Bitcoin is garnering attention for creating lower highs while hovering around the $70K mark, indicative of bearish control. Meanwhile, Donald Trump has revealed limited edition
Bitcoin sneakers adding a trendy twist to the crypto-world. The momentum around Bitcoin has caused speculations about a potential
new all-time high & whether it will stimulate altcoins.
Meme coins have surfaced as volatile, high-potential investments, with tokens such as $MGMES, $SHIBASHOOT, and $PEPU highlighted.
$SHIB is another meme coin that is speculated to surge significantly if Bitcoin reaches $2.9 million. Bitcoin currently enjoys renewed investor interest pushing it to a six-week high, with analysts predicting the path to a $77,604 all-time high and the price to potentially escalate to $100,000. The
Bitcoin hashrate has also achieved a new all-time high, while the University of Wyoming has established a Bitcoin Research Institute to enhance quality content.
Demand for gold is also reaching a new record, motivated by central bank purchases. Following Trump's pro-crypto speech, Bitcoin has hit a 16-month high and is gradually approaching $70K. Encouragingly, Ether and Solana prices are reportedly on the rise today, with Solana experiencing a significant July gain and nearing its yearly high.
Crypto exchange Coinbase has unfortunately received a fine for high-risk customer onboarding in the UK. Yet, Bitcoin open interest has reached a record high, indicating a possible imminent price breakout. However, ahead of high impact news tomorrow, Bitcoin price has slid over 4%.
HIGH Coin News Analytics from Fri, 09 Feb 2024 08:00:00 GMT to Wed, 31 Jul 2024 16:58:08 GMT -
Rating 4
- Innovation 2
- Information 6
- Rumor 2
