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Is Polkadot poised for a major Q4 breakout? Key upgrades and bullish patterns signal explosive growth.

The cryptocurrency markets rallied after the release of the FOMC minutes. The July meeting minutes indicated that a rate will happen in September.

As of the latest updates, Polkadot's price is trading at $4.56, reflecting a 3.68% increase over the past 24 hours, according to data from Coingecko. This positive movement has helped boost Polkadot's market capitalization to approximately $6.76 billion, positioning it as the 15th largest cryptocurrency by market cap.

Polkadot (DOT) has seen a steady increase since the weekend, which has allowed it to reclaim the crucial $4.50 price level. DOT's gradual uptick has allowed it to go from Thursday's low of $4.22 to its current price of $4.56.

Polkadot's price consolidates within a falling wedge, signaling a potential breakout as Futures Open Interest hits $190M.

Despite recent struggles, Bitcoin (BTC) has reclaimed the $60,000 price level and is trading at $61,100, up over 4% during the past 24 hours. BTC and Ethereum (ETH) were trading flat early on Monday but quickly shrugged off the initial lethargy to record noticeable gains.

Alaska Airlines and Hawaiian Airlines will still need approval from the Transportation Department to complete the deal

Bitcoin and most altcoins traded sideways on Aug. 19 as traders await the release of this week's Federal Reserve minutes and the upcoming Jackson Hole symposium.

Bitcoin (BTC) briefly reclaimed the $60,000 price level over the weekend but quickly dropped below $59,000. The cryptocurrency is currently trading around the $58,500 price level, having fallen almost 1.50% over the past 24 hours.

Story Highlights The live price of the Polkadot crypto token is Polkadot price can reach a maximum of $15.7577 by the end of 2024. DOT price is expected to approach its $100 mark by the year 2030, with a potential high of $95.94 for the year.

After another tumultuous week, buyers have yet again been unable to push $DOT above $5. $DOT trades at $4.44, gaining 2.5% in today's session.

Mosaic Chain secured a parachain slot on the Polkadot Relay Chain — securing the rights necessary for its mainnet launch.

Polkadot has been on the down low since last month with investors and traders pulling out of the market. According to CoinGecko, the token is down more than 16% in the past 2 weeks.

Major XRP rivals are gaining traction among crypto participants as the recent conclusion of the long-running Ripple vs. US Securities and Exchange Commission (SEC) case failed to ignite the expected rally.

Spot CVD saw a decent bounce over the past 24 hours, but it does not mean the bulls can follow up on it.

BTC's drop took the asset's price to its weakest level since the market panic witnessed in the first week of August, with ETH also dropping 4.5%.

Parachain auctions play a crucial role on Polkadot and Kusama. Their outcome determines which project is allotted a parachain slot and the number of tokens locked.

Global crypto markets registered a 104% year-on-year (YoY) increase in market cap, with Bitcoin (BTC) remaining a standout performer, with growth of between 50% and 55%.

Among this backdrop of Bitcoin-focused developments, two altcoins are emerging as strong contenders for a significant comeback. Let's dive into why Polkadot and Helium might be the altcoins to watch as we approach the end of 2024.

After Bitcoin & Ethereum, the crypto space has witnessed the emergence of new altcoins, which has expanded the use cases. With the emergence of AI, RWA, MEMES, and many more, primitive tokens like Cardano (ADA), Polkadot (DOT), and XRP appear to be trading underneath them.

Ingo Rübe, founder of KILT Protocol, spoke to Invezz on the challenges and innovations in the realm of digital identity. He served as CTO of Hubert Burda Media, where he initiated and headed the Drupal-based CMS Thunder.

The Polkadot ecosystem took a significant leap in scalability by deploying asynchronous backing. But how can it help blockchains on Polkadot achieve higher throughput and enhance scalability and efficiency?

Polkadot token DOT has indeed been hot on the cryptocurrency market throughout the week, appreciating over 21%. Despite the gains bringing further enthusiasm among the investors, the token pressed on higher and continues to trade at $4.65 with a market capitalization of more than $6.6 billion.

A bullish pattern appeared on Polkadot's chart, and a breakout could allow it to touch $10.