Crypto News
Experts: Bitcoin’s Rally Fueled by ETF Demand, Weak Dollar, and Rate Cut Hopes
After bitcoin surpassed $124,000, some analysts suggest that the cryptocurrency may be entering a rapid growth phase, with potential price targets between $131,000 and $177,000. Record-Breaking Rally and Market Capitulation On Aug. 13, bitcoin (BTC) broke past the $124,000 mark to set a new all-time high and pushed the crypto economy’s total market capitalization toSource link
What’s Driving Ethereum’s Surge—And Can It Last?
Some experts believe the token's price will keep pumping through year-end. Others are worried about macro conditions.Source link
XRP Price Watch: Bears Dominate as $3.25 Resistance Holds Firm
XRP is trading at $3.06 with a market capitalization of $181.57 billion and a 24-hour trading volume of $11.35 billion. The digital asset moved within a 24-hour intraday price range of $3.06 to $3.34, reflecting high volatility amid ongoing bearish pressure. XRP On the 1-hour chart, XRP shows signs of near-term consolidation following a sharpSource link
Myriad Moves: Where Are Ethereum, Solana and XRP Prices Headed Next?
Will the bull run continue? Top Myriad markets this week involve the next price movements for Ethereum, XRP, and Solana.Source link
Crypto Slide Spurs $1B Leverage Flush, But It’s a Healthy Pullback, Analysts Say
Crypto prices slipped Thursday after an unexpectedly hot PPI inflation print, but analysts said it's just a pullback within the rally.The CoinDesk 20 Index of largest cryptocurrencies fell 2.1% over the past 24 hours, with bitcoin (BTC) dropping 2.3%. XRP (XRP) lost 4.6% with ether (ETH) outperforming by edging down 0.7%."The pullback is, in my view, simply a recalibration in an otherwise bullish trend," said David Siemer, co-founder and CEO of Wave Digital Assets. "Bitcoin remains firmly entrenched as the anchor of institutional crypto strategies."Bitcoin's (BTC) rush to new all-time highs over $124,000 was fueled by rising expectations for Federal Reserve interest-rate cuts in September coupled with surging ETF inflows and institutional adoption.The Thursday reversal to as low as $118,000...