Bitcoin Bull Run Already Over? Quant Sounds Alarm Over Active Addresses Trend
On-chain data shows the Bitcoin Active Addresses have continued to see a steep decline recently, a sign that could be bearish for BTC.
Keep up with what's happening in the crypto world in real-time.
On-chain data shows the Bitcoin Active Addresses have continued to see a steep decline recently, a sign that could be bearish for BTC.
Quant attracted institutional players and retail traders as QNT maintained robust bullish sentiments before the post-Fed rate cut broad market rebound. Meanwhile, the altcoin trades in a seemingly break-or-make point after gaining 43% the previous month. Quant lost 2% and 1.58% in the past week and day. Meanwhile, its current price of $74.
QNT maintains bullish sentiment but needs to hold key support to trigger further gains.
Bitcoin has struggled to hold onto the critical $60,000 support level in recent weeks due to the increasing selling pressure. Meanwhile, several emerging altcoins have outperformed Bitcoin over the past week. This has made analysts rethink their forecasts on leading altcoins including FET, Quant and Fantom which might lead gains in the coming week.
Bitcoin's rebound above $57,000 sparks a wave of gains across the altcoin market, with QNT, FTM, and OM leading the charge.
On-chain data suggests further tailwinds for Quant's price.
Quant (QNT) investors are looking for new opportunities to maximize their bullish gains. One of the most promising investments gaining attention is Mpeppe (MPEPE), a new gambling coin currently priced at $0.0021.
QNT, the native token of Quant, has seen a 10% surge over the past day, making it the top gainer in the market today. According to price data from crypto.news, Quant (QNT) was trading at $77.02 upon writing.
Amid the crypto market hitting a crossroads near the weekend, the altcoins market is ending the week on a minor recovery note. With the increasing chances of a breakout rally next week, many altcoins offer a simple buy low, sell high opportunity.
The crypto prices today have sparked a tidal wave of speculations among investors globally. Bitcoin (BTC) price encountered turbulence at the $58K level, whereas Ethereum (ETH), Solana (SOL), and XRP mimicked a volatile movement.
Cryptocurrency prices moved sideways this week even after the United States published encouraging consumer inflation data. Bitcoin was stuck below $60,000 while Ethereum moved slightly below $60,000. The total valuation of all cryptocurrencies remained at $2.04 trillion while the crypto fear and greed index moved to the fear zone of 37.
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The cryptocurrency landscape is once again showing signs of recovery, with notable projects like Quant (QNT) and Mpeppe (MPEPE) attracting significant attention from investors and traders alike. While Quant (QNT) is experiencing a surge in address activity, Mpeppe (MPEPE) is lighting up the market with its innovative features as a gambling casino ICO, offering unique opportunities for those looking to capitalize on the next wave of crypto growth.
In the world of cryptocurrency, both established giants and emerging tokens are capturing the attention of investors. Recently, Quant (QNT) has shown signs of a strong bullish trend, while whales are eyeing new opportunities in the fast-growing gambling token Mpeppe (MPEPE).
Quant's recent performance has been noteworthy. Over the past 24 hours, QNT has achieved a 7.5% gain, outpacing many other cryptocurrencies.
Daily active addresses have reached the highest level in more than a year.
The recent surge in Quant (QNT) prices has brought fresh optimism to its holders. Meanwhile, the new casino-based cryptocurrency, Mpeppe (MPEPE), is attracting significant investment from Ethereum (ETH) whales.
Quant (QNT) is among the altcoins that decoupled from the downside trends in the broad market, gaining over 17% over the past week. The weekly chart confirms a remarkable jump from $56.11 to press time levels of $71.04. That saw QNT hitting the highest price mark since 24 August.
QNT, the native token of Quant, has experienced a sharp rally over the past week, gaining over 17% in response to the regulatory green light for its staking feature. According to price data from crypto.
Quant (QNT) token rose for the second consecutive day, reaching a high of $70, its highest swing since Aug. 26. It rose by over 23% from its lowest point last week but remains 54% below its highest point this year.
Cryptocurrency Prices Today (September 8): The broader market today regained an upward movement after a slumping action recently. Bitcoin (BTC) price reattained an upward movement to reach the $54K level, whereas Ethereum (ETH), Solana (SOL), and XRP traded dominantly in the green territory.
Explore an in-depth examination of RWA Coins price outlook in the current market context. The article provides expert insights and anticipations based on recent market trends and cryptocurrency forecasts.
Quant (QNT) is showing strong potential for growth as 2024 approaches, with several altcoins gearing up for a bull run. Despite a dip in the broader market and Bitcoin sliding toward $57,000, QNT remains resilient, holding steady above $50.
Bitcoin's price took a sharp nosedive over the past two days, dropping from $65,062 to $58,053, a staggering 10.8% decrease. This recent decline has sent shockwaves through the cryptocurrency market, leaving investors and traders scrambling for answers.