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Cardano’s rally to $0.72 hints at more gains, supported by bullish MVRV and EMA trends. Could ADA hit $2.30, or will selling pressure reverse its trajectory?
Under Trump's leadership, the heads of the SEC and other agencies will have the authority to decide whether cryptocurrencies will become a larger and more formal part of the financial system. This choice has significant implications for the global economy, and the risks are high, as evidenced by the collapse of crypto giant FTX in 2022 and the resulting catastrophic contagion risks.
XRP reaches $1 for the first time since 2021 amid surging demand and bullish market signals. Here’s why the rally may continue—or reverse.
Bitcoin hitting $100,000 is expected by the end of the year, but might happen before the holidays
The Crypto-Industrial Complex is always churning, gobbling up coins much faster than they can be mined and sold
- 11:16Bitget has launched the U-denominated 1MCHEEMS perpetual contract, with a leverage range of 1-20 timesAccording to the official announcement, Bitget has announced that it has launched a U-denominated 1MCHEEMS perpetual contract, with a maximum leverage of 20 times. Contract strategy trading will also be opened simultaneously.
- 11:03Analyst: Bitcoin encounters a $100,000 resistance, market focus shifts to Ethereum and other altcoinsAccording to the latest report released by QCP, the crypto market fell yesterday, with over 100 million USD worth of BTC and ETH positions being liquidated on major exchanges. However, both are still stably operating above key support levels of 95,000 USD and 3,200 USD respectively. Despite a pullback over the weekend, forward volatility remains high. The market expects BTC to possibly maintain range-bound fluctuations before December while short-term focus shifts towards ETH. The risk reversal indicator for ETH shows a higher demand for short-term bullish options whereas demand for bullish BTC options is concentrated after December 27th, 2024. This could potentially be related to Trump's supportive policies towards cryptocurrencies which are expected to take effect next year. Recently, BTC's market share has dropped from 62% to 59%, reflecting a possible trend of funds gradually shifting from BTC towards ETH and other altcoins. In addition, Michael Saylor hinted today at possibly increasing his holdings in BTC. Market attention is focused on whether MicroStrategy's new round of purchases will push BTC past the $100K mark; if achieved this could further increase Bitcoin’s value while impacting altcoins in the short term.
- 11:00ETH breaks through 3500 US dollarsThe market shows that ETH has broken through $3500, currently quoted at $3499, with a 24-hour increase of 3.7%. The market fluctuates greatly, please manage your risk well.
