The recent announcement by the Federal Reserve to cut interest rates by 50 basis points has sent shockwaves through the market, especially among altcoins. The Fed rate cut has resulted in a significant surge in Bitcoin (BTC) and altcoin prices, with notable performances from Sui (SUI), Celestia (TIA), Fantom (FTM), Bittensor (TAO), and Sei (SEI).

With the growing certainty over the crypto space, some of the projects are set to outperform as they possess the ‘shill narrative'. Some bullish catalysts, like the FTX narrative, the probable win of Donald Trump, and further rate cuts, have strengthened the tokens.

Long positions were disproportionately high, which could drag prices downward to liquidate the late bulls.

Story Highlights The live price of the IMX token is The ImmutableX price could hit $2.41 in 2024. With a potential surge, the IMX price could reach $9.77 by 2030. A plethora of virtual currencies and protocols can be found in the ever-changing crypto space.

The recent interest rate cuts by the Federal Reserve have triggered a surge in whale activity for key altcoins like Fantom (FTM), Immutable X (IMX), and Basic Attention Token (BAT), according to Santiment, a leading market intelligence platform.

The crypto market update for September 19, 2024 Asian trading hours sees Bitcoin break above $62,000. BTC price rose as traders cheered the US Federal Reserve's 0.5% interest rate cut – the first one since 2020. Most altcoins also traded higher, with Ethereum gaining to above $2,450.

Celestia (TIA) price has experienced a notable increase in value recently. Currently, the price is stable, maintaining its position above established support levels.

After finishing as the second top market gainer recently, momentum is building for an IMX rally.

Cryptocurrency markets are known for their volatility, and recent predictions from noted analyst Altcoin Sherpa add another layer of uncertainty. Sherpa's latest forecast for Celestia (TIA), a modular blockchain network, suggests that the token might soon dip below $1.

Internet Computer price retreated for the fourth consecutive day as network activity surged following the launch of fair minting protocols in its ecosystem. Internet Computer (ICP) dropped to $7.70, its lowest level since Sept.

With the BTC price sustaining above the $60K mark, the bull run in the altcoin segment is heating up. As the speculations of a bull run in Bitcoin to the $100K sparks up with Presidential elections and rate cuts, the gaming, AI, and meme cryptos are racing fast.

A popular crypto analyst thinks the modular blockchain network Celestia (TIA) will collapse in price over the long term. Pseudonymous analyst Altcoin Sherpa tells his 222,800 followers on the social media platform X that TIA will plunge to below $1 eventually, though he acknowledges it could see some “random short squeezes” before that.

Celestia experiences strong price growth and market cap rise, but negative funding rates signal caution in the derivatives market. Will the upward momentum continue?

Cryptocurrency prices were mixed as traders focused on the upcoming Federal Reserve meeting, with the crypto fear and greed index remaining in the fear zone.

This week remains vital for the financial industry, with markets expecting tomorrow's first rate cut by the Federal Reserve since 2020. The previous interest rate reduction triggered a bull run in the crypto market, and analysts expect the same this cycle.

No sooner than the Bitcoin price displays some bullish possibility, the altcoins have begun to thrive to some extent. The Fantom (FTM) price displays immense strength with over 10% gains, while the Celestia (TIA) price follows suit.

These three artificial intelligence-linked crypto projects are rocketing higher this week.

AI tokens have surged in popularity, signaling a strong shift in investor focus from memecoins to AI-driven projects.

As the global crypto market cap crosses $2.10 Trillion, the price of Bitcoin has successfully reclaimed the $60,000 mark. Moreover, with a jump of 10.63% over the past week, it is currently valued at $60,226.36. Following this, altcoins have recorded a massive uptrend in their respective valuation.

Celestia (TIA) is making big moves, ranking as one of the top gainers in the last 24 hours.

Cryptocurrencies are largely in the green Saturday as traders anticipate the Federal Reserve will cut interest rates next week and Bitcoin retests the crucial resistance point at $60,000.

TL;DR 2024-2025: Internet Computer Protocol (ICP) price predictions vary widely, with estimates ranging from $8.68 to $568.54, reflecting differing market sentiments and adoption rates. 2026-2027: Analysts predict ICP could see prices between $7.50 and $39.58, with potential fluctuations influenced by market reactions and Bitcoin halving events.

Celestia offers scalable, privacy-focused apps on Fhenix's network by making data available. Fhenix's integration with Celestia improves both privacy and processing efficiency.

Celestia (TIA) aims to increase its influence by offering light nodes through its block explorer. In the future, light nodes will be integrated with every wallet to secure the network in the most decentralized way possible.

Internet Computer (ICP) whales, who have been reaping significant profits from Decide AI (DCD), are now turning their attention to Mpeppe (MPEPE), the fast-growing AI-powered crypto casino. Priced at just $0.0021 USD, Mpeppe (MPEPE) is quickly becoming the go-to choice for these high-stake investors.

The CoinDesk 20 inched lower, despite 10.6% gains by Polygon.

The cryptocurrency market continues to surprise both newcomers and veterans alike, with explosive growth seen in some of the more well-established projects. However, a new contender has entered the space: GoodEgg (GEGG), an AI-driven meme coin priced at just $0.00015.

Celestia, a top network and one of the few modular blockchains, is building. Less than a year after transiting to the mainnet after months of testing, the platform is taking bold steps to scale the base layer and further boost data availability.

In the fast-paced world of cryptocurrency, seasoned investors are always on the lookout for new opportunities to reinvest their profits for massive returns. Recently, Internet Computer (ICP) has been a favorite among crypto enthusiasts, delivering double-digit gains and outperforming the broader market trends.

The crypto markets witnessed a steep pullback in the past few days, which dragged the Bitcoin price below $54,000. Fortunately, the price triggered a V-shaped recovery in the next few days, which stabilised the entire market. In the meantime, the memecoins, the Solana ecosystem tokens and the AI tokens have been gaining significant strength.

TIA is seeing an increase in price. However, notable analyst suggests further surge could occur if the asset breaks above a certain level.

Dominic Williams, chief scientist at DFINITY Foundation, shared major upgrades implemented across the Internet Computer blockchain protocol. Williams shared an updated Internet Computer (ICP) deck detailing new developments on the self-styled “World Computer” decentralized network.

Internet Computer might soon touch $19 as the bulls continue to dominate.

As we move through the latter half of 2024, the cryptocurrency market remains as volatile and dynamic as ever. Among the top contenders making headlines is Internet Computer (ICP), a project that aims to revolutionize the internet by decentralizing backend infrastructure.

The cryptocurrency world is no stranger to fierce competition, especially in the ever-evolving realms of artificial intelligence (AI) and meme coins. While Internet Computer (ICP) continues to be a prominent player in the AI blockchain space, the emergence of GoodEgg (GEGG)—an innovative AI-driven Play-to-Date meme coin—has drawn significant attention and could signal a shift in investor preferences.

As the cryptocurrency market evolves, new and innovative projects are emerging to challenge established players. One of the latest disruptors in the space is GoodEgg (GEGG), a hybrid AI and Social-Fi project that is quickly gaining traction.

In the rapidly evolving world of cryptocurrencies, new opportunities and challenges arise daily. While some projects struggle to maintain momentum, others seize the moment and push forward with innovative technologies.

In the rapidly evolving world of cryptocurrency, three standout projects—Internet Computer (ICP), Decide A.I (DCD), and GoodEgg (GEGG)—are making waves as they set to dominate the AI-driven blockchain space. With advancements in decentralized applications, artificial intelligence, and unique meme-driven features, these projects are creating a diverse and robust ecosystem for crypto enthusiasts.

Cryptocurrency prices and stock indices retreated slightly after the U.S. published encouraging Consumer Price Index data. Uniswap, ICP, AAVE rise, Bitcoin retreats Bitcoin (BTC) retreated to $56,600, while the total market cap of all cryptocurrencies fell to $2 trillion.

With a jump of 13.86% over the past 24 hours, the ICP price has secured the top gainer spot for the day among the top 100 cryptocurrencies by market capitalization. The prime reason for the recent jump is speculated to be the sudden inflow of funds into the project.

TL;DR Apple's AI Boost: The iPhone 16's advanced AI features have significantly impacted AI tokens, with ICP and FET seeing notable gains of 10% and 5%, respectively. Mixed Market Reactions: While ICP and FET outperformed, other AI tokens like Injective (INJ) saw modest increases, and some, like Near Protocol (NEAR) and Render (RENDER), experienced declines.

The iPhone maker's "It's Glowtime" event on Monday focused on bringing AI capabilities to the smartphone.

Internet Computer (ICP) has surged by double digits, outperforming the broader crypto market due to positive technical indicators and on-chain metrics

The other impressive gainer from the larger-cap alts is AAVE.

In the last 24 hours, ICP's open interest has jumped by 21%, showing that more investors are taking long positions in futures.

Several major token unlocks are set to take place in the coming months, which could potentially de-stabilizing the altcoin market. These unlocks will introduce large amounts of new supply, and as a result, investors are bracing for possible price crashes this month.

Several major token unlocks are set to take place in the coming months, which could potentially de-stabilizing the altcoin market. These unlocks will introduce large amounts of new supply, and as a result, investors are bracing for possible price crashes this month.