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news-imageJuly 27, 2024

Crypto Price Analysis 7-26 BTC, ETH, SOL, DOT, TRX, DOGE, WIF, ATOM

Bitcoin (BTC) has risen over 4% during the past 24 hours as it recovers after finding support between $63,000 and $63,500. On Thursday, BTC faced significant selling pressure, dropping to a low of $63,479 before rebounding from the 50-day SMA and reclaiming the crucial $65,000 level.
Publisher: Crypto Daily
Sentiment: Positive
ATOM
BTC

More News Articles

Positive
cover-imageBenzinga
September 19, 2024

What Does The Fed's Interest Rate Cut Mean For Bitcoin? 50 Bps Cut Is The 'Sweet Spot,' Says Macro Analyst

The Federal Reserve has initiated its long-anticipated easing cycle, potentially setting the stage for a bullish trend in risk assets, including Bitcoin (CRYPTO: BTC) and other cryptocurrencies, according to industry experts. What Happened: Economist and crypto analyst Alex Krüger took to his X account to highlight the Fed's decision to implement a 50-basis point cut while projecting an additional 50 basis points of cuts for 2024.

Positive
cover-imageBenzinga
September 19, 2024

MicroStrategy's Bitcoin Playbook Is Becoming A Hit Among Companies, But There's A Catch

As Bitcoin (CRYPTO: BTC) becomes a key asset for corporate treasuries, public companies are increasingly adopting innovative strategies to maximize their Bitcoin holdings. What Happened: What began with MicroStrategy's (NASDAQ:MSTR) decision to include Bitcoin in its corporate treasury has sparked a wave of similar moves by companies like Cathedra Bitcoin (OTC:CBTTF), Metaplanet and Semler Scientific (NASDAQ:SMLR).

Neutral
cover-imageTrustnodes
September 19, 2024

Ethereum Fees Start Rising

Ethereum is seeing an increase in network demand after it added more capacity with network fees up from the base minimum of 1 gwei to currently about 25 gwei for a simple transfer.

Positive
cover-imageBitcoin
September 19, 2024

Bitcoin Taps $63K After Fed Rate Cut Sparks Market Rally

Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve's decision to lower the benchmark interest rate by 50 basis points the previous day. The entire cryptocurrency market has gained over 5%, and in the past 24 hours, global trading volume jumped by 26.92%.

Positive
cover-imageFinbold
September 19, 2024

AI predicts Bitcoin price for October 1, 2024

With the recent rate cuts by the United States Federal Reserve (‘Fed') providing a bullish trigger for the price of Bitcoin (BTC), the maiden cryptocurrency has managed to cross the critical level at $60,000 and continue upwards, and artificial intelligence (AI) algorithms have turned bullish.

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