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news-imageNovember 20, 2024

Bitcoin hits record high of $94,890, with Cardano (ADA) and Stellar (XLM) driving altcoin rally

Bitcoin breaks posted a new all time high on the back of ETF options launch.
Publisher: Invezz
Sentiment: Positive
ADA
BTC

More News Articles

Negative
cover-imageNewsBTC
November 22, 2024

Bitcoin Officially In Overheated MVRV Zone, Rally End Near?

On-chain data shows Bitcoin has recently surpassed a level of the Market Value to Realized Value (MVRV) Ratio that has historically signaled overheated conditions. Bitcoin Has Surpassed Highest MVRV Deviation Pricing Band In its latest weekly report, the on-chain analytics firm Glassnode has discussed about how Bitcoin is looking right now from the perspective of a pricing model based on the MVRV Ratio.

Positive
cover-imageBeInCrypto
November 22, 2024

Stellar (XLM) Price Soars 20%, Reaches Highest Level Since 2021

Stellar (XLM) price has surged more than 20% in the last 24 hours and is up an impressive 124.86% over the past seven days, reaching $0.30, its highest price since December 2021. This rapid ascent reflects strong bullish momentum, supported by key indicators like RSI, which remains in the overbought zone.

Negative
cover-imageThe Daily Hodl
November 22, 2024

Crypto Analyst Issues Ethereum Alert, Says ETH Primed To Plunge Lower Against Bitcoin – Here Are His Targets

A closely followed crypto analyst believes that Ethereum (ETH) is potentially on the verge of plummeting against Bitcoin (BTC). Pseudonymous analyst Altcoin Sherpa tells his 230,400 followers on the social media platform X that the low for Ethereum in its Bitcoin pair (ETH/BTC) may not yet be in as the flagship digital asset nears $100,000.

Positive
cover-imageProactive Investors
November 22, 2024

Bitcoin closes in on $100,000 amid red-hot Trump rally

Bitcoin, the world's largest cryptocurrency, is approaching a milestone that only the most bullish of analysts predicted to see in 2024. The digital currency flew above $99,400 overnight, coming within a whisker of $100,000 for the first time in history.

Positive
cover-imageThe Currency Analytics
November 22, 2024

Cardano's Transaction Volume Hits $52.26B, A Seven-Month High: What This Means for ADA Price

Cardano's (ADA) latest performance has been nothing short of impressive, reaching $52.26 billion in transaction volume this week—a new seven-month high. This surge is not only a testament to Cardano's growing presence in the blockchain space but also reflects a major increase in whale activity, with over 8,900 large transactions exceeding $100,000.

Positive
cover-imageCrypto Economy
November 22, 2024

The Crypto Market Soars! The Reasons Why Bitcoin Is About to Reach $100K

TL;DR Bitcoin (BTC) is nearing the $100,000 mark, currently trading at approximately $98,000, driven by favorable market conditions and significant developments within the cryptocurrency space. Ripple (XRP) has surged by 70.82% in the past week, reaching a three-year high of $1.40, following the resignation of SEC Chairman Gary Gensler.

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