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news-imageSeptember 29, 2024

Crypto week ahead – How U.S labor updates can affect Bitcoin, Ethereum

U.S labor market updates and November Fed rate cut expectations to set next market direction.
Publisher: AMBCrypto
Sentiment: Neutral
BTC
ETH

More News Articles

Positive
cover-imageCoinPedia
September 29, 2024

Top ETH-based Tokens To Stack Before Ethereum Hits $3K!

As the crypto market holds its bullish momentum, the altcoin leader, Ethereum, maintains its value above the $2,600 level. Following this, ETH-based altcoins have regained power with some tokens recording a 3-digit surge this month. With a potential AltSeason market around the corner, investors are looking to find potential 100x Gems.

Positive
cover-imageThe Currency Analytics
September 29, 2024

Bitcoin Surpasses $65,000 Driven by Market Trends

Bitcoin has officially crossed the significant milestone of $65,000, with its current value hovering around $65,269. This latest surge is a culmination of various economic trends, particularly buoyed by the ongoing rally in the stock market, favorable employment data from the United States, and proactive measures taken by China to stimulate its economy.

Neutral
cover-imageThe Currency Analytics
September 29, 2024

Bitcoin Set for Short-Term Volatility as Options Expiry Approaches

Bitcoin (BTC) is gearing up for a period of short-term volatility as a significant options expiry looms by the end of the week. Market analysts are closely monitoring key metrics that could indicate future price movements, particularly focusing on the Market Value to Realized Value (MVRV) metric, which is nearing a critical resistance level.

Neutral
cover-imageThe Currency Analytics
September 28, 2024

Is Satoshi Nakamoto's Title as the Top Bitcoin Holder at Risk

Satoshi Nakamoto, the mysterious creator of Bitcoin, has long held the title of the top Bitcoin holder, with an estimated stash of around 1.1 million BTC. However, recent developments in Bitcoin exchange-traded funds (ETFs) have ignited discussions about whether Nakamoto's dominance is at risk.

Positive
cover-imageCoinPedia
September 28, 2024

BlackRock's Bitcoin Buying Continues, Major Rally Imminent?

In the past few days, the overall cryptocurrency market has recovered nicely. Amid this recovery, asset management giant BlackRock has continued increasing its Bitcoin (BTC) holdings. On September 28, 2024, the asset manager purchased a significant 1,684 BTC worth $110.7 million, as shared by an on-chain analytic firm Lookonchain.

Positive
cover-imageBitcoin
September 28, 2024

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober'

With two days remaining in September, bitcoin's monthly gain stands at 11.11%, setting the stage for the widely anticipated ‘Uptober.' Historically, October has been a strong month for bitcoin, delivering positive returns 81.82% of the time since 2013. ‘Uptober' on the Horizon: Bitcoin Looks to Buck September's Bearish History As of Saturday, Sept.

Positive
cover-imageThe Currency Analytics
September 28, 2024

Is Bitcoin on the Cusp of a Major Rally? Analyzing Recent Patterns and Market Sentiment

Bitcoin continues to capture the attention of traders and investors alike, recent technical patterns are suggesting a possible significant price rally on the horizon. The cryptocurrency, which has been relatively stable in recent weeks, has formed an inverse head and shoulders pattern—a signal that often indicates a reversal from a downtrend to an uptrend.

Positive
cover-imageThe Currency Analytics
September 28, 2024

Bitcoin Poised for $73.7K Breakout: Market Reactions Could Vary

Bitcoin, the world's leading cryptocurrency, is showing signs that it may soon attempt to reach its all-time high of around $73,700. Recent analysis suggests that while many traders are optimistic, the dynamics of the market might lead to varying reactions, especially as the U.S. elections approach.

Positive
cover-imageCryptoPotato
September 28, 2024

BTC Price Analysis: Is Bitcoin Targeting $70K in the Short Term?

Bitcoin's price has broken post a key level recently and is seemingly targeting a new all-time high in the short term. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has finally broken above the $64K level and the 200-day moving average, which is located around the same mark.

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