Recent observations in the cryptocurrency market indicate a significant rise, with Bitcoin reaching its all-time high of $76,849. Analysts forecast a potential increase to $225k soon. Bitcoin's volatility has fueled crypto liquidations, while new metrics hint towards a further growth. Bitcoin's dominance seems to be nearing its cycle top too, which could indicate the start of the altcoin season. AMBCrypto's October Report questions whether Memecoins might outperform Bitcoin post the U.S. election. There have also been discussions over Bitcoin ETFs potential to triple gold ETFs. The AMB Coin trends remain unclear in this volatile market scenario.
Meanwhile, there have also been activities in other coins with BNB eying a breakout and Bitcoin whales hoarding 2M BTC. The memecoin market cap has hit $55 billion, with Moo Deng, POPCAT, and Neiro leading. Dark MAGA coin saw an increase, Bonk Coin surged 13% in 24 hours, and NEIRO coin is up by 49% in 24 hours. Coinbase has also responded to the crypto crackdown by seeking clarity from SEC, while Litecoin whales are on the move, potentially hinting a change in market patterns.
Pepe coin also managed to rally to $0.00001725, despite looming resistance, with Bonk Coin and Binance Coin showing positive signs too. Meanwhile, Litecoin might possibly be propelled to $88 due to whale activity and network fundamentals. Also, the memecoin Dogwifhat [WIF] prepares for a supercycle in Q4.
Lastly, the Bitcoin dominance is testing key resistance, while Bitcoin purchasing seems to be on the rise. On the other hand, a Bitcoin long haul exec predicts $150K by 2025 and $1M by 2030, albeit Bitcoinprice is currently at risk of further falls.
AMB Coin News Analytics from Fri, 12 Jul 2024 07:00:00 GMT to Fri, 08 Nov 2024 10:38:23 GMT - Rating 0 - Innovation 0 - Information 0 - Rumor 0