Bitcoin hashrate has achieved a new record high, possibly forecasting an upcoming bull run despite the recent fall in Bitcoin's price. The Bitcoin mining difficulty is at an all-time high, signalling that mining revenue is increasing. As the US dollar surges, remarks indicate Bitcoin needs a new high above $69,000 this week. Cryptocurrency enthusiast
Elon Musk has contributed to propelling Dogecoin to a four-month high, raising questions about how high Dogecoin's price could achieve if a DOGE ETF gets approved. Ethereum and Binance Coin investors are seemingly moving towards accumulation, with Binance Coin expected to surpass its all-time high.
Bitcoin's dominance over the crypto market has reached a three-year peak, sparking discussions about possible implications for altcoin season. Meanwhile, Solana and Chainlink are garnering interest for their high potential resulting from infrastructural upgrades and endorsement opportunities.
Altcoins named 'XYZ', 'SOL', 'XRP', 'WIF', and 'PEPE' are supposedly high potential ones to watch out for year-end retirements. Reports also show an increase in Bitcoin activity with whale transactions experiencing new highs. Open interest on Bitcoin futures has indicated a bullish signal by hitting an all-time high. Meme coins, despite being high-risk, continue to capture interest with a surge in liquidity, even as 'Bitcoin' sees a decrease in search volume. Lastly, major exchange Coinbase also experiences a rise in its share value.
HIGH Coin News Analytics from Tue, 05 Mar 2024 08:00:00 GMT to Wed, 23 Oct 2024 15:00:27 GMT -
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