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news-imageNovember 27, 2024

Crypto Market Today (Nov 27, 2024): BTC Surges Amid Market Dip, ZCash Leads Gainers

The cryptocurrency market today reflects mixed sentiments, with the global market cap dropping 1.96% to $3.2 trillion over the past 24 hours. Trading volume also fell by 6.16%, now standing at $224.95 billion. Despite the dip, market sentiment remains highly optimistic, as the Fear & Greed Index reached 81, signaling extreme greed.
Publisher: CoinPedia
Sentiment: Neutral
BTC
ZEC

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Positive
cover-imageBenzinga
November 27, 2024

Long-Term Bitcoin Holders Locking In $2.02 Billion In Daily Realized Profits, Setting A New Record

Bitcoin's (CRYPTO: BTC) long-term holders are cashing in like never before, realizing an unprecedented $2.02 billion in daily profits, according to a Glassnode report published on Tuesday. What Happened: This new all-time high (ATH) surpasses the previous record set in March 2024, showcasing the intensity of profit-taking as Bitcoin edges closer to the $100,000 milestone.

Positive
cover-imageCoinPedia
November 27, 2024

Bitcoin Eyes $200K with $2.28 Trillion Inflow: Report

Currently, Bitcoin, along with major cryptocurrencies, is undergoing a significant price correction following notable upside momentum in recent days. Amid this development, OKG Research has made a bold prediction for Bitcoin (BTC), providing full validation for their analysis. Bitcoin to Attract $2.

Positive
cover-imageUToday
November 27, 2024

Bitcoin to Hit $1.0 Million After $0.1 Million, Samson Mow Insists

Samson Mow, JAN3 boss and a vocal Bitcoin advocate, has doubled down on his earlier forecast of Bitcoin reaching the $1 million price level in the near future. This time, he quoted a famous movie on the topic of financial markets, which describes the event that largely triggered the creation of Bitcoin — “The Big Short.

Neutral
cover-imageBenzinga
November 27, 2024

Bitcoin's 2020 'Thanksgiving Massacre' To Repeat Or Is The Holiday A 'Turning Point For New Highs'?

Analysts on Monday drew parallels between Bitcoin's (CRYPTO: BTC) recent performance and its infamous "Thanksgiving Day Massacre" in 2020, when prices dropped sharply before rebounding to new highs. What Happened: Coinbureau co-founder Nic Puckrin on X highlighted that Bitcoin has fallen from just below $100,000 to $91,500 this week, a less severe 8% decline compared to the 17% drop in 2020 from Nov 25 to Nov 27.

Neutral
cover-imageBenzinga
November 27, 2024

Jim Cramer 'Cannot Take So Much Abuse' After Drawing Ridicule For Bitcoin, Apple Calls — But He's Not The Only One Touting BTC

Jim Cramer, the outspoken host of CNBC's Mad Money, has publicly voiced his frustration over the backlash he receives for his market predictions. What Happened: Speaking candidly during a segment on Monday, Cramer acknowledged the intense scrutiny and personal attacks he faces, suggesting the weight of the criticism is taking a toll.

Positive
cover-imageInvezz
November 27, 2024

Zcash rallies 30% as privacy tokens gain momentum after court ruling on Tornado Cash sanctions

Privacy-focused digital coins recorded double-digit surges as the latest court ruling exempts immutable smart contracts from the US Treasury sanctions. While the crypto market reflects indecisiveness as Bitcoin wavers above $93K, up 1.75% over the past day, privacy tokens saw significant gains. Tornado Cash's native token, TORN, gained over 700% following the verdict.

Positive
cover-imageCrypto Economy
November 27, 2024

Charles Hoskinson Predicts Bitcoin Surge to $250K–$500K in Two Years

TL;DR Charles Hoskinson predicts Bitcoin could surge to $250,000–$500,000 within the next 12 to 24 months, driven by institutional investment and DeFi opportunities. Hoskinson views Bitcoin as a strategic reserve asset for governments and institutions, similar to gold, aligning with recent developments like Trump's pledge to create a Bitcoin strategic reserve.

Negative
cover-imageProactive Investors
November 27, 2024

Bitcoin loses steam following record-setting rally

Bitcoin is showcasing a classic slice of volatility having emerged from its latest banana zone. The world's largest cryptocurrency was slapped 5% lower this money and another 1.2% yesterday before recovering those Tuesday losses this morning.

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