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Magic Compass Prime Received “Prime Player in Forex Industry 2024” Award At Forex Expo Dubai
🐾 BLUM Update: Get Ready to Unleash the DOGS Mining Feature Soon! 🚀
🚀🚀🚀 Analyst Predicts a Massive 8,032% Surge in Dogecoin Price to $10! 🐕💰 Crypto expert Ali Martinez has made a bold prediction that has caught the attention of the market! Martinez believes that Dogecoin (DOGE) is set to skyrocket to a two-digit price soon, with the potential to reach an incredible $10 per DOGE. 📈💎 🔎 Key Highlights: Martinez's Prediction: The analyst based his speculation on DOGE’s movement within a rising wedge pattern on the 1-week chart, hinting at a potential surge to $10! That’s an 8,032% increase from its current value! 🚀 Potential Market Cap: If Dogecoin reaches this target, it would mean a market cap of $1.48 trillion, potentially surpassing Bitcoin's current market cap of $1.33 trillion. 😱🏆 Community Reaction: While some crypto enthusiasts are excited, others remain skeptical, pointing out that achieving such a target may require multiple bull cycles and significant capital inflow. 🤔📊 Previous Predictions: This isn't Martinez’s first bold call! He previously predicted a 28,770% surge for DOGE, aiming for a whopping $24 price point. 🔮🌕 📉 Holders Dump Dogecoin Amidst Price Underperformance: Despite these optimistic predictions, DOGE holders have been reducing their positions. Data shows that non-empty DOGE wallet addresses have dropped to 6.62 million, the lowest level since April 2024. 😟📉 Frustration over DOGE’s performance has led to a shift towards other assets with quicker price movements, according to data from Santiment. 📈 Dogecoin's Current Performance: DOGE has shown resilience, rising 8% in the last 24 hours amidst a broader market rally. Currently, the meme coin trades at $0.1252. Could this be the beginning of a significant uptrend? 🧐🔥 ⚠️ Disclaimer: This content is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. #BTCUptober #USStockEarningsSeason #MemeCoinTrending #TrumpDeFi
BULLISH 🟩 #STORJ #STORJUSDT 1D FINALLY !
Major Investors Selling Altcoins: What They’re Offloading and What’s Next!
Neiro Coin Surges by 4,608% – Can It Maintain Its Momentum?
BEARISH 🟥 #JTO #JTOUSDT 1D BULLS NEED TO BREAK IT !
🚨🚨Israel’s Retaliation Plans: What Could This Mean for Your Investments? 🚨🚨 Tensions are escalating in the Middle East, and recent statements from Israeli Prime Minister Benjamin Netanyahu have drawn global attention. Netanyahu made it clear that while Israel values its relationship with the U.S., any retaliation against Iran will be based on Israel’s own national interests. With geopolitical stakes this high, investors are on alert for how these decisions could ripple through markets. 🚨Geopolitical Tensions = Market Opportunities? Whenever global tensions rise, it doesn’t just affect politics—it shakes up markets, especially commodities like oil and even crypto. If Israel retaliates against Iran, we could see price surges in energy markets, which could lead to volatility in the broader financial landscape. The savvy investor knows that moments of uncertainty often create opportunities. 🚨What Could This Mean for Crypto? Major geopolitical events have been known to send shockwaves through the crypto market. Increased instability could push more investors toward safe-haven assets like Bitcoin. With many eyes on the Middle East, keeping a close watch on market movements is crucial for those looking to capitalize on rapid price shifts. 🚨Stay Informed & Stay Ready Smart money reacts quickly to global events. Stay informed and position yourself early for potential opportunities that could emerge from these developments. Whether it’s oil, gold, or crypto, now’s the time to be on high alert and prepared for market moves. #TrumpDeFi #TeslaTransferBTC #MemeCoinTrending #USStockEarningsSeason #BTCSoarsTo68K
Ireland To Draft ‘Urgent’ New Crypto Rules Ahead of EU Money Laundering Crackdown ► https://decrypt.co/286587/ireland-to-draft-urgent-new-crypto-rules-ahead-of-eu-money-laundering-crackdown?utm_source=twitter&utm_medium=social&utm_campaign=auto https://decrypt.co/286587/ireland-to-draft-urgent-new-crypto-rules-ahead-of-eu-money-laundering-crackdown?utm_source=twitter&utm_medium=social&utm_campaign=auto
$ENA is breaking down after a massive rally to $0.4652 and is now loosing support at $0.3997.+ flipping it into resistance. Watch for support at $0.3430. On loosing $0.3430 watch for a breakdown move to $0.2560. On holding $0.3430 watch fir a rally to $0.4. {future}(ENAUSDT) #ENAUSDT🚨
$7.5M in BTC, ETH, and XRP Fuels Donald Trump’s 2024 US Election Campaign According to reports, the Trump 47 joint fundraising committee has reported a significant influx of funds in the form of digital currencies. These contributions were recorded between the first of July and the end of September 2024, as noted in a recent Federal Election Commission filing. The committee reported that the substantial donations came in the form of Bitcoin, Ether, and XRP, along with the U.S. dollar-pegged stablecoins Tether and USDC. The influx of funds has positioned Donald Trump as a prominent pro-crypto candidate. More so, this strategic shift marks a complete turnaround from his previous skepticism of digital currencies during his presidency. As the 2024 election nears, these contributions are crucial for boosting Trump’s campaign efforts. Additionally, the FEC filing indicated that these donations were accumulated from a diverse group of contributors spanning more than 15 states. These included several key battlegrounds and the American territory of Puerto Rico. Follow Us Like Share Comment Repost
Technical Outlook on NOT/USDT Pair $NOT {future}(NOTUSDT) {spot}(NOTUSDT) Moving Average (MA) and VWAP: 200-period MA: Positioned at approximately $0.00792, the current price is slightly above this level, indicating a potential support zone and a shift towards bullish sentiment if maintained.VWAP: Around $0.00834, close to the current price, which may act as an immediate support or resistance based on price action in the short term. Relative Strength Index (RSI): Current RSI: The RSI is at 50.19, a neutral zone. A move above 60 could suggest building bullish momentum, while a decline below 40 might confirm a bearish sentiment. Moving Average Convergence Divergence (MACD): MACD Levels: The MACD line is at 0.000191 and the signal line is at 0.000151, with the histogram in a positive but weakening range. This indicates slowing bullish momentum, and a potential crossover may signal future price direction. Cluster Analysis and Support/Resistance Levels: Support: Identified around $0.00750 - $0.00770, providing a floor in case of further downside.Resistance: Placed at $0.00880 - $0.00900, which could be a challenge for bulls if they attempt to push prices higher. Bullish Scenario: A breakout above $0.00900 with strong volume could lead to a rally, targeting the next resistance level near $0.01000.Sustained trading above the 200-period MA may encourage a bullish outlook. Bearish Scenario: A breakdown below the $0.00750 support level might trigger a deeper sell-off towards $0.00700 or lower.Failure to maintain above the VWAP may indicate rising selling pressure, increasing the likelihood of bearish continuation. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Please conduct your own research and consult with a financial advisor before making any investment decisions.
JP Morgan: Listed BTC Miners' Hashrate at All-Time High
The Three Vital U.S. Stock Market Indices Embark on a United Trajectory
BIG BREAKING 🚨 ELON MUSK MOVED $765 MILLION WORTH OF #BITCOIN TO SELF CUSTODY WALLETS - Bullish 📈
💰 Whale received and sold $3.8 million in #EIGEN and #PUFFER airdrops in the last 5 hours. This whale transferred $80 million worth of stablecoins to Bitfinex and Binance to buy 30,400 #ETH from January to May of this year, and then deposited 33,300 ETH into Puffer through 9 addresses to earn EigenLayer and Puffer points. Today, the whale staked 826,000 EIGEN ($2.76 million) and 2.08 million PUFFER ($1.05 million) through these 9 addresses, and then transferred EIGEN to Binance and PUFFER to Bitget. The whale currently owns 43,300 ETH ($114 million) and 1.11 million UNI ($8.64 million). $BTC {spot}(BTCUSDT)
STMX/USDT: Key Price Levels and Momentum $STMX {future}(STMXUSDT) {spot}(STMXUSDT) Moving Average (MA) and VWAP:200-period MA: Positioned around $0.00618, indicating the price is currently trading below this long-term average. This suggests a prevailing bearish sentiment unless price moves above this level.VWAP: Approximately $0.00554, which is close to the current price. This level could serve as immediate support or resistance based on volume activity. Relative Strength Index (RSI):Current RSI: At 47.50, the RSI is in a neutral range, indicating balanced momentum. A move above 50 could signal strengthening bullish sentiment, while a drop below 40 may point to increased selling pressure. Moving Average Convergence Divergence (MACD):MACD Levels: With the MACD line at -0.000048 and the signal line at -0.000049, the histogram is close to neutral, suggesting limited momentum. Traders should watch for a potential crossover to clarify trend direction. Cluster Analysis and Support/Resistance Levels:Support: Noted around $0.00530 - $0.00540, which may provide some stability if prices drop further.Resistance: Located around $0.00580 - $0.00600, representing a level that could challenge upward movement unless broken with strong buying interest. Bullish Scenario:A break above $0.00600 with sustained volume could trigger a run towards the next resistance zone at $0.00650.Consistent trading above the 200-period MA would support a longer-term bullish outlook. Bearish Scenario:If the price falls below $0.00530, it may open the door for further declines, potentially towards $0.00500.A failure to maintain above VWAP may suggest growing bearish pressure, especially if the MACD remains in negative territory. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Please conduct your own research and consult with a financial advisor before making any investment decisions.
Dogecoin Jumps 8% As Elon Musk Donates $75M To Elect Trump, DOGE to $1? Elon Musk, known for being a fan of Dogecoin meme coin, has donated nearly $75 million to America PAC to back Donald Trump in his presidential race. Musk has also pushed forward efforts regarding the proposed Department of Government Efficiency (DOGE) and campaigning with Trump, currently throughout Pennsylvania. Elon Musk Donates Massive $75 Million In US Elections Billionaire businessman Elon Musk boosted Donald Trump’s presidential run by donating nearly $75 million in donations to America political action committee (PAC), a pro-Republican group. The donation has pushed Musk on the list of top donors for Trump’s reelection bid. Musk created this PAC to support candidates who support core values of ‘Secure Borders, Sensible Spending, Safe Cities, Fair Justice System, Free Speech and Self-Protection.’ The group has already spent more than $96 million boosting Trump’s reelection bid, according to the independent non-profit OpenSecrets. Follow Us Like / Share Comment Repost
🚀 JPMorgan's latest report reveals that the combined hashrate of 14 U.S.-listed bitcoin mining stocks has hit a record 28.9% of the network hashrate! 📈 This marks a 70% YTD increase for these miners, showcasing their efficiency and financial muscle. The network hashrate rose 4% this month, with mining profitability inching up. With the U.S. election around the corner, JPMorgan hints at attractive trading opportunities in mining stocks. What do you think? Are mining stocks the next big thing? Share your thoughts below! 💬 #Bitcoin #CryptoMining #JPMorgan
🚀 **Bitcoin Mining Stocks Hit Record High in Network Hashrate!** JPMorgan reports that the combined hashrate of 14 U.S.-listed bitcoin mining stocks now accounts for a record 28.9% of the global network hashrate. This marks a significant 70% increase year-to-date, reflecting the efficiency and financial advantages of publicly listed miners. - **Network Hashrate:** Up 4% this month to 672 EH/s. - **Mining Profitability:** Slight increase of less than 1% since September. - **Market Cap:** Miners' market cap has risen 7% since September. Could this be an attractive trading opportunity as we head into the U.S. election? Share your thoughts in the comments! 💬
🚀 Bitcoin Bulls Eye New Heights! 🚀 Bitcoin enthusiasts, get ready for some excitement! After months of consolidation, BTC is on the verge of breaking its previous all-time high. The daily chart shows Bitcoin has surged past the 200-day moving average at $64K and is now testing the critical $69K resistance level. A successful breakout here could pave the way for a long-term rally. 🌟 However, caution is advised as the RSI indicates overbought conditions, hinting at a potential pullback. On the 4-hour chart, BTC has broken a bullish flag, reinforcing the bullish sentiment but also showing overbought RSI values. On-chain analysis reveals short-term holders are taking profits, which is typical in a bull market but could lead to a correction if selling pressure mounts. Stay tuned, Bitcoiners! The next few days could be pivotal. 🚀💰
🚀 Hold on to your hats, DeFi and Web3 fans! JPMorgan just dropped some spicy news on Bitcoin mining stocks! 🌐 1️⃣ The combined hashrate of 14 U.S.-listed Bitcoin miners now makes up a record 28.9% of the network hashrate. That's a 70% increase year-to-date! 📈 2️⃣ Network hashrate is up 4% this month, with mining profitability inching higher. Could this be the golden ticket heading into the U.S. election? 🎟️ 3️⃣ Mining stocks rallied as Bitcoin gained, with Greenidge Generation leading the pack at a 29% gain! 💪 What do you think? Bullish or bearish? Drop your thoughts below! 👇
🚀 **Crypto News Flash: Meme Coins on the Rise!** - **BOOK OF MEME (BOME)** is leading the meme coin rally with a 61% surge, breaking a six-month downtrend. Although still 62% below its all-time high, the momentum has shifted from bearish to bullish. Analysts predict further gains, with some eyeing a potential high of $0.03 by early 2025. - **Pepe Unchained** is making waves, raising nearly $20 million in its presale. This new project aims to build a Pepe-themed Ethereum layer 2 blockchain, promising lower fees and higher speeds. 💬 What are your thoughts on the meme coin surge? Comment below!
BOOK of MEME: Investors Rush to Buy As BOME Pumps 61%
BTC Can Chart New All-Time High If It Breaks Above This Obstacle: Bitcoin Price Analysis
Bitfinex Hacker Faces 5 Years in Jail; Will He Flip Again?
U.S.-Listed Bitcoin Miners Hit Record 29% of Network Hashrate in October: JPMorgan
Ready for anything https://x.com/bonk_inu/status/1846540796176081299/photo/1
.@JedMcCaleb mic'd up and ready for the big stage https://x.com/StellarOrg/status/1846534521887302018/photo/1
Tonight, we welcome Sunny for a special Space to talk about current and future plans for VeChain and VeBetter. Our goals are grand. Our connections are world leading. Join us, learn, get questions answered and be part of the journey! 🔗 https://x.com/i/spaces/1ypJdpAYqEjJW
Donald Trump : Jerome Powell rushed to cut Fed rates. – Being the head of the Federal Reserve is essentially one of the easiest jobs in government. You just have to go in there once a month and flip a coin to decide whether to raise or lower interest rates. – As president, I intend to have a say in the Fed's monetary policy. “I am ready to defend the dollar’s ​​status as the world’s reserve currency and not allow its position to weaken. How do you think $BTC will perform this weekend? #BTC Price Analysis#
Coincall has announced a strategic adjustment to its trading fees for BTC and ETH options, Regular users will benefit from a reduced taker fee of 0.030%, while VIP and block traders can enjoy even lower rates, with makers and takers down to 0%. This is another important initiative following Coincall's move to support users' investment funds as trading margins, enhancing the trading experience and improving liquidity. Coincall now offering over 10 altcoin options, including ORDI, TON, and SOL, making it the largest altcoin options exchange by trade volume.
[REDACTED] https://x.com/dymension/status/1846534872862461994/photo/1
WOO X Social Trading was a big hit. Our biggest product release to date became the driving force for our growth and user acquisition in Q3. In just a month, user participation surged by 35%, boosting platform activity and engagement. Check out some more stats below. https://x.com/_WOO_X/status/1846531790455832740/photo/1
We are thrilled to power @fanzeal_ and this groundbreaking partnership with @VfB, @MercedesBenz, and @Porsche. #Chromia makes it possible for huge brands to seamlessly integrate blockchain technology thanks to no gas fees, email login, and infinite scalability. https://x.com/Chromia/status/1846540756242051502/photo/1
$ALCX has confirmed strong support at $11 and is continuing its upward journey. With the potential to reach $40 in a relatively short timeframe, the positive performances of $AVAX and $LINK are expected to significantly impact this trend, with $ONE also playing a crucial role in this advancement.
What's the deal with those hex boxes in @playoffthegrid? Here's our guide to finding and extracting the valuable items in the hot @avax battle royale shooter—click to read via @ggDecrypt: https://decrypt.co/286413/off-the-grid-game-hex-guide
Bitcoin Price Will 'Rise Stupendously' as Middle East Conflict Intensifies, Says Arthur Hayes ► https://decrypt.co/286547/bitcoin-rise-stupendously-geopolitical-tensions-arthur-hayes?utm_source=twitter&utm_medium=social&utm_campaign=auto https://decrypt.co/286547/bitcoin-rise-stupendously-geopolitical-tensions-arthur-hayes?utm_source=twitter&utm_medium=social&utm_campaign=auto
Floki Inu (FLOKI) Market Trends and Key Indicators $FLOKI {spot}(FLOKIUSDT) Moving Average (MA) and VWAP:200-period MA: Positioned at approximately $0.0001386, indicating that the price is above the long-term average, which could suggest a slightly bullish sentiment.VWAP: Positioned around $0.0001461, close to the current price. If the price stays above this level, it may act as support. Relative Strength Index (RSI):Current RSI: The RSI is at 55.17, indicating a neutral momentum. A move above 60 could confirm a bullish sentiment, while a drop below 50 may suggest a potential reversal. Moving Average Convergence Divergence (MACD):MACD Levels: The MACD and signal line are currently close, with the histogram slightly negative, suggesting weak bearish momentum. Watch for a possible crossover as an indicator of a trend change.Cluster Analysis and Support/Resistance Levels:Support: Noted around $0.0001350 - $0.0001380, which could offer a foundation against further downside. Resistance: Positioned at $0.0001500 - $0.0001520, which may act as a barrier unless the price breaks above with strong volume. Bullish Scenario:A break above $0.0001500 with substantial buying pressure may push the price towards the next resistance zone near $0.0001600.Consistent trading above both the 200-period MA and VWAP could support a continued bullish outlook. Bearish Scenario:A decline below $0.0001350 may open up the possibility for further downside, potentially targeting $0.0001250.Failure to hold above VWAP may indicate increasing selling pressure. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Please conduct your own research and consult with a financial advisor before making any investment decisions.
BEARISH 🟥 #AMP #AMPUSDT 1D WAITING GAME ..
Hamster Kombat: Will HMSTR Price Hit $1 in 2024?
Today’s the day! @WorldLibertyFi token sale is live. Get your $WLFI tokens now.
Today’s the day! WorldLibertyFi token sale is live. Get your $WLFI tokens now.
Crypto Trading Educational Post 📉 Master the Gap Retest Strategy! 📉 This chart demonstrates how to utilize gap retests for strategic trading entries. Focus on Supply Zones and Entry Areas to optimize your trades. 🔑 Key Insights: - Supply Zone: Identifies where selling pressure can lead to price drops. - Gap Filled: Watch for gaps to close as part of the retest strategy. - Retest Entry Area: Prime location for entering positions after a gap fill. - Initial Target: Set your targets to capitalize on the downward move. Use this strategy to refine your entries and maximize trading success! 📊💼 $BTC $ETH $BNB #CryptoTrading #GapStrategy #marketanalysis. #TradingTechniques
PUMP IT UP !
Interview Questions for Michael Cahill, CEO of Douro Labs, Core Contributor to Pyth Network
ARB Token Kilit Açılımı 🔓 16 Ekim 2024'te 92.63 milyon #ARB tokeninin kilidi açılıyor! Bu miktar, toplam arzın %0.93'ünü oluşturuyor ve piyasa değerinin %2.54'ünü temsil ediyor. Açılacak tokenlerin yaklaşık değeri 50.31 milyon dolar.
Unite Partners With EigenDA to Revolutionize Infrastructure for Scaling Web3 Mobile Gaming (16 Oct)
India Crypto Regulations: New Rules for Binance Transactions!
Get off zero. Do it for your family. #bitcoin
GEM ALERT - $PIXCAT 💎 PIXCAT is a 9 day old CTO that has been launched on Pumpfun. After it bonded, the original DEV full clipped his position which brought the Market Cap down to 10k again. But one of the top holders was a #POPCAT whale that said in the comments "Someone CTO this, I will hold and support with funding". This is where the narrative becomes very strong for $PIXCAT. That #POPCAT is still the top holder and has locked 50% of his supply for 3 months. 🔒 The whale also sent 30 other top Popcat whales $PIXCAT supply to get their attention 🐳👀 The CTO team is based and has been pushing with raids, attending twitter spaces, Major Trending Livestream and more for the last few days and continues to come up with new ideas. The community is on fire and is creating art, music and there is even a game out. 🔥 Massive opportunity to grab a bag for a mid/long-term hold that can go to millies like Popcat did. Ca: HWhmEAFjtHK35b4CjRSbdbhh2muqUpgeW4vzZZcbpump Website https://pixcatsolana.xyz/
JUST IN: How Stablecoins Will Transform Finance: Insights from Monica Long. #XRP
BTC Leads Market Gains While Altcoins Face Varied Movements
BREAKING: Andrew Tate will list $TRW as a security, it will be backed by the Tate brothers and $25,000,000/monthly Meaning if you only own 0,50% you get $100,000/month for the rest of your life.
$FTM TM has seen a massive rally giving us a high at $0.7977, In an Elliot wave 5. I believe a pullback is coming, targets lie between the fib level 0.5 and 0.618. This lies between $0.5282-0.4647. {future}(FTMUSDT)
BULLISH 🟩 #SEI #SEIUSDT 1D GET READY !
ECB cuts interest rates as growth dwindles Super Bullish news !! 📰
JASMY/USDT Price Review: Awaiting Breakout $JASMY {future}(JASMYUSDT) {spot}(JASMYUSDT) Moving Average (MA) and VWAP:200-period MA: Positioned at approximately $0.0207, indicating that the price is currently slightly below the long-term average, suggesting potential bearish sentiment unless the price crosses above it.VWAP: Located around $0.0199, which currently acts as immediate support. Price stability above this level could bolster short-term bullish prospects. Relative Strength Index (RSI):Current RSI: At 55.60, the RSI reflects neutral momentum, with a slight bullish inclination. A move above 60 could signal a strengthening bullish trend, while a drop below 50 might indicate increasing selling pressure. Moving Average Convergence Divergence (MACD):MACD Levels: The MACD line is at 0.00022, and the signal line is at 0.00019, with a slightly positive histogram. This suggests weak bullish momentum. Watch for a potential bearish crossover that could signal a trend reversal .Cluster Analysis and Support/Resistance Levels:Support: Notable support lies around $0.0180 - $0.0190, providing a floor against further declines. Resistance: The resistance zone is observed at $0.0220 - $0.0230. A break above this range may pave the way for a stronger uptrend. Bullish Scenario:If the price sustains above $0.0207 (200-period MA) and manages a breakout above $0.0230, this could lead to further gains, possibly reaching $0.0250.Consistent trading above VWAP may further validate a bullish outlook. Bearish Scenario:A decline below $0.0180 could open doors to further downside, possibly testing the $0.0160 support level.If the price fails to hold above VWAP, selling pressure may increase, pushing the price lower. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Please conduct your own research and consult with a financial advisor before making any investment decisions.
🚀 **Dogecoin Soars Amid Meme Coin Mania and Bitcoin Surge!** 🐕‍🦺 - Dogecoin (DOGE) skyrocketed to $0.1283, its highest since Sept. 29, marking a 56% rise from its August low. - Trading volume hit $2.25 billion in 24 hours, the highest in over two weeks, signaling strong investor interest. - Futures market mirrored this trend, with open interest soaring to $768 million, the highest since June 19. - Other meme coins like Bonk (BONK) and Brett also saw significant gains. - Bitcoin crossed $68,000, boosting overall crypto market sentiment. Will DOGE break the $0.1318 resistance? Share your thoughts below! 💬
Ola Opens Eligibility Checker For Massive Verifier Season 3, Increases Token Prize Pool To 3% Ahe...
MoonPay Embraces Ripple: Enabling XRP Transactions and Storage
Avail and Symbiotic Team Up for DA and Security Solutions
🚀 Bitcoin dominance hits a new cycle high of 58.91%, a level not seen since April 2021! 🌟 1/ Bitcoin {{BTC}} is on fire, extending its week-over-week gain to over 12%, now trading above $68,000 for the first time since late July. Meanwhile, the broader market, represented by the CoinDesk 20 Index, is up by 9%. 2/ BTC's market dominance has surged from 57.13% at the start of October to 58.91%, showcasing its strength. This marks the highest dominance since April 2021, reflecting a total crypto market cap of $2.281 trillion. 3/ A key factor? Ether's {{ETH}} underperformance. The ETH/BTC ratio is at its weakest since April 2021, currently around 0.03850. This highlights ETH's struggle, underperforming BTC in 16 of the past 23 months. What are your thoughts on BTC's rising dominance? Share below! 👇
🚀 **Bitcoin Dominance Hits New High!** Bitcoin's dominance in the crypto market has surged to 58.91%, a level last seen in April 2021! 📈 This rise is driven by Bitcoin's impressive week-over-week gain of over 12%, pushing its price above $68,000 for the first time since late July. Meanwhile, the broader CoinDesk 20 Index is up by 9%. - **Market Cap Snapshot**: Total crypto market cap stands at $2.281 trillion, with Bitcoin alone accounting for $940 billion. - **Historical Context**: Bitcoin's dominance peaked above 70% during the 2020-21 bull market, then dipped to around 40% mid-2021, and has been climbing steadily since late 2022. - **Ether's Role**: Ether's underperformance is a key factor. The ETH/BTC ratio is at its weakest since April 2021, highlighting Ether's struggle against Bitcoin. What are your thoughts on Bitcoin's rising dominance? Drop your comments below! 💬