Bitcoin's rally to $64,000 increased traders' interest in altcoins like AVAX, SUI, TAO and AAVE.
Discover the top 3 cryptocurrencies set to dominate the market in Q4 2024. Learn why FET, Bittensor (TAO), and Solana (SOL) are primed for growth, with insights on resistance levels and bullish potential.
Investors constantly seek out promising projects that could lead to substantial gains. One such project is Internet Computer (ICP), a unique platform aiming to transform how applications are developed and hosted online.
The global crypto market built on the recovery push from two weeks back, recouping an additional $100 billion to close the week at $2.2 trillion. Bitcoin (BTC) led the charge, as it briefly reclaimed the $64,000 territory.
The $0.66 and $0.9 zones were the next pivotal resistance zones and were a notable supply zone earlier this year.
Recently, Garry Silbert, the founder and chief executive of DCG, took to Twitter with an early-day reflection on Bitcoin. He referred to his “pain points” of acquiring Bitcoins back in the day and contrasted that to the “pain points” he is experiencing trying to get his hands on TAO at this point in time, reportedly
AI altcoins are dancing in the rain! FET jumps by 71%, TAO is trying to keep up with its 28%.
The recent announcement by the Federal Reserve to cut interest rates by 50 basis points has sent shockwaves through the market, especially among altcoins. The Fed rate cut has resulted in a significant surge in Bitcoin (BTC) and altcoin prices, with notable performances from Sui (SUI), Celestia (TIA), Fantom (FTM), Bittensor (TAO), and Sei (SEI).
With the growing certainty over the crypto space, some of the projects are set to outperform as they possess the ‘shill narrative'. Some bullish catalysts, like the FTX narrative, the probable win of Donald Trump, and further rate cuts, have strengthened the tokens.
Decentralized blockchain network Bittensor and its native token, TAO, have shown significant upward momentum over the past month, consistently outperforming major cryptocurrencies such as Bitcoin and Ethereum across all time frames. Designed for decentralized finance (DeFi) applications, TAO has surged past the $400 mark, achieving nearly 45% gains in the last month alone and an impressive 695% increase year-to-date.
The crypto markets have become hopeful as the trade entered the second fortnight of the month, squashing the bearish possibilities. With this, the altcoin market cap, excluding BTC & ETH, made a giant move above $600 billion, breaking a crucial barrier.
With the price of Bitcoin reclaiming the $64k mark during the early Asian trading hours, the Artificial Intelligence (AI) category has recorded a strong bullish recovery with top tokens outperforming the market leaders. Moreover, Turbo price from the AI category has recorded a double-digit surge with a trading volume of over $200M.
Fantom was developed to provide a faster and more efficient way to process transactions on the blockchain. Traditional blockchains often struggle with speed and scalability, which can hinder their adoption in real-world applications.
The global crypto market registered another increase of 3.06%, pushing it to $2.21 trillion. Bitcoin (BTC) is up over 3%, while Ethereum (ETH) continues its stellar recovery, and is up almost 6% over the past 24 hours, having surged past $2,500.
The recent interest rate cuts by the Federal Reserve have triggered a surge in whale activity for key altcoins like Fantom (FTM), Immutable X (IMX), and Basic Attention Token (BAT), according to Santiment, a leading market intelligence platform.
The crypto prices today have continued generating market optimism, primarily with major coins maintaining an upward movement. Bitcoin (BTC) price crossed $64K, whereas Ethereum (ETH) and Solana (SOL) followed, trading in the green.
The AI sector outperformed all other coins over the last month, with FET poised for a surge.
A widely followed crypto analyst says that one marquee artificial intelligence (AI) project is primed to skyrocket soon while updating his outlook on two smart contract platforms. In a new strategy session, crypto trader Altcoin Sherpa tells his 223,600 followers on the social media platform X that machine learning platform Fetch.
As of September 19, 2024, TAO has distinguished itself as a leading AI coin within the expanding web3 and blockchain landscape. The recent price surge has been attributed to several factors, including broader market trends and positive earnings reports from major tech companies like Nvidia (NVDA), which have further fueled investor interest in AI-related assets.
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.
Bittensor (TAO) is currently capturing the attention of traders as it forms a symmetrical triangle pattern, signaling a crucial moment for the cryptocurrency. With the broader market on the rise, speculations abound regarding whether a breakout above the pivotal resistance level of $340 could initiate a significant rally, potentially driving Bittensor beyond the $400 mark.
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 $62k for the first time in September, following the high-impact news from the Federal Reserve, the attention on the altcoin market significantly increased in the past 24 hours.
Bittensor gaining traction after over 12% returns, showing potential for higher prices soon.
Explore our expert take on the best 3 coins to accumulate before the bull market rebounds in this insightful guide. Learn valuable strategies on taking advantage of post-dip opportunities in the cryptocurrency market
Bittensor ($TAO) and several other leading AI coins are pumping today, despite a marketwide downturn that has shaven 0.4% from the now-$2.16 trillion crypto 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.
Internet Computer price retreated for the fourth consecutive day as network activity surged following the launch of fair minting protocols in its ecosystem. Internet Computer (ICP) dropped to $7.70, its lowest level since Sept.
PEPE, Polkadot, ImmutableX, and Bittensor stand out amid a heightened focus on the Federal Reserve meeting and persistent fear within the crypto fear and greed index. A detailed look into individual cryptocurrencies reveals intriguing trends and future price predictions. PEPE price paints a bullish setup Currently trading at $0.
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.
Cryptocurrency prices were mixed as traders focused on the upcoming Federal Reserve meeting, with the crypto fear and greed index remaining in the fear zone.
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.
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.
BTC has struggled with adverse market conditions and a challenging environment, failing to regain momentum and trading largely between $53,000 and $60,000 for several weeks. BTC's failure to hold on to $60,000 indicates demand is drying up at higher levels, with investor hesitation peaking.
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.