Friday's market performance was particularly strong, with Bitcoin being particularly eye-catching. Yesterday, the price of Bitcoin rose sharply by 2.20%, reaching a peak of $60,745 today. As this wave of gains expanded, Bitcoin's trading volume also soared to $30.856 billion, which is remarkable.
There is much discussion in the market about the reasons behind this Bitcoin rally. Some reports indicate that it may be related to the increased activity of whales or institutional investors, and the upcoming Federal Open Market Committee (FOMC) meeting is also a key factor. These two factors may be the main drivers of market sentiment.
An important speculation behind this round of gains is that investors generally believe that the Federal Reserve may announce a 50 basis point interest rate cut at its meeting next Wednesday. Former New York Fed President Bill Dudley also supports this view, believing that a rate cut is a logical choice.
Ambush 20-50 times the potential coins
THERE IS
ADA is now trading between $0.31 and $0.38, up 9% in the past week! It has also risen slightly by 4% in the past month! After breaking through the $0.37 resistance level, it may hit $0.40, an increase of 14%! The future of ADA is promising, and after breaking through the key points, it is expected to surge 250% in the next six months!
HIM
UNI is currently trading between $5.73 and $6.88, up nearly 10% in the last week! Despite a 40% drop in the past six months, if it breaks through the $7 resistance level, it could rise to $8, a 20% increase! By the end of the year, UNI could surge by as much as 470%!
TRX
TRX is currently fluctuating between $0.15 and $0.16. Although it faces resistance at $0.16, it has risen by 17% in the past month! That’s an increase of more than 20% in six months! If TRX breaks through $0.17, a new wave of gains may come! As long as it stays above the $0.14 support level, it is expected that it may surge by as much as 380% by the end of the fourth quarter!
