Crypto Bullrun Incoming...Are you READY or Still Looking at Prices?
Keeping you updated with the latest crypto news
What a week it's been for cryptos. The market has seen an impressive uptick, soaring by more than 11.42% in the past 7 days. Leading the charge is Bitcoin, which has been a major winner in this rally. As of now, Bitcoin's price stands at a robust $34,367.23, with a +14.7% for the past 7-day performance.
π Bitcoin's Bull Run: A Twist of Fate?
The catalyst for this unexpected bull run? A swirling rumor about the approval of a Bitcoin ETF. Turns out, this was a case of misinformation, sparked by an intern at a crypto publication. Despite the correction of this rumor, Bitcoin's prices have held strong, a testament to the market's resilience and optimism.
π Bitcoin's Dominance: A New High Adding to the excitement, Bitcoin's market dominance has soared past 50%, indicating its strong performance against many altcoins. This raises an intriguing question for traders: Is it time to consider buying altcoins in anticipation of a market adjustment?
Bitcoin (BTC): $34,497.19, up 15.42% in the last 7 days π’
Ethereum (ETH): $1,798.71, up 10.36% in the last 7 days π’
BNB: $227.14, up 5.93% in the last 7 days π’
XRP: $0.5553, up 7.23% in the last 7 days π’
Solana (SOL): $32.49, up 13.28% in the last 7 days π’
π° Hereβs everything you missed from last week π°
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π° Week 43 Recap:
The Uniswap Foundation has been in the news for selling a big chunk of its UNI tokens. They sold about $43.3 million worth of these tokens. This move has got everyone in the DeFi world talking.
Shiba Inu (SHIB), a well-known meme coin, is in the spotlight. Its trading volume has shot up, sparking a lot of talk. This piece, based on Arman Shirinyanβs work for U.Today, looks at this trend and asks: Could SHIB hit 10 cents soon?
While the average increase across cryptocurrencies was around 20% this past week, Cardanoβs surge has sparked widespread interest and speculation about its future price movements as it looks still undervalued. Will Cardano reach $0.60?
In a startling revelation that underscores the volatile nature of the cryptocurrency market, Changpeng Zhao, the CEO of Binance, has seen his fortune drastically diminish. From a staggering peak of nearly $97 billion in January 2022, Zhaoβs net worth has plummeted to $17.3 billion, marking an over 80% decrease. This article explores the factors behind this significant downturn and its implications in the crypto world.
Currently priced at approximately $0.54, XRP has been a topic of interest among investors and market analysts, with many speculating on its potential to reach new price targets. Will XRP reach 1$ soon? Letβs analyze in this XRP price prediction article.
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