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Ethereum (ETH) added 3% in the past 24 hours amid a mild recovery in the crypto market. Bitcoin (BTC) also rose above $37,000 after a dip earlier this week, influencing altcoins such as ETH. With the market gaining momentum, the focus is shifting to the presale phase of Bitcoin Minetrix
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Celestia witnessed a notable decrease in its price over the current week, indicating the conclusion of its recent upward trend. Celestia’s total market capitalization dropped below $800 million as a result of this decrease. Tuesday’s low for TIA was $5.4, the lowest since last week, and represented a significant 20% decline
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BNB price gained momentum and climbed above the $250 resistance. It is up over 5% and the bulls could soon aim for
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"ETF speculation is front and center for now, but the store of value narrative still holds and will give the asset a resilient and increasing floor," Noelle Acheson, author of the Crypto Is Macro Now newsletter, noted in an email to CoinDesk. "I very much doubt that the recent sell-off
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XRP, the cryptocurrency associated with Ripple, has been witnessing an upward price surge and market sentiment. So far this month, XRP has risen by over 37%. Analysts are now predicting further increases for the asset in the near term, buoyed by positive developments, including its legal victory against the U.S.
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Solana is distinguishing itself in the crypto market, with a remarkable 50% monthly gain and an extraordinary 450% year-to-date increase, contributing to
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BTC climbed above $36,000 for the first time in around 18 months during Asian trading hours on Thursday, and the bullish momentum fed through to U.S. publicly-traded firms with crypto exposure, such as the Coinbase (COIN) exchange, software developer MicroStrategy (MSTR) – which owns a large number of bitcoin, trading
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Crypto markets have specific characteristics that align with a strategy of riding momentum in price movements. Source
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"Big tech is expensive, and following underwhelming results this week, the sector no longer grows fast enough to justify premium prices," he said. "Admittedly, they had plenty of room to reduce costs, but real growth comes from sales rather than costs." Source
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Following FTX’s collapse, Nansen on-chain data shows that SOL has outperformed ETH, emerging as the preferred investment choice. At the same time, Kaiko, an alternative source of cryptocurrency market data, reports that Solana is still suffering the effects of the exchange’s bankruptcy. Looking forward According to recent findings from Nansen, Solana’s Total Value Locked has
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