Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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ATHSUI Dips 4.3% After Nearly Reclaiming ATH, Is Now The Time To Sell?
SUI has been one of the few assets that appears to be having a lone bull run despite the struggle of certain cryptocurrencies in the market to reclaim their major highs. Over the past month alone, SUI has increased by more than 100%, with its 7-day performance still seeing green up by 11.8% after nearly touching its all-time high of $2.17 yesterday with a 24-hour high of $2.13. Although the asset is currently facing a price decline down by 4.3%…
8 months ago
Bitcoin’s Puell Multiple Signals A Bullish Surge: Could A New ATH Be Near?
While Bitcoin has been unable to break past the $70,000 price mark for over 2 months now, the asset has made efforts to remain above the $60,000 mark. Amid this maintenance above the $60,000 price level, analysts have continued to speculate on BTC’s future trajectory especially when the asset would make the play out of the long-anticipated rally to a major highs. One such analyst, CryptoBullet on X, has brought attention to a particular indicator— the Puell Multiple— suggesting that…
8 months ago
Shiba Inu Burn Rate Shoots Up 1,000% – Are New ATH Levels Just Around The Corner?
Shiba Inu is making waves after wrapping up an astounding 1,000% increase in its burn rate, Shibburn data shows. This has occurred simultaneously with a nearly 7% increase in the value of the meme coin. Market observers are investigating what this may potentially mean for the future of SHIB, especially in light of the increased confidence in the cryptocurrency sector. Over 6 Million SHIB Incinerated The Shiba Inu community’s increasing dedication to lower the token supply reflects in the latest…
8 months ago
FOMO at ATH – Bitcoin Set to Hit $80k, New Cryptocurrency Buyers Join The Wave With New A.I Token GoodEgg and ETthereum
The cryptocurrency market is once again in the throes of excitement, with Bitcoin (BTC) inching closer to the much-anticipated $80,000 mark. As the Fear of Missing Out (FOMO) intensifies, new investors are flooding the market, eager to get in on the action before Bitcoin hits its all-time high (ATH). Alongside Bitcoin, two other assets are drawing significant attention—Ethereum (ETH) and the innovative AI-powered meme coin GoodEgg (GEGG). With bullish market conditions driving interest, these three cryptocurrencies are poised for massive…
8 months ago
Major Catalyst That Could Drive Bitcoin To New ATH In Q4 Emerges
With the start of the highly anticipated Uptober here, market experts have been super bullish on the Bitcoin future outlook. In line with this, a crypto analyst has identified a major catalyst that could propel Bitcoin to new all-time highs (ATHs) in the Fourth Quarter (Q4) of 2024. Bitcoin Sets Sights On New ATH In Q4 Bitcoin has been on a roll these past few days, with its price skyrocketing towards the end of September after experiencing a decline earlier.…
8 months ago
SUI Sees 15% Weekly Surge Ahead Of Token Unlock, Can It Hit New ATH In October?
SUI has seen a 15% surge in the past week following its remarkable price action throughout Q3. The cryptocurrency’s performance continues to fuel investors’ sentiment, but some believe the upcoming unlock event could hinder its rally toward a new all-time high (ATH) next quarter. From ‘SUIptember’ To ‘Uptober’ In the past three months, SUI’s price surged 114%, moving from the $0.8 mark to the $1.75 price range. The cryptocurrency was among the best performers throughout Q3, registering green numbers while…
8 months ago
SUI Ready To Test $2 Resistance – Bullish Pattern Suggests New ATH Soon
SUI is currently testing crucial supply levels after an impressive 75% surge from local demand around $1 since mid-September. This aggressive price movement has placed the layer-1 blockchain at the forefront of market discussions, making it one of the most trending assets right now. Traders and investors are showing increased interest in SUI, with many speculating that this rally could be the beginning of even bigger gains in the coming months. The buzz around SUI has been amplified by its…
8 months ago
Analysts Who Correctly Predicted Bitcoin March ATH Forecasts What Happens Next
10xResearch analysts who had correctly predicted the Bitcoin price run-up to a new all-time high earlier in the year have turned bullish once again. In a recent report by 10xResearch Head of Research, Markus Thielen, the analysts point out a number of factors that have seen the BTC price turn bullish. Just like before, this is a development that could lead to a run-up to a new all-time high for the Bitcoin price, something that could mark the beginning of…
8 months ago
Crypto Analyst Predicts Dogecoin Will Surge 1,000% Past ATH – Price Targets Revealed
Dogecoin is at a crucial price level following a market surge driven by the Federal Reserve’s announcement of a 50 basis point interest rate cut. The meme coin is on the verge of breaking a resistance that could ignite a rally to new highs. Analysts and investors are making bold predictions, with one analyst forecasting a “conservative” 1,000% surge if the price gains momentum. DOGE has consistently traded above strong demand levels and targets local highs to break its current…
9 months ago