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news-imageDecember 20, 2024

Crypto Price Analysis 12-20 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, BITTENSOR: TAO, INTERNET COMPUTER: ICP, FILECOIN: FIL, COSMOS: ATOM

Bitcoin (BTC) plunged below $100,000 following Federal Reserve Chair Jerome Powell's comments on reducing rate cuts in 2025, rattling investors and leading to a massive selloff across asset classes.
Publisher: Crypto Daily
Sentiment: Negative
ATOM
BTC

More News Articles

Negative
cover-imageThe Currency Analytics
January 23, 2025

Bitcoin Short-Term Holders Sell at a Loss – What It Means for BTC

Bitcoin, the world's leading cryptocurrency, has faced several ups and downs in its market journey, and recent data suggests that short-term holders are now selling at a loss. This shift is raising concerns about Bitcoin's immediate future but also presents potential opportunities for long-term investors.

Negative
cover-imageUToday
January 23, 2025

Bitcoin vs. Fiat: Peter Schiff Weighs In

In a recent tweet, renowned economist and gold advocate Peter Schiff made a comparison between Bitcoin and traditional fiat currencies. Schiff, a well-known Bitcoin critic, highlighted a main difference and similarity between the two, sparking reactions from the cryptocurrency community.

Positive
cover-imageCointribune
January 23, 2025

BlackRock CEO Shocks Davos With $700K Bitcoin Forecast

Fears related to the devaluation of national currencies are gaining new momentum following an important statement by Larry Fink, CEO of BlackRock, at the World Economic Forum in Davos. In fact, the leader of the world's largest asset manager mentioned the possibility of Bitcoin reaching $700,000, driven by increasing institutional adoption.

Positive
cover-imageThe Currency Analytics
January 23, 2025

Ethereum Eyes $3500 in Q1 2025 Amid Whale Activity and Foundation Changes

Ethereum (ETH) has had a relatively modest performance this year compared to other leading cryptocurrencies, but historical trends and emerging market signals suggest that the best may still be ahead. With significant whale accumulation, rising leverage, and an ongoing structural overhaul at the Ethereum Foundation, Ethereum could be gearing up for a rally in Q1 2025, potentially pushing the price toward $3500 and beyond.

Positive
cover-imageInvezz
January 23, 2025

New coin priced below $1 could be next in line to do what Bitcoin (BTC) did in 2013 and Ripple (XRP) in 2017

Two venerable cryptocurrencies that have experienced outstanding increases in their respective breakout years are Ripple (XRP) and Bitcoin (BTC). In 2017, XRP surged an incredible 12,732%, jumping from $0.00302 to $0.4018, while BTC shot 7,698%, from $15 to $1,484. Rexas Finance (RXS), a recently launched coin valued at just $0.

Positive
cover-imageThe Currency Analytics
January 23, 2025

TRON Surpasses Bitcoin and Ethereum in Transaction Efficiency

TRON (TRX) has recently gained attention by outpacing major blockchain networks like Bitcoin (BTC) and Ethereum (ETH) in terms of transaction efficiency. A new analysis from CryptoQuant reveals that TRON has achieved the highest Transaction-to-Price Ratio (TPR), a metric that measures the efficiency of transactions relative to the price of its native cryptocurrency.

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