5 TPS over 24 hours, Starknet is proving it can support high-demand applications. 🎉 Eli Ben-Sasson, CEO of StarkWare, emphasized that Starknet’s approach keeps core blockchain values intact. Unlike some projects that sacrifice principles for higher TPS, Starknet aims to make blockchain secure and scalable for real-world use. 💪 Despite these advancements, the $STRK has faced a significant downtrend, dropping over 80% in the last year to a low of $0.32, now around $0.40. This contrast between tech growth and token value highlights the complex market dynamics blockchain projects face.

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🔴 Optimism Grants 25,000,000 $OP to Kraken! 🔴 Optimism's current market movement has been relatively stable, showing slight gains over the past week but dipping over the past month. 🧩 This price steadiness might hint at a strategic phase, with Optimism focusing on building its ecosystem. A major development? The Optimism Foundation has granted 25M OP tokens to Kraken. As part of this collaboration, Kraken will develop Ink, a new layer-2 blockchain built using the OP Stack. Ink will join the “Superchain” – a growing network also featuring Coinbase, $UNI and Sony. 🚀 📊 Despite the flat price action, Optimism’s trading volumes have remained strong, indicating ongoing interest from traders. With the Superchain collaborations, Optimism is laying the groundwork for potential growth.

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💧 SUI’s Comeback – Will the Momentum Continue? 💧 After hitting an ATH of $2.36 two weeks ago, $SUI faced a challenging dip, barely holding above $1.60. But in the past 24 hours, SUI has rocketed back to $2.00 with an impressive 26% surge! 📈 Key Indicators to Watch: 🔹 RSI: Currently around 58, signaling bullish momentum without yet being overbought. 🔹 SMA & EMA: Both pointing to an upward trend, supporting positive sentiment. 🔹 MACD & AO: Suggest caution, as fluctuations remain a factor. Beyond charts, other major events may impact Sui's future: 📅 Token Unlock on Nov 1st: 64M+ new tokens (2% of supply) could add liquidity and price shifts. 🗳️ U.S. Election: Might indirectly affect market sentiment, influencing SUI’s course. While SUI’s bounce is impressive, it’s early to call another ATH – we should keep an eye on $BTC movements for cues.

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🚀 Market Summary: Bitcoin nearing ATH, Dogecoin 15% Up The cryptocurrency market is experiencing an impressive rally, with total market cap increasing by over 5% in the last week 📈. Trading volume has also doubled over the past month, signaling heightened investor activity and renewed confidence 💪. 🔹 $BTC leads the charge, recently trading above $71,000, nearing its all-time high while maintaining over 58% market dominance! This momentum has also lifted other top coins, with ETH, SOL, and BNB all riding the wave 🌊. 🐶 Dogecoin Surprise Surge: $DOGE jumped 15% amid election buzz, sparked by talks of a "Department of Government Efficiency" or "D.O.G.E.," backed by Elon Musk. Memecoins across the board are seeing positive momentum from this unexpected hype 🎉. 🔥 Market Sentiment: The Fear & Greed Index remains steady in "greed" mode, reflecting bullish sentiment. However, remember that crypto markets are still prone to volatility, especially with macroeconomic and election-related factors in play 📊.

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Top 3 Cryptos Nearing Their All-Time Highs 🚀 3️⃣ $TAO (32% from ATH) Bittensor is on a mission to revolutionize the development and distribution of artificial intelligence by decentralizing these processes. It offers an open-source protocol where anyone can contribute machine learning models to a vast, collaborative network. This approach accelerates innovation and ensures that advancements are accessible to all. Ranking as the second-largest AI-focused cryptocurrency by market cap – just behind NEAR Protocol – Bittensor stands out among other AI tokens in the top 100. It has experienced the best yearly performance, surging over 580%, and is one of the closest to its all-time high. 2️⃣ $SUI (28% from ATH) Launched in May 2023, SUI is still a relatively new player in the crypto world but has quickly climbed to the 31st spot in the market rankings. The SUI network boasts a transaction speed of 297,000 transactions per second, outpacing even Solana and Ethereum. This impressive performance has contributed to its rapid rise in popularity. SUI recorded even more gains after Grayscale announced its Trust Fund. The reason it’s so close to its all-time high is because it was set just two weeks ago! SUI reached $2.36 but has been falling since then and is now below $1.70. 1️⃣ $BTC (down just 6.5% from ATH) Yes, the king of cryptocurrencies is the one closest to its all-time high. The biggest cryptocurrency has seen very high dominance in the crypto market, nearing around 59%. It stays strong despite the volatility of other coins. One reason might be the institutional interest provided via ETFs. That being said, Bitcoin is so big that gaining more requires a great amount of capital. To reach its ATH, its market cap would need to grow around $80 billion – that’s almost the entire market cap of Solana! So while it is the closest to its ATH in percentages, in market cap it still has a lot to gain.

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