Bitcoin (BTC) briefly reclaimed $100,000 after registering a jump of almost 3%, making a strong recovery after plunging below $90,000 a day prior. The increase can be attributed to fresh inflation data and regulatory developments considered bullish for the flagship cryptocurrency.
Ripple (XRP) was the lone gainer, rising 1.4% from Friday.
After three torrid days of sharp downward price action, the market is beginning the recovery on Friday. Among the frontrunners so far are Sui (SUI), Render (RENDER), and Fantom (FTM).
Render (RNDR) has seen an impressive 29% surge in just seven days, catching the attention of both retail and institutional investors. At press time, RNDR is trading at $8.73, marking a 3% gain in the last 24 hours.
While American bond yields have surged this week, cryptocurrencies offer investors a good way to benefit from price movement and staking yields. With some Ethereum tokens yielding above 10%, these assets are doing better than bonds and dividend stocks.
Every year, some altcoins manage to outshine others with their unique technology and strong market demand. These standout performers can give life-changing gains to early backers and showcase exponential growth. In the past, projects like Cardano (ADA) and RENDER have gone from a $10 million market cap to become multi-billion projects.
An MVRV ratio of 1.48 also suggests that Render is in the early stages of a bull market cycle.
Render Token ($RENDER) has once again caught the eye of cryptocurrency analysts by forming a notable bullish chart pattern known as the cup and handle. This pattern, identified on the daily chart, has a neckline set at around $10, which is a critical resistance level for the token. Currently trading at $8.
The Render (RENDER) price has successfully regained momentum by displaying a strong bullish outlook. Reportedly, this Artificial Intelligence (AI) token has soared over 21%, indicating an increase in the adoption process of this technology in real-world applications.
Both $AVAX and $RENDER are following Bitcoin's lead by being in the green on Monday. Can both of these altcoins continue to copy Bitcoin by getting back to their all-time highs?
Bitcoin (BTC) has seen a marginal uptick after spending most of the weekend below $98,000. The world's largest cryptocurrency has climbed above $99,000 and is currently trading around $99,100 as bulls set their sights on reclaiming $100,000.
Render prices are testing the $8 resistance zone after a 32% price surge over the last two weeks.
TAO rallies with a 20% surge, signaling potential for extended bullish momentum.
Bittensor (TAO) price is up 15% in the last 24 hours, as it continues to challenge RENDER for the second spot among the largest AI-focused cryptos, with VIRTUAL firmly holding the top position.
Are you trying to figure out which altcoins could make a difference in your portfolio this week? The crypto market is packed with opportunities, but knowing where to look is key. With innovation driving fresh projects forward, there's always something worth considering if you want to make smart investment choices.
Render Network's 2024 achievements include token upgrades, expanded 3D tool support, AI integrations, and significant community growth, setting the stage for 2025.
The $7 level is acting as strong resistance. If Render breaks above this level, it could indicate a bullish reversal.
Bitcoin (BTC) continued to slide despite signs of an attempted recovery reaching an intraday high of $94,804 during early trading hours before a rapid decline dropped it to a low of $91,788. BTC is trading at $92,317, down almost 1.33% in the past 24 hours.
The cryptocurrency market continues its recovery, one asset that's catching the attention of traders and investors alike is RENDER, the native token of the Render network. After showing promising signs of upward momentum, many are speculating that the token could be poised for a substantial rally.
Bitcoin (BTC) didn't bring much holiday cheer to investors as it remained under $100,000. BTC has been marginally down over the last 24 hours and is trading at around $98,100.
RedTeam platform emerges as a groundbreaking solution to combat AI-driven bot threats, offering crypto rewards to ethical hackers for security contributions.
RENDER is doing well, but can it do even better soon?
The story of a successful crypto token characterized by several speculative bull.
Hyperliquid's HYPE, following its billionaire airdrop, surged to a new all-time high on December 21 before entering a steep correction. Meanwhile, RENDER, the leading AI-focused token, has seen a sharp 20% decline over the past week, with its market cap falling to $3.7 billion.
Bittensor's native cryptocurrency, TAO, has quickly become a significant player in the blockchain space, particularly with its focus on creating a decentralized market for artificial intelligence (AI). The project's unique approach has garnered attention, and TAO's price has experienced notable growth in recent months.
While last week's dip tested RNDR's resilience, the altcoin has strongly bounced back, reclaiming investor confidence in a short span.
Bitcoin (BTC) plunged below $100,000 following Federal Reserve Chair Jerome Powell's comments on reducing rate cuts in 2025, rattling investors and leading to a massive selloff across asset classes.
Bitcoin's sudden drop from $108,000 to $96,000 has shaken the market of digital assets. This surprise move lit a fire under selling across all altcoins, with Render ($RENDER)being hit hardest and crashing -26%, breaking its 40-day trendline too.
Render (RNDR) has seen a sharp 15% price decline over the past three days, a move that reflects broader market uncertainty. Despite this, a significant portion of its holders—around 70%—remain in profit, signaling a resilient investor base.
Render's whale activity dip raises questions as 70% of its holders have been in profits.
Two names that frequently come up in discussions about innovative projects are Altura ($ALU) and Render ($RENDER). While both have their unique strengths, Altura is shaping up to be the better investment for Q1 2025.
Render ($RENDER) and Altura ($ALU) are two popular tokens attracting significant attention
TAO might be on the verge of regaining its bullish momentum on the charts.
Solana joined Render as an underperformer, dipping 2.1%.
Bitcoin (BTC) reached an intraday high of $102,500 on Thursday as the crypto market staged a dramatic recovery after the crash earlier in the week. However, selling pressure forced BTC below $100,000, with the cryptocurrency down 1.24% and trading at $99,750.
RENDER price is up more than 10% in the last 24 hours, solidifying its position as the largest AI coin by market cap, ahead of competitors like FET and TAO. Despite this recent surge, on-chain data reveals mixed signals about its future trajectory.
Ethereum Classic (ETC) was among the top performers, gaining 11.3% from Tuesday.
The crypto markets endured a difficult start to the week as Bitcoin (BTC) briefly retreated to $94,000. The markets witnessed an absolute bloodbath, with $1.5 billion in crypto derivatives positions liquidated thanks to BTC's drop.
Few coins have shown the kind of momentum RENDER has recently achieved. Last week, the token surged by more than 18%, bringing its price to $10.43.
Bittensor (TAO), a promising altcoin, has been catching the attention of traders and analysts alike as it forms a classic “Cup and Handle” pattern on the charts. This bullish chart formation suggests that TAO could be on the verge of a breakout, with price projections pointing toward a potential surge to $1,000—a 65% increase from its current levels.
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RENDER was recently listed on a major exchange, which can propel further growth!
Render (RNDR) has been on an impressive upward trajectory, recently experiencing a significant 40.16% surge in just 24 hours, reaching a nine-month high of $11.85. This strong rally has also driven a massive spike in trading volume, which soared by an extraordinary 244.93%, pushing the market capitalization past the $5 billion threshold.
TAO's Cup and Handle pattern projected a breakout towards $1,000, with a 65% surge from its press time levels.
Render Token (RNDR) has surged 40.16% to $11.853 amid increased trading volume, whale accumulation, and rising scarcity metrics.
Render has experienced a strong upward momentum over the past 24 hours to hit a 9 months high.
RENDER price recently surged, and the coin achieved a market cap of $5 billion, cementing its position as one of the leading AI coins. While its EMA lines indicate a strong uptrend, with RENDER price above all key averages, shifting market sentiment has led to a negative BBTrend, signaling potential challenges ahead.
On December 5, the trending altcoins include cryptocurrencies that have previously gained attention. These assets rank among the most discussed and searched due to various factors.