Bitcoin (BTC) is on the rise again, recently bouncing back to $67,661 after dipping to $65,000. This upward trend brings it closer to its all-time high, sparking excitement among traders and analysts. Despite hitting a resistance level, the cryptocurrency's recent dip is seen by some as a healthy correction rather than a reason to panic.

Bitcoin sails higher on US jobless claims, with the BTC price dip to $65,000 swiftly being left behind.

Bitcoin's (CRYPTO: BTC) potential to reach new all-time highs could be linked to the movements of gold, according to experts, who draw parallels between the two assets based on historical trends. What Happened: As gold continues its upward trajectory, some analysts are looking to the yellow metal's performance as a potential indicator of when Bitcoin might experience its next major breakout, according to a Coindesk report.

Crypto enthusiast Anthony Pompliano has projected a Bitcoin price surge in the coming months. He noted that Bitcoin's decentralized nature makes it immune to offensive government actions.

Michael Saylor, a co-founder and currently the executive chairman of MicroStrategy business software giant, has shared a regular Bitcoin-themed tweet with the cryptocurrency community.

Bitcoin options traders are increasingly buying post-U.S. election expiry call options in the $70,000-$80,000 range, according to an analyst.

Memecoins have surged in popularity, outpacing Bitcoin in both search interest and market gains, but how long the trend will last is unclear.

On Oct. 24, at block height 867,127, a bitcoin wallet from 2011 suddenly moved 150 bitcoins, marking the first transaction in over 13 years. This is the fifth occurrence this month of bitcoins from 2011 being spent, and it's extremely likely that most of these transactions are all connected to the same individual or entity.

Crypto Market Today: The crypto business has seen a modest rise over the previous day, surging 0.69%, pushing the total market cap to $2.3 Trillion. Investors and traders also showed optimism, which led to the 24-hour volume climbing by 19.53% to $82.4 billion.

A Bitcoin whale has transferred 850 BTC worth approximately $57.3 million to Binance. This adds to previous asset movement to centralized crypto exchanges as some analysts flag a correction.

There are ways to send Bitcoin and pay very low fees if you know the right tricks. Let's break it down so you can save money next time you make a Bitcoin transactions.

The Bitcoin market continues to see a lot of supportive action overall, but also has to watch the resistance area above, as there is a massive wall near the $74,000 level. This is a “buy on the dip market” from what I can see.

TL;DR Retail Investors Return Slowly: Bitcoin retail investors are re-entering the market, but their holdings have only increased by 1,000 BTC in the last month, indicating a historically slow accumulation rate.

A recent paper from the ECB in which the authors claim the existence of Bitcoin could impoverish non-holders and latecomers drew the ire from many bitcoiners

Ki Young Ju, CEO of CryptoQuant, has predicted that Bitcoin could transition from a speculative investment to a standard currency by 2030. Ju cited increasing institutional involvement and declining volatility as key factors.

I just learned Jack Dorsey provides over 60% of Bitcoin Core's funding - I think we need to decentralize their support.

Crypto analyst MMBT Trader has revealed that the Bitcoin price is retesting a bullish channel at the $65,000 price level. He further mentioned what market participants should expect if the flagship crypto holds above or breaks below this bullish channel.

Last month I compared Bitcoin's worst return to the worst return of other assets and stocks.

As the US presidential election nears, a record-setting $25 million Bitcoin options trade on Derive highlights growing institutional bets on a post-election Bitcoin rally.

Bitcoin (BTC) whales have started to increase their activity as optimism prevails on the broader crypto market. Earlier today, $222 million worth of BTC were shifted between unknown wallets, sparking speculations in the community about potential market activity.

Ethereum co-creator Vitalik Buterin has added his voice to the recent criticism over MicroStrategy co-founder Michael Saylor's assertion that concern regarding the use of regulated institutions for Bitcoin custody was mostly from “paranoid crypto-anarchists.” Buterin went as far as calling Saylor's statement “insane.

Founder and CEO of CryptoQuant, Ki Young Ju, stated a rise in Bitcoin mining difficulty could signal the possibility of Bitcoin becoming a digital currency.

Cardano taps BitcoinOS to integrate Bitcoin liquidity into its DeFi ecosystem using zero-knowledge cryptography for secure cross-chain functionality.

Ki Young Ju, CEO of CryptoQuant, predicts that Bitcoin will likely evolve into a widely accepted “currency” by 2030, aligning with the original vision of its pseudonymous creator, Satoshi Nakamoto. Ju shared this outlook in an Oct. 24 post on X (formerly Twitter).

From its current price levels, Bitcoin is looking at an 198.51% appreciation in the upcoming year.

Ripple's price has been bearish over the last few weeks as it failed to continue its upward momentum. However, the momentum during the past few days has been quite tumultuous, resulting in a choppy price action that puts the trend into question.

In a recent discussion about Bitcoin ETFs, SEC Commissioner Hester Peirce expressed her frustration with the agency's slow pace in approving these products. Peirce said that she had advocated for their approval as far back as 2018, pointing out that the SEC has applied a different standard to Bitcoin ETFs compared to similar financial products.

Market analysts are sending mixed signals on Bitcoin‘s (CRYPTO: BTC) price trajectory in the coming days, with some highlighting strong underlying fundamentals and others pointing to concerning technical indicators. What Happened: On Oct. 23, Bitcoin spot ETFs saw a total inflow of $192 million, with BlackRock's (NASDAQ:IBIT) ETF receiving a massive $317 million.

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 24, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

As Bitcoin tests critical levels, there's potential for a shift from bullish to bearish momentum. This level, which previously acted as resistance, is now expected to serve as support. If Bitcoin can maintain its position above this critical level—around $65,000 to $67,000—it could mean a continued bullish trend.

The crypto market has recently experienced significant movements, particularly with a notable increase in Bitcoin. Discover below the current trends, technical indicators, and on-chain metrics that signal an upcoming price rise!

Get more Crypto Updates https://www.youtube.com/channel/UCUv89KvVvjuH-NngyBhfwTg/about Are NFTs dead? Think again!

The CEO of Coin Bureau, Nic Puckrin, mentioned that BTC was entering an accumulation phase, signaling possible bullish sentiments among investors to hold the asset long-term. The crypto executive shared a chart from Glassnode showing BTC balances on exchanges have recently dipped to all-time lows.

As the 2024 BRICS Summit commences in Kazan, Russia, discussions surrounding cryptocurrency have taken center stage. Lawmakers from Brazil, Russia, India, China, and South Africa are exploring the potential for Russian miners to leverage Bitcoin in international trade, aiming to circumvent the stringent sanctions imposed by the United States.

How did the crypto community react to Saylor's latest comments?

The price of Bitcoin (BTC) faced a rejection around the $69,000 level. Since then, it has dipped toward the $66,000 price range.

While most of the altcoins have been trying a push upside, the Ethereum (ETH) price has continued to move sideways flirting around $2,550 levels. The ETH/BTC pair has also been heading lower hitting the lowest levels since 2021.

Solana (SOL) is becoming the Ethereum of this bull market. Up 30% against its USD pair since early October, $SOL is the gains leader among the top 50 cryptocurrencies by market capitalization.

Grammy-winning rapper Ermias Joseph Asghedom, better known by his stage name Nipsey Hussle, developed a conviction for cryptocurrencies much before they became a viable mainstream investment option. What happened: During a 2018 interview with Hard Knock TV's Nick Huff Barili, the Los Angeles-born music artist famously described cryptocurrencies as a form of "Karma.

Crypto mining firm TeraWulf plans to offer $350 million in convertible senior notes due 2030 to qualified institutional buyers, with proceeds aimed at corporate purposes.

El Salvador's President Nayib Bukele has donated two BTC, valued at approximately $133,000, to support the construction of 1,000 schools in Honduras, according to an Oct. 24 X (formerly Twitter) video.

Bernstein Research, the esteemed research arm of global asset manager AllianceBernstein, is projecting that Bitcoin will reach $200,000 by the end of 2025. The firm, which manages assets worth $791 billion as of August 2024, labels this prediction as “conservative” in its latest 160-page “Black Book” on Bitcoin.

BlackRock has bought $317 million worth of bitcoin on Wednesday even while price fell to a low of $65,200.

Japanese tech firm Metaplanet has become a significant player in the cryptocurrency space, adopting an aggressive Bitcoin acquisition strategy that has driven its stock price up 644% year-to-date (YTD). The company, often dubbed “Asia's MicroStrategy,” recently raised ¥10 billion ($66.9 million) through a strategic stock sale to expand its Bitcoin holdings.

Bitcoin mining difficulty has surged by 378% over three years, signaling the potential for institutional-driven BTC stability by 2030.

A new day, a new round of inflows into BlackRock's Bitcoin ETF IBIT, and correspondingly new purchases by the hedge fund giant of cryptocurrency in its wallets.

Bitcoin network growth showed remarkable expansion in October and might boost BTC's medium prospects.