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Bitcoin Hits New High Since July, Then Drops On October 15, Bitcoin surged to a new high of $67,950, its highest since the end of July, before dropping back to around $65,600. Despite the correction, analysts like Vladislav Antonov from BitRiver believe buyers still have room to push the price up to $68,800. Breaking this resistance could trigger a rally towards $90,000. In the last 3 hours, crypto exchanges saw $102 million in liquidations, with $39 million in Bitcoin and $27 million in Ethereum. Ethereum also experienced a brief spike to $2,670 before falling back to $2,620. Total crypto market capitalization has grown by 0.8%, reaching $2.42 trillion.

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Bitwise Outlines Three Conditions for Bitcoin to Reach $80K in 2024 Investment company Bitwise highlighted three key conditions for Bitcoin to hit $80,000 in 2024. According to Matt Hougan, Bitwise’s Chief Investment Officer, while Bitcoin is expected to reach this level by 2025, achieving it sooner depends on these factors: 1. A win by Republican candidate Donald Trump in the U.S. elections or a shift in crypto policy by Democrats. 2. The Federal Reserve lowering interest rates by 50 basis points and additional economic stimulus from China. 3. No major negative shocks in the crypto industry, such as hacks or legal battles. Additionally, the support of altcoins could push Bitcoin even higher, potentially reaching $100K within months. Despite recent dips, Bitcoin remains one of the top-performing assets in 2024, up 44% since January.

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HAS SATOSHI NAKAMOTO'S IDENTITY BEEN REVEALED? In a new HBO documentary set to air next Wednesday, it is claimed that the true identity of the creator of BTC, who has been hiding under the pseudonym Satoshi Nakamoto, has been revealed.

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🪙Bitcoin's price has surged above $66,000 today — the highest level since the end of July

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💰BingX Exchange Gives Away 5 Million USDT In honor of their hacking incident, the exchange has decided to hold this drop. Exchanges that have not been hacked - Tier 1 - did not participate. Criteria for the drop: - Balance of $10+ at the time of the hack - KYC verification completed - Account login history from September 10, 2024, to September 20, 2024 By September 25, 500,000 random users will be selected to receive a voucher for tokens (random amount between $1-5000).

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Ultimele știri

Fear And Greed Index Rises To 72, Indicating Greed

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Dogecoin Achieves True Decentralization, Says Runestone Founder

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Turbos Finance Introduces LP Locking Feature To Enhance Sui Ecosystem

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AI Expected To Surpass Human Intelligence By 2026, Says Anthropic CEO

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Ethereum Layer 2 Networks See Increase In Total Locked Value

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