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news-imageOctober 12, 2024

Will Bitcoin Break Through $65K After Its Recent Surge?

Bitcoin (BTC) climbed from a low of $60,548 to a high of $63,400, currently trading around $62,656. The global cryptocurrency market rebounded with a 2.92% increase to $2.92 trillion.
Publisher: TheNewsCrypto
Sentiment: Positive
BTC

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Neutral
cover-imageThe Currency Analytics
October 12, 2024

Unpacking the Recent Bitcoin Surge: Why It Makes No Sense

Bitcoin (BTC) has recently seen a significant surge in open interest (OI), yet the cryptocurrency's price has remained largely stagnant. This phenomenon has left many market participants puzzled, raising questions about what's driving this increase in market activity without a corresponding price movement.

Negative
cover-imageThe Currency Analytics
October 12, 2024

Bitcoin's Sudden Slump: What's Behind the $60K Drop

Bitcoin (BTC) has experienced a notable price drop, slipping 2.4% over the past 24 hours to trade at around $60,800. This decline comes amidst broader market fluctuations and rising concerns among investors about the cryptocurrency's immediate future.

Negative
cover-imageThe Currency Analytics
October 12, 2024

Joe Rogan Questions the Value of Bitcoin and NFTs: Are They Overhyped

The Joe Rogan Experience, popular podcaster Joe Rogan shared his thoughts on Bitcoin and non-fungible tokens (NFTs), expressing doubts about their true value and the hype surrounding them. As digital assets continue to gain attention, Rogan's comments have ignite discussions about whether these investments are genuinely worthwhile or just a passing trend.

Negative
cover-imageCryptoGlobe
October 12, 2024

Bitcoin Whale Panic-Sells $50M BTC After Price Dip, Realizing $26M Loss

A Bitcoin whale has “panic-sold” nearly $50 million worth of the flagship cryptocurrency amid the recent price drop, after accumulating $727 million in BTC earlier this year at $62,362 per coin, leading to a realized loss. According to data from on-chain cryptocurrency analysis service Lookonchain, the cryptocurrency whale panic-sold 800 BTC, worth $48.

Negative
cover-imageNewsBTC
October 11, 2024

Bitcoin Price Crash: $1.83 Billion Makes Its Way To Exchanges, Is A Bloodbath Coming?

Bitcoin is currently hovering above a key support level, and any minor selloff triggered by a group of traders could potentially snowball into a wave of intense selling pressure. This fragile situation is underscored by data from the on-chain analytics firm Santiment, which revealed that over 30,000 BTC, valued at approximately $1.83 billion, has been transferred to crypto exchanges within a short period.

Positive
cover-imageBenzinga
October 11, 2024

Bitcoin, Ethereum, Dogecoin See Friday Gains, But Trader Warns '$59,000 Must Hold, No Major Moves Expected This Weekend'

Cryptocurrency markets were trading higher before entering the weekend with altcoins also being pushed up. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,000.44 +5.8% Ethereum (CRYPTO: ETH) $2,459.54 +4.3% Solana (CRYPTO: SOL) $145.88 +6.2% Dogecoin (CRYPTO: DOGE) $0.111 +6.2% Shiba Inu (CRYPTO: SHIB) $0.00001775 +8.2% Notable Statistics: IntoTheBlock data showed large transaction volume decreasing by 23.2% and daily active addresses up by 3.6%.

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