After trading under an intense bearish sentiment for a brief period, the Fantom price has recorded a strong bullish reversal amid ongoing cross-border market recovery. Moreover, with a 60% surge within 30 days, investors are curious about the possibility of it achieving the $1 mark.
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.
The crypto market surged following the Federal Reserve's interest rate cut, with major cryptocurrencies experiencing rallies. However, the long-term outlook remains uncertain.
As Bitcoin's (BTC) price crossed the crucial milestone of around $62k for the first time in September, following the high-impact news from the Federal Reserve, the attention on the altcoin market significantly increased in the past 24 hours.
The metaverse and gaming sectors continue to evolve, Gala Games and its native token, GALA, remain at the forefront of this digital transformation. With a current price of $0.0181, many investors are eager to know: Can GALA double its value in 2024?
Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market's direction.
Explore our expert take on the best 3 coins to accumulate before the bull market rebounds in this insightful guide. Learn valuable strategies on taking advantage of post-dip opportunities in the cryptocurrency market
Fantom (FTM) is enjoying much bullish momentum at the moment, and the odds of the coin rising to as high as $2 has increased. The FTM price recovery is thanks to Fantom's fundamentals, which have sparked a positive sentiment among investors.
Fantom (FTM) price is sustaining a bullish trend, despite some fluctuations in the market. Currently, the price is stable around key support levels, reflecting market volatility.
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.
Avalanche (AVAX) is generating buzz among traders and investors as it appears poised for a significant rally. Recent market developments suggest that AVAX could reach the $40 mark and possibly go even higher.
Gala Games will participate in TOKEN2049 Singapore 2024, presenting its vision for a decentralized future and exploring new partnerships.
Avalanche (AVAX) price has moved sideways this month as it continued underperforming other cryptocurrencies like Tron, Toncoin, Bitcoin, and Mantra. It was trading at $23.63, down by more than 63% from its highest point this year, giving it a valuation of over $9.5 billion.
AVAX is poised for a surge as new insights come to light.
Avalanche (AVAX) price, a layer one blockchain, has recently witnessed a notable increase in value, aligning with a bullish trend across the sector. The market is optimistic, anticipating further advances as AVAX demonstrates a robust recovery.
Fantom's (FTM) 9% price surge in the last 24 hours has positioned it as the top performer among the top 100 cryptocurrencies by market capitalization. This rally is not fueled by speculation alone — it is backed by strong demand, evidenced by a sharp rise in trading volume.
Amid this ongoing market reversal, Fantom (FTM) is poised for a significant upside momentum following a strong bullish price action pattern breakout. On September 17, 2024, while the overall cryptocurrency market struggled to gain momentum, FTM's price surged by over 9% in the past 24 hours.
Fantom (FTM) has been soaring 17% over the past week, on a quite decent trend, with strong support recorded in the area of $0.47-$0.48, data from IntoTheBlock indicates. This suggests that the price jump may be connected to increased demand and growing network interest.
Uniswap, up 3.3%, also lead gainers in overnight trading.
Artificial Intelligence (AI) coins could be preparing to surge as Intel stock (NASDAQ: INTC) surged nearly 8% in extended trading hours on Monday. The increase comes after Intel CEO Pat Gelsinger provided an update on the company's plans to slash costs and turn around its business.
With the first Fed rate cut coming in tomorrow's FOMC meeting, the change to a looser monetary cycle is beginning. Bitcoin and crypto are likely to be beneficiaries of this easing.
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.
NEAR Protocol, a decentralized blockchain platform designed for developing and running decentralized applications (dApps), has announced a new partnership with Nillion Network.
The bullish sentiment around Fantom has significantly increased as investors expect the Sonic upgrade. Fantom (FTM) recorded an 11% surge in the past 24 hours and is trading at $0.56 at the time of writing.
The top 50 altcoins have a new rep today - Black Agnus.
Amid a recovering crypto market, the risk appetite of bulls and smart money is increasing. As a result, the demand for altcoins increases and teases a high-speed trend reversal rally. With a bullish trend in XRP and its rival under $1, the race to hit the psychological is neck to neck.
Fantom's native FTM token has been one of the best-performing assets amongst the large cap crypto assets over the past week, gaining over 6.6%.
In recent times, the world of crypto has witnessed a significant increase in the price of Fantom (FTM).
This week is critical for crypto, with the first rate cut since 2020 scheduled for Wednesday. According to crypto analyst Miles Deutscher, several altcoins are primed for explosive growth, depending on how the market reacts. Analyst has shared his top five tokens to watch closely, focusing on technical setups and fundamental factors.
Story Highlights Bitcoin Price Analysis: BTC price continues to trend along its $58k mark. Ethereum Price: ETH price is up with negligible gains of 0.11% since yesterday. XRP's momentum trembles amid Trump and SEC news.
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.
dApp volumes on the Fantom network surged nearly threefold from $3.4M to $9M within 24 hours.
Cryptocurrency Prices Today (September 17): The broader market showcased a highly volatile movement over the past day, raising investor speculations globally. Bitcoin (BTC) price faced hurdles to gain a break above $58K, while ETH traded at $2,200.
Avalanche's innovative multi-chain architecture and upcoming upgrades aim to enhance blockchain customization and scalability, supporting enterprise, DeFi, gaming, and more.
Fantom is a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications. FTMUSD holds above $0.50 after a minor consolidation.
The cryptocurrency market is getting ready for the upcoming Federal Open Market Committee (FOMC) meeting, which could significantly impact the prices of various digital assets. While the broader market awaits the Fed's decision, experts are making bold predictions about the potential trajectory of Avalanche (AVAX) and IntelMarkets (INTL).
Fantom price flashes a classic bullish trading pattern which could extend its month-long double-digit rally.
Avalanche (AVAX) has had a terrible Q2 2024 by several standards, going by a significant decline in market capitalization coupled with low revenue generation. Related Reading: Toncoin (TON) Climbs 20% – Here's What's Pushing The Price Up Messari's recent report indicated that AVAX faced a fierce correction after two quarters of growth on the trot.
Explore the potential of the upcoming altcoin season as we analyze the trajectory of 5 major coins primed to ride Bitcoin's market momentum. Understand what triggers altcoin season and how it impacts your cryptocurrency investments.
Is Fantom Crypto the New Solana? With FTM price surging by +8.6%, top crypto influencer Ansem has zeroed in on the Fantom trade – here's why.
AI tokens have surged in popularity, signaling a strong shift in investor focus from memecoins to AI-driven projects.
Sui (SUI) and Fantom (FTM) have demonstrated intriguing price movements following their respective consolidation phases. While Sui showcases bullish potential after integration upgrades, Fantom's rebound is tempered by cautious on-chain metrics.
Fantom's price jumped nearly 6% in 24 hours and has surged over 16% in the past seven days.
The $4.5 million DeltaPrime hack resulted from a leaked admin private key, which stole USD Coin and immediately converted it into Ethereum.
Avalanche (AVAX) is making waves in the cryptocurrency world with a series of bullish trends and innovative partnerships. As the end of September approaches, many investors are asking: Can AVAX reach $50 by the month's close?
Avalanche's on-chain and market data signal strong bullish momentum
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.
Avalanche (AVAX) is trading around $25 after a 10% surge since last Thursday, as the broader crypto market shows signs of recovery. Bitcoin and most altcoins are trending up from their yearly lows, with AVAX at a critical price level that could shape its price action in the weeks ahead.