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news-imageNovember 27, 2024

Bitcoin's Short-Term Holder SOPR At A Critical Level, What Does This Mean For BTC?

As Bitcoin's price continues to fluctuate, several important metrics might be essential in determining the digital asset's next direction so that crypto enthusiasts and investors can position themselves for notable market shifts in the upcoming days.
Publisher: Bitcoinist
Sentiment: Neutral
BTC

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Positive
cover-imageThe Currency Analytics
November 27, 2024

Bitcoin Price Rally Beyond $100K: Key Insights

Bitcoin (BTC) has recently experienced impressive gains, with a notable 46.59% rise in its monthly value, pushing its market capitalization to a remarkable $1.94 trillion. Despite this growth, Bitcoin's price has recently been trading within a relatively narrow range, leading some to speculate about its next major move.

Positive
cover-imageBenzinga
November 27, 2024

Jim Cramer Says Bitcoin And Ethereum 'Deserve A Spot In Your Portfolio' As Hedge Against Rising US Debt: 'I've Liked Crypto For A Very Long Time'

Financial analyst Jim Cramer endorsed owning cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) as a safeguard against government overspending and an ever-increasing deficit. What Happened: Cramer defended his pro-cryptocurrency stance, stating that the concerns over national debt are perpetual, CNBC reported Tuesday.

Positive
cover-imageCryptoSlate
November 26, 2024

NYSE files to list Bitwise's Bitcoin and Ethereum mixed ETP

NYSE Arca filed a 19b-4 Form to list a Bitwise exchange-traded product (ETP) offering direct spot exposure to Bitcoin (BTC) and Ethereum (ETH), weighted by their market capitalization. According to a Bitwise statement, the proposed Bitcoin-Ether ETP aims at simplifying portfolio allocation for investors seeking exposure to the crypto market's most established assets.

Negative
cover-imageYahoo Finance
November 26, 2024

Bitcoin retreats in push to $100,000

To get the latest market news check out finance.yahoo.com Bitcoin prices (BTC-USD) retreated about 2% on Tuesday as the cryptocurrency's bid to reach the $100,000 milestone lost steam. The largest digital currency, which posted its longest losing streak since Trump's election win, traded just around $92,500 per token in early afternoon trade.

Neutral
cover-imageThe Currency Analytics
November 26, 2024

$9.4B Bitcoin Options Expiry and Its Impact on BTC Price

The cryptocurrency market is set to face a major event, with $9.4 billion worth of Bitcoin options and $1.3 billion worth of Ethereum options set to expire. This event could trigger significant volatility in the market, especially after the U.S. Thanksgiving holiday, leaving traders and investors on edge.

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