Bitcoin (BTC) surged past $100,000 as it continued its upward momentum in the new year. The cryptocurrency went from a low of $98,760 to $102,413 late on January 6 before dropping marginally to its current level of $101,745.

Algorand (ALGO) has been making waves in the cryptocurrency space lately, capturing the attention of traders and investors alike. With its strong performance on the charts, combined with increasing network activity and its innovative governance structure, ALGO is positioning itself as a major player in the market.

The cryptocurrency market has started to show signs of a recovery as Bitcoin's price strengthens, waking up altcoins that were previously suppressed under bearish pressure. Among the tokens gaining traction are Hedera (HBAR) and Algorand (ALGO), which have displayed considerable strength since the beginning of the year.

The crypto market has gotten off to a flying start to 2025, recovering from recent losses as investor optimism returns. Bitcoin (BTC) crossed $95,000, reaching an intraday high of $97,721 before registering a marginal drop and dropping to its current level of $96,712.

After a sluggish close for 2024, the crypto markets are trying hard to recover from the latest sluggish trend and as a result, the altcoins are trying hard to reclaim their dominance.

Algorand (ALGO) trading volume has spiked by 130% in the past 24 hours, pushing the token's price to $0.40. This rebound has brought 38% of ALGO holders into unrealized profits.

The following article is an op-ed by Laurent Benayoun, CEO of Acheron Trading. Algorithmic trading, or “algo trading”, has swiftly established itself within the financial landscape, particularly within the volatile, high-paced crypto market.

Latest updates on the coins ALGO, IVY, and Phantom.

As Bitcoin (BTC) continues to dominate headlines with its record-breaking surge, up 46% since November's election and 133% year-to-date, attention is shifting to altcoins that offer high potential at a lower price point.

Algorand (ALGO) has seen impressive growth in recent months, particularly with a substantial surge of over 250% in Q4 2024. Despite these gains, ALGO is still trading far below its all-time high of $3.28, suggesting that the coin remains undervalued and has significant potential for growth.

Santa Claus rally happened in the crypto industry as some big altcoins experienced double-digit gains. Pudgy Penguins (PENGU), the recently airdropped token, soared by 40% on Dec. 24, bringing its market cap to $2.26 billion.

As 2024 comes to a close, the cryptocurrency market remains a landscape of volatility and opportunity, drawing the focus of traders and investors alike. Amid widespread selloffs and a bearish outlook, a select group of altcoins is defying the odds, gaining momentum, and positioning themselves for significant milestones.

Spike in active addresses could be as a result of traders selling ALGO to minimize their losses during the dip.

Bitcoin (BTC) reached an all-time high for the second consecutive day, going past $108,000 and reaching a peak of $108,286. However, the cryptocurrency declined dramatically after reaching this level and is currently trading below $104,000, down almost 3% over the past 24 hours.

Algorand (ALGO) has declined 34% to reach a critical $0.40 support level, where it currently trades with decreased volume and momentum amid bearish technical indicators.

Bitcoin's (BTC) price hit another milestone on Tuesday, touching historic peaks above $107,000. While the Fear and Greed Index reads “Extreme Greed,” Ripple's XRP and Algorand (ALGO) attracted the attention of altcoin enthusiasts. Bitcoin breaks ATH records The leading crypto by market cap stirred the markets today after hitting the $107,780 all-time high.

Algorand's price has faced a sharp decline of 34%, dropping from $0.61 to a critical support level of $0.40. This steep correction came amidst a shift in the broader cryptocurrency market, triggered by Bitcoin's dominance reclaiming momentum and cooling off altcoin gains.

SuperTrend indicator flashed sell signal for ALGO on the 4-hour chart.

ALGO's Open Interest has been slowly trending lower, as has the spot CVD.

Algorand (ALGO) has recently witnessed a surge of 12.52% in the past 24 hours, bouncing back from a pullback earlier this week. This upward movement comes on the heels of a market correction that saw ALGO decline by 4.26% on the weekly charts.

Algorand has surged by 12. 52% over the past day after a weekly decline.

Bitcoin (BTC) reclaimed $100,000 after registering an increase of over 4% in the past 24 hours as the crypto market rallied following the release of the November inflation data. The world's largest cryptocurrency almost crossed $102,000 after reaching an intraday high of $101,819 before retreating to its current level.

Algorand's price stands at around $0.42, following a significant surge during Q4 of 2024, where it saw over 250% growth. Despite this surge, the ALGO coin is still far from its all-time high (ATH) of $3.28, a price it reached in 2019.

Hoskinson discussed the potential role of Cardano and other leading blockchain projects like Multiverse, Algorand, and Hedera in shaping the crypto policy landscape under the new U.S. administration.

Algorand [ALGO] has captured attention in the blockchain community with a staggering 300% increase in its Total Value Locked (TVL) within just 30 days. This rapid growth has brought the blockchain's TVL to a peak of $244.74 million, a significant milestone for its ecosystem.

Algorand (ALGO) has recorded impressive price actions in the past few sessions as bulls pushed past crucial resistances. Further, the crypto project saw a significant surge in total value locked over the last month, underscoring renewed investor interest in Algorand blockchain.

Algorand's TVL has soared over 300% in 30 days, reaching $244 million before stabilizing at $184.5 million.

Algorand (ALGO) has been riding high in recent weeks, with a significant increase in active addresses on its network. Since December 1st, active addresses surged by an astonishing 300%, jumping from 123,570 to 427,230, signaling a rise in network activity.

Bitcoin (BTC) retreated sharply from its all-time high of $103,604, dipping to a low of $94,035 before recovering to climb back above $$97,000 and to its current level. The drop came a day after BTC crossed the historic $100,000 mark, with its market capitalization also shrinking to $1.95 trillion.

Algorand strikes like lightning in the crypto jungle. But a sudden dive reminds us that the skies do not forgive excess.

Algorand's active addresses spiked by 300% since 1st December. Over the past 24 hours, Algo has declined by 10.5% signaling market correction.

Over the last 30 days, Algorand's (ALGO) price has increased by 360% following a broader altcoin rally. As a result, daily active addresses on the Algorand network have surged to the highest point since November 7.

The Algorand network has registered a more than 300% surge in daily active addresses to about 313K in the past four days.

The altcoin industry has rebounded from the ashes of the 2022 crypto bear market and entered a new bull market phase, as Bitcoin (BTC) price continues to consolidate in a short-term bearish outlook.

The bulls have become pretty active but have shifted their focus on the primitive tokens, which have stood throughout the 2021 bull run and the 2022 bear market. One among them is Algorand, which has been displaying immense volatility regardless of the market trend.

Algorand (ALGO) has captured the attention of the cryptocurrency market with an extraordinary price surge. This altcoin's performance has outpaced many major assets, raising questions about its future trajectory.

Story Highlights The ALGO price soared ~320% in November and recorded a multi-year high. The technical indicators record increased bullish sentiment, hinting at a higher price target. A sustained bullish rally could push the price toward its upper price target of $0.60.

Bitcoin (BTC) held above $95,000 despite facing a slight pullback over the weekend, falling just over 1%. Spot Bitcoin ETFs have seen notable weekly outflows that have stalled momentum towards the $100,000 milestone.

Algorand (ALGO), currently priced at around $0.43, has made impressive gains, especially with a recent surge of over 250% in valuation. Despite this rise, it still remains significantly below its all-time high (ATH) of $3.28, which occurred in June 2019.

Top cryptocurrencies to watch this week include XRP, APE and ALGO; Bitcoin, meanwhile, rebounds to $97,000.

Algorand (ALGO) has captured the spotlight in the cryptocurrency market, trading at $0.44 after a dramatic one-day gain of 17% and an impressive 47% rise over the past week.

Algorand is on a fast-paced surge to $1 amid a boom in Open Interest and general market outlook.

Crypto prices traded higher on Friday for most assets as Bitcoin (BTC) targeted the $100,000 milestone again following last week's failed attempt. Algorand, Peanut the Squirrel and XRP are among top performers on the day. Market data shows the global cryptocurrency market cap rose to $3.

Algorand (ALGO) price has seen a jump in the last 24 hours, with the token swaying between an intra-day high of $0.408 and a low of $0.2952. This rally has prompted analysts to project a price surge above the $1 mark, largely driven by the ‘Golden Cross' observed on the ALGO price chart.

TL;DR Algorand (ALGO) reached a two-year high after a 37% increase in the last 24 hours, bringing its value to $0.3999, the highest level since November 2022. ALGO's TVL has grown by 26%, reaching $157.97 million, while open interest in futures has risen to its highest level since November 2022.

Algorand price experienced a strong bullish breakout on Nov. 29 as cryptocurrencies continued their uptrend. Algorand (ALGO), a top layer-1 network, surged to $0.40, marking its highest level since November 2022.

Smart contract platform Algorand (ALGO) is currently up 27% over the last 24 hours. Algorand continued its surge from yesterday, achieving highs of $0.38 in today's trading session.