As the broader market recovery takes a minor pause, an entry opportunity arises in the top-performing altcoins for missed-out traders. With Bitcoin back to $58,500, these altcoins are ready to coil up trend momentum for a massive upside wave.
Michael Saylor, CEO of MicroStrategy Inc. (NASDAQ:MSTR), posted a message on X, formerly Twitter, on Wednesday, encouraging Bitcoin (CRYPTO: BTC) holders to “Stay Humble. Stack Sats.
The crypto market staged a remarkable comeback over the weekend, shaking off the shackles of recent bearish sentiment and embarking on a euphoric rally that sent shockwaves through the financial world. Bitcoin (CRYPTO: BTC), the bellwether of the crypto space, surged past the psychologically crucial $42,000 mark, reclaiming its position as the most valuable digital asset.
The altcoin market in the last 24 hours experienced significant turbulence. What Happened: Over $335 million in liquidations across various altcoin futures, involving Big Time's (CRYPTO: BIGTIME) and Ordi Protocol's (CRYPTO: ORDI) tokens, took place.
Altcoins futures took a hit Monday as sudden volatility liquidated both longs and shorts, causing unusually high liquidations on some lesser-known tokens.
Amidst the dynamic realm of cryptocurrencies, South Korea's Bithumb has recently introduced two new players into the scene: BIGTIME and STMX. These innovative virtual assets have made their grand entry into the South Korean crypto market, hosted on the acclaimed exchange Bithumb, starting this November.