ORDI's 30% hike in 7 days – Is there a reason behind its recent rally?
ORDI's Futures open interest has risen to its highest point in almost two months.
Keep up with what's happening in the crypto world in real-time.
ORDI's Futures open interest has risen to its highest point in almost two months.
With Bitcoin sustaining above the $71,000 level, the broader market sentiment is improving at a rapid rate. Amidst this recovery, the ORDI token takes a price jump with the additional momentum.
In recent weeks, Ordinals (ORDI), a BRC-20 token, has captured the attention of the cryptocurrency market with its remarkable performance and promising future prospects. ORDI has experienced a substantial price surge of 27% over the past week, breaking through the critical $50 resistance level and solidifying its position as a dominant altcoin.
Bitcoin (BTC) price surged past $71,000, hitting its highest price since the Bitcoin Halving event.
As Bitcoin surges past $71,000 and Bitcoin-based meme coins like ORDI and DOG experience significant growth
Runes token DOG and BRC-20 token PUPS have more than doubled in price this week as Bitcoin continues climbing.
As Bitcoin teases a run above the $70,000 barrier this week, the close-linked coins to the Bitcoin network experience a demand hike. In this recovering market, the ORDI price trend shows a breakout rally ready for a price jump this week.
Amidst the recovering altcoin market, the ORDI price action shows a bullish trend reversal after an intense pullback to $33. However, the recovery rally in ORDI experiences overhead resistance, leading to a contraction in volatility.
The crypto-exchange has activated the stake-to-mine period on the dedicated platform.
The BRC20 token model has captivated the attention of the crypto market from the moment it appeared in March 2023. What are the 10 best BRC20 tokens?
While Bitcoin is up 4.62% in the last 24 hours, ORDI, TON, and BONK are outperforming the market leader with impressive gains. Here's a closer look at their recent performance and potential price movements.
As Bitcoin experiences another intraday spike in supply, so do the altcoins and the close cousins of Bitcoin. Amidst such conditions, the ORDI price trend shows a likelihood of a bullish turnaround after days of correction.
Despite the overall increase in cryptocurrency market capitalization, many large-caps posted dramatic losses since Jan. 1, 2024. One of three tokens in the top 100 is in the red, Colin Wu's review says.
ORDI's funding rate on crypto-exchanges was negative at press time, suggesting a hike in short positions.
TL;DR BRC-20 Tokens Experience Sharp Drop Ahead of Halving. Investor interest shifts towards Bitcoin Runes, with possible major correction. Mixed outlook for Runes after BTC halving. The cryptocurrency market is experiencing significant moves as investors adjust their strategies amid anticipation of the Bitcoin halving and the emergence of new opportunities.
With the market-wide correction in the crypto industry, the market leader, Bitcoin price has lost approximately 8% within the past seven days. This resulted in the top BRC-20 tokens recording massive corrections in their respective portfolios.
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TL;DR 2024 Forecast: ORDI's price is expected to range from $7.24 to $364.03, with different analyses predicting a potential 400% increase or a slight decrease from its current price. 2025 Growth: Significant growth is anticipated, with predictions suggesting a value range between $505.40 to $1,098.70, influenced by market acceptance and regulatory support.
Ordi price predictions are a hot topic on Thursday as investors in the crypto prepare for the Bitcoin halving set to take place next week.
“There exists a large, untapped pool of capital within the Bitcoin ecosystem that remains dormant,” Wintermute's OTC desk told CoinDesk.
With Bitcoin Halving days away, the BRC-20 tokens category has started to display increased price volatility in their respective charts, indicating a rise in the price action for these tokens in the crypto market. The ORDI price displayed a significant jump of 221.
Cryptocurrency exchange Coinbase is bringing another set of futures contracts to customers later this month after launching Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH).
TL;DR Coinbase Launch: Coinbase has introduced perpetual futures contracts for two altcoins, Ordinals (ORDI) and Worldcoin (WLD), available on Coinbase International Exchange starting April 11. These contracts allow traders to speculate on the future prices of ORDI and WLD indefinitely.
Coinbase's institutional client-facing subsidiary has revealed plans to list perpetual future contracts for the BRC-20 token Ordinals and Worldcoin on April 11.