ORDI down 14% after Bitcoin plunged under $40k
Inspired by Casey Rodarmor's Ordinals Protocol, the ORDI token dropped by over 14% on Jan. 23 to a new monthly low as Bitcoin backtracked to $39,000.
Keep up with what's happening in the crypto world in real-time.
Inspired by Casey Rodarmor's Ordinals Protocol, the ORDI token dropped by over 14% on Jan. 23 to a new monthly low as Bitcoin backtracked to $39,000.
Euphoria evaporated faster than a trader's profits, as the crypto fear & greed index plummeted from 70 last month to a sobering 55. The once-optimistic anticipation surrounding the first US Bitcoin ETFs has morphed into nervous uncertainty, leaving investors reeling in the wake of a nerve-wracking sell-off.
In the same month, Blur (BLUR) tokens became available, and many were moved to Coinbase Prime. Despite this, BLUR kept a positive trend.
BRC-20 tokens are transforming the landscape of Bitcoin's ecosystem. This article is all about the ORDI price prediction 2024
Rising strong in the daily chart, the ORDI price continues to sustain the bullish momentum despite a lack of sustenance in Bitcoin, the market leader. Being a performer at a time of pullback, the altcoin attracts the eye of new investors.
The cryptocurrency market appears to have lost its Christmas cheer. Major tokens — including Bitcoin, Ethereum, and XRP — ended lower than their previous close on Friday.
Top Altcoin: As the cryptocurrency market prolongs its ongoing correction trend, the Top altcoins like MINA, Ordinals(ORDI), and Axie Infinity(AXS) can provide suitable dip opportunities as the overall market trend remains bullish. In the last 24 hours, the top two leading cryptocurrencies Bitcoin and Ethereum show a decline of 1.46% and 1.41%, trading at $42080
The price of ORDI, the biggest token minted on the Bitcoin network, is surging again today—and is one of this week's best-performers.
BRC-20 tokens are revolutionizing Bitcoin's ecosystem, bringing unparalleled versatility to its blockchain. Leveraging the innovative Ordinals protocol and Taproot upgrade, these tokens enable a diverse range of assets on Bitcoin without altering its core code. With a market cap already exceeding $1.
While the crypto community was deeply engaged with Altcoins and Memecoins future price action, the BRC-20 tokens added a significant value to their respective portfolios, resulting in attracting massive attention from the market. Top tokens from this category have multiplied their value during this month.
Meme coin ORDI has seen a notable rise in its trading volume in the last week. This has led to a double-digit price rally in the last 24 hours.
On Dec. 26, 2023, the Bitcoin-based BRC20 token, ORDI, soared to a record $81.34 per coin before declining over 14% from its peak. BRC20s have emerged as significant players in the crypto asset arena, with several tokens mirroring ORDI's trajectory.
The digital currency arena exhibits a spirited upward momentum, with various cryptocurrencies staging impressive performances amidst the festive season. Bitcoin and meme coins spearhead the resurgence, while notable performers like ORDI and SATS mark exceptional gains, affirming growing investor trust in the realm of digital assets.
This week, the Ordinals coin stands out as one of the top performers, showing a clear and strong bullish trend. After a period of consolidation, the ORDI price has made a significant comeback with an impressive overnight surge of 47%.
Standing out among this week's top performers, the Ordinals coin price displays a sharp bullish continuation. Making a strong comeback after weeks of consolidation, the ORDI price gives an overnight jump of 47%. With the overnight recovery signaling a breakout rally in the daily chart, the chances of prolonged recovery improve for originals.
The ORDI price has been one of the best performers in Q4 of 2023, increasing by 2,200% since October 16.
The crypto prices today had regained momentum indicating that the investors are still engaging in the trading activities despite a holiday mood. Generally, trading activity slows down during the holiday season, as whales and investors go for a break during this period.
Top Altcoins: Amid the Santa Claus Rally sentiment, the crypto market has taken a bullish turn since last week. While the top two leading cryptocurrencies Bitcoin and Ethereum have 5-9% weekly, several altcoins have witnessed a buying inflow.
The native token of Casey Rodarmor's Ordinals Protocol recorded double-digit price gains in 24 hours during the holidays, along with other BRC-20 cryptocurrencies. ORDI rallied as much as 37% on Dec.
Initially trading in a limited range between $18.550 and $23.618, the Ordi token witnessed a surge as market momentum picked up. Bulls led a remarkable 186% increase within a week, reaching a peak at $67.723.
The BRC-20 tokens continue to gain significant market attention as the top coins record significant uptrend in their respective values. Further, the ORDI price has jumped over 18% within the past 24 hours, making it one of the top gainers of the day in the crypto industry.
The BRC-20 tokens have gained significant momentum in recent times as major tokens have displayed massive price action during this month. Further, the ORDI price has added over 18% to its portfolio within the past day, indicating a trend reversal in the market. The ORDI coin price traded in a closed range between $18.
ORDI has been consolidating beneath the $70 level after its rally in September.
An in-depth analysis reveals the extraordinary prospects of ORDI in the context of Bitcoin.