Bitcoin touches 92,000, Ethereum rises! The crypto market warms up, layout of 3 altcoins!
The cryptocurrency prices show a bullish trend today, with Bitcoin (BTC) rebounding to over US$97,000 after hitting a low of US$92,000. Major altcoins like Ethereum (ETH) and XRP have also seen increases, reflecting positive market sentiment. The global cryptocurrency market has risen to US$3.38 trillion, increasing by about 0.5% over the past 24 hours. Trading volume surged by 10% to US$301 billion, indicating heightened market activity. Today's Bitcoin price Bitcoin (BTC) has a trading price of US$97,412, reflecting a 1% increase over the past 24 hours. Its 24-hour low and high prices are US$92,210 and US$98,136, respectively. The market capitalization is US$1.93 trillion, with a trading volume of US$100 billion, while BTC's market share is 56.83%.
Bitcoin Plummets Significantly; Every Correction is an Opportunity!
The price of Bitcoin (BTC) has experienced a significant plunge, briefly dropping below $99,000, hitting a low of $98,744, a decline of nearly 6%. The sudden drop has caused severe losses for investors. According to Coinglass, in the last 24 hours, nearly 300,000 people have been liquidated, with a total liquidation amount of $849 million. As of the time of writing, the price of Bitcoin has rebounded to $96,959.
The possibility of interest rate cuts has become an uncertain variable, and the future still relies on economic data for decisions. Market performance is a short-term negative, and such a significant impact will gradually be digested over time. In the short term, as long as Bitcoin holds the position of $9,800, the overall upward pattern has not been broken, treating it as a healthy correction in the short term is appropriate.
Bitcoin pulls back, Ethereum falls! Crypto market prices are sluggish, buy these 3 altcoins at the bottom!
Cryptocurrency prices are showing bearish momentum today as Bitcoin (BTC) falls below $96,000. BTC and ETH ETFs also saw outflows after a long rally. Major altcoins such as Ethereum (ETH) and Solana (SOL) fell between 3% and 5%. Despite the low prices, Movement (MOVE) and ZEREBRO emerged as the biggest gainers, with MOVE up 30% and ZEREBRO up 56% in the past 24 hours. Bitcoin price today Bitcoin (BTC) price is trading at $97,395, down 3% in the past 24 hours. Its 24-hour high and low are $102,849 and $95,671 respectively. BTC has a market capitalization of $1.93 trillion, a trading volume of $94 billion, and a market share of 57.17%.
Bitcoin corrects by 10,000 points! Every significant drop in a bull market is a good opportunity to enter!
At midnight, Bitcoin's market encountered a significant turning point. Starting from the 101162 high point, it faced pressure, and the situation took a sharp turn downward, with a one-sided descending waterfall crazily plummeting until it stopped at the 95681 low point. In just three days, Bitcoin corrected a full 10,000 points, such a huge drop made the entire market seem to be trapped in a bottomless washout.
The current market trend is clear, the K-line pattern on the order book has shown a very obvious correction at a high position. A large bearish candle has prominently appeared, which undoubtedly indicates that the selling pressure in the market is continuously increasing, and the buying forces seem powerless under the fierce pressure from the bears. Analyzing from the 4-hour cycle, Bitcoin has shown a clear downward trend in the short term. The technical indicator MACD has also issued unfavorable signals in this 4-hour cycle.
The third consecutive rate cut, Bitcoin correction! It's not that the altcoin season hasn't come, it's just that you haven't seized the opportunity!
On December 19th at 3 AM Beijing time, the Federal Reserve announced a 25 basis point cut in the benchmark interest rate, lowering the target range for the federal funds rate from 4.5% to 4.75% down to 4.25% to 4.50%. This is the third consecutive rate cut since the Federal Reserve started the easing cycle in September 2024, with a total reduction of 100 basis points. After Bitcoin reached the position of 108,400, it began to decline continuously. As long as it’s not a crash, the current decline is beneficial for the long-term bull market. After all, some profit-taking is necessary. If you're liquidated after a small drop, it’s time to seriously reconsider your trading strategy.
Thursday, welcome to the chaos of the bull market, in the realm of wide fluctuations!
The brightest light in the world is either the sun or the appearance of your hard work. Never question the sincerity of those caught in positions in the crypto world seeking to break free from losses, but this thing called conscience only exists when taking profits!
Overnight, the Federal Reserve's expectations for future interest rate cuts materialized, and Powell's comments denied Bitcoin's status, leading the market into disarray, plummeting from 108300 to 98700. The tactic was similar to previous analysis—first, the 2 billion shorts were shaken off, then a series of 9700-point decline moves directly reversed the trend, taking away 3 billion longs. Yesterday, multiple mentions of bearish sentiment at 100k were made, and the profit-taking was exuberant, with fans shorting at the peak, and I, who was also glorified, took a moment to boast!
Resistance is concentrated at 102200 and 104500, support at 98000 and 95500! For afternoon operations, a pullback to the 100000 area can be seen as a short-term long to look for a wave rebound, and when approaching resistance around 102600-103500, then short! If by the time of the US trading session we haven't made a strong approach to 102600, then it's a one-word strategy: short!
Ethereum is unlikely to have a strong rebound, so follow Bitcoin in and out! Resistance at 3800, support at 3150! There are signs of a continuing waterfall! #BTC
Interest rate cuts lead Bitcoin to fall below 100,000! Catch the bottom of 3 potential tokens to make a fortune in the upcoming bull market!
The Federal Reserve's decision has come out. Although it was prepared, this decision is thrilling for both the Federal Reserve and the global market. The thrill for the Federal Reserve lies in the fact that this rate cut may be a mistake. However, for the world, the Federal Reserve's hawkish stance is also very thrilling. In the past 24 hours, a total of 294,844 people have been liquidated globally, with a total liquidation amount of 849 million.
Since Powell's speech today, the market has been weaker than expected. Since breaking above 90,000 this round, it has already experienced three rapid declines, and today marks the fourth. It can be said that the previous three rapid declines consumed a large amount of buying power, so after this rapid decline, there hasn't been much buying power in the market; instead, there has been a downward trend after a consolidation, which essentially buried the funds that were trying to catch the bottom.
The cryptocurrency market fluctuates, Bitcoin and Ethereum fall! Invest in 3 altcoins and make 100 times the profit!
The cryptocurrency market experienced a sharp decline, with Bitcoin (BTC) falling below the $100,000 mark after the Federal Reserve announced a 25 basis point rate cut. Contrary to expectations of a positive market reaction, the news triggered a broad sell-off that affected major altcoins. Ethereum (ETH) fell 6%, while XRP fell sharply by 10%, with most cryptocurrencies experiencing negative momentum. The Fear & Greed Index remained at 69, reflecting that despite the decline, greed sentiment remains high. Bitcoin price today Bitcoin (BTC) price fell by about 4% and was trading at $101,032. Its 24-hour minimum and maximum prices were $98,874 and $105,389, respectively. The market capitalization was $2 trillion, the trading volume was $100 billion, and the market share was 57.12%.
The interest rate has been cut by 25 basis points, which has brought good news to the cryptocurrency circle! The golden time for Bitcoin to swim freely has arrived!
At 3 a.m. Beijing time on December 19, the Federal Reserve announced a 25 basis point cut in the benchmark interest rate, lowering the target range of the federal funds rate from 4.5% to 4.75% to 4.25% to 4.50%. This is the third consecutive rate cut since the Federal Reserve started its easing cycle in September 2024, with a cumulative rate cut of 100 basis points. The Bitcoin market itself has also seen a need for a correction due to its previous large gains. In the past three days, Bitcoin has broken through the $100,000 mark, climbing to a new high of $108,416.9, an increase of 5.04%; Ethereum has also broken through $4,000, an increase of 3.51%. This sharp rise in the short term has accumulated a large amount of profit-taking in the absence of solid fundamental support, and a market correction is a normal phenomenon.
This week is the last Super Central Bank Week of the year, focusing on the interest rate decisions from the United States and Japan: The U.S. will announce at 3 AM on Thursday: After last week's CPI data met expectations, the rate cut of 25 basis points is no longer in doubt, with CME giving a probability of 97%, reflecting that the market has fully digested this expectation. Therefore, even if the rate cut becomes a reality, its direct impact on the stock and cryptocurrency markets may no longer be seen as a positive. However, Powell's speech and his outlook for the January FOMC will become the focal point of market attention. CME data shows that the probability of maintaining the interest rate in January is as high as 80%, which will be the key to the upcoming market games. On the same day, it is also the time for Japan to adjust interest rates: According to current information, the Bank of Japan may not raise interest rates in December. This news is a comfort to the market. If Japan insists on raising rates in December, while its impact is relatively small, it may bring significant psychological pressure to the market. However, the Federal Reserve's response strategy is not hopeless. If Powell can emphasize that the rate cut is not due to a weak U.S. economy, but rather for more macro considerations, it will send a positive signal to the market and at least avoid concerns about falling into an economic recession.
Bitcoin continues to lead the market, setting a new record high! The bull market still exists, and the three major cryptocurrencies are deployed!
Bitcoin continues to lead the market, setting new historical highs, and the current market enthusiasm is unprecedentedly high. Over the past trading session, Bitcoin prices have risen steadily, successfully breaking through the $108,000 mark and once reaching a historic $108,353. Behind this significant growth, the continued inflow of U.S. capital and the high-level increase in positions by institutional investors are obvious, reflecting the market's optimism about future trends. However, despite Bitcoin's record highs, the intensity of the gains does not appear to be as strong as some expected. Technical indicators show that Bitcoin is currently in a relatively high and volatile state, and there is certain adjustment pressure in the market.
Bitcoin reaches a new high, while altcoins are generally in a correction state! When will it be altcoins' turn to rise?
This week is the last super central bank week of the year, with a focus on the interest rate decisions of the U.S. and Japan: The U.S. will announce at 3 AM on Thursday: After last week's CPI data met expectations, this rate cut of 25 basis points was not surprising, with CME giving a probability of 97%, reflecting that the market has fully digested this expectation. Therefore, even if the rate cut becomes a reality, its direct impact on the stock and crypto markets may no longer be viewed as a positive. However, Powell's speech and his outlook for the January FOMC will become the focus of the market. CME data shows that the probability of maintaining the interest rate in January is as high as 80%, which will be key in the upcoming market games.
Bitcoin pulls back after a high, Ethereum declines! The altcoin market moves in segments, and layout of 3 major cryptocurrencies!
Today's cryptocurrency prices have experienced significant fluctuations. Bitcoin (BTC) hit a historic high of $108,000 and then fell below $106,000, showing extreme volatility in recent trading. Meanwhile, the newly launched token Pudgy Penguins (PENGU) surged 550% within 24 hours, entering the top 100 cryptocurrencies by market capitalization. Bitget Token (BGB) also experienced strong growth, rising 17% despite the overall market decline. Today's Bitcoin price Bitcoin (BTC) price has dropped by 1%, trading at $104,424. Its lowest and highest prices in the last 24 hours are $105,004 and $108,269, respectively. The market capitalization is $2.09 trillion, with a trading volume of $70 billion. Its market share is 56.63%.
BTC has now entered the second round of blood-sucking process, and market funds are continuously converging towards BTC.
The downward trend of altcoins seems to have eased in magnitude, with meme coins like Dogecoin (DOGE) and Pepe showing relative stability in recent price performance, and the downtrend has nearly stagnated.
Particularly noteworthy is Dogecoin, where the MACD indicator on its daily chart is gradually approaching the zero line, a phenomenon that suggests its adjustment phase may soon come to an end. Once the adjustment ends, it is highly likely to usher in a new round of upward momentum.
From a macro perspective of the entire market, the second wave of meme coins' price increase is likely to erupt concentratedly in early January 2025.
Bitcoin Reaches $107,000, Ethereum Steadily Rising! Invest in 3 Altcoins for 100x Profit!
Today's cryptocurrency prices are making headlines again, with Bitcoin (BTC) reaching an all-time high of $107,700. The global cryptocurrency market grew by 1% to $3.72 trillion, with trading volume increasing by 34% to $211 billion. In the altcoin market, Bitget Token (BGB) surged by 16%, reflecting strong investor interest, while Cronos (CRO) rose by 7%, indicating stable demand. The Fear and Greed Index climbed to 81, indicating extreme greed in the market, with optimism continuing to dominate. Today's Bitcoin Price Today's cryptocurrency prices show Bitcoin (BTC) trading at $106,620, up 2% in the past 24 hours. The 24-hour low for BTC is $103,320, and the high is $107,777, reflecting strong market activity. Its market capitalization stands at $2.11 trillion, with a trading volume of $83 billion. Bitcoin's dominance in the market remains stable at 56.46%.
A new rate cut market is coming this week! With Christmas approaching, what will Bitcoin's next trend be?
According to the schedule, the Federal Reserve will announce its interest rate decision on December 19. According to CME's 'FedWatch' data, the market is almost certain about a 25 basis point (0.25%) rate cut, with a probability of 98.6%. This will be the third rate cut in 2024, and the market has been prepared for it. However, a 25 basis point rate cut is almost a certainty, with the focus on Powell's speech. Analysts mostly believe that this might be an 'hawkish rate cut', meaning a rate cut while signaling a pause, which would have a huge impact. Analysts from BNP Paribas stated that the Federal Reserve might use this opportunity to signal a pause in rate cuts, reducing expectations for further cuts next year. For the crypto market, this is positive news, and the market will likely take this opportunity for a rally.
Bitcoin Sets a New High, New Bull Market Breakthrough is About to Begin!
Today, cryptocurrency prices reflect bullish momentum as Bitcoin (BTC) reached a historic high of $106,000. Major altcoins like Ethereum (ETH), XRP, and Solana (SOL) have also seen increases in the past 24 hours. Fantom (FTM) became the coin with the largest gain at 17%, followed by Stacks (STX) with a 15% increase. Global market capitalization rose by about 3%, reaching $3.74 trillion, with trading volume increasing by 20% to $147 billion. The Fear and Greed Index shows a value of 80, indicating extreme greed in the market, further highlighting today's positive sentiment in cryptocurrency prices.
BlackRock Boosts RWA Sector to Explode Soon! 8 Tokens Will Welcome Explosive Opportunities!
With Trump's successful victory in the U.S. election, the global financial market landscape is undergoing profound changes. Among them, the crypto market is particularly noteworthy, and the RWA sector has emerged strongly, booming alongside the overall market rise. The robust growth momentum in this field has attracted the layout of many large institutions, indicating tremendous market potential and investment opportunities in the future. RWA represents traditional financial assets on the blockchain, which can take the form of tangible assets like real estate and artwork, as well as intangible assets like financial products and securities. This new financial form provides investors with more diversified and flexible investment options.
Bitcoin surges! Altcoins quietly rise, and the altcoin feast is about to begin!
The first phase of the crypto bull market is mainly characterized by sector rotation, while the second phase is marked by accelerated capital inflow into strong sectors and targets. At this time, the rotation effect gradually weakens, and the market requires strong sectors to demonstrate exceptional capital-absorbing capabilities. Therefore, frequent rotations may miss opportunities, and long-term positioning is a wiser strategy. Is the altcoin season coming? Bitcoin is the leader of digital currencies. When Bitcoin's market share shows an upward trend, it usually indicates a large inflow of funds into the Bitcoin market, which often leads to the altcoin market entering a relatively sluggish stage, meaning that altcoins enter a bear market.
Future Stars - Predictions for the Top Ten Hot Meme Coins Set to Multiply by 2025!
Meme coins have gradually become a highly discussed and focused area. Among them, a batch of highly promising projects is leading the market, expected to achieve significant growth by 2025. Below, we will reveal the ten meme coins with the greatest growth potential in 2025. 1. Flockerz ($FLOCK) Flockerz offers users a brand new experience by combining DAO governance with real-world applications. Its community has significant decision-making power to actively shape the project's future. Flockerz token presale has been touted as one of the top 'emerging altcoins with potential.' With strong project momentum, savvy early investors are preparing for substantial returns.