Bitcoin has dropped below the critical $104,268 level, signaling the start of a market correction after an extended period of bullish performance. This pullback has caught many traders off guard as they had expected BTC's upward trend to continue.
The Official Trump memecoin launch captivated the crypto market and could be behind Solana's new price highs, but the real question is, how sustainable is the rally?
More stablecoins sent to exchanges means there is more buying power in the market - A bullish development.
Friday's trading session delivered a substantial influx of $979.22 million into 10 of the 12 spot bitcoin exchange-traded funds (ETFs), while spot ethereum ETFs accrued $23.87 million, reinforcing a pronounced shift in institutional engagement with digital assets. Friday's Crypto ETF Frenzy In the bitcoin ETF domain, Blackrock's IBIT emerged as the dominant recipient, attracting $375.
Bitcoin (BTC) traders are projecting a higher price target for the largest crypto as whale accumulation spikes. The surge in BTC price to an all-time high above $107K and on-chain factors led to most analysts gauging a bull peak around $150K.
After a rough start to the week, the Bitcoin price soared past the $100,000 psychological milestone on Friday and briefly hopped back above $105,000, spurred by optimism as investors prepare for pro-crypto President-elect Donald Trump to assume control of the White House on Monday.
Solana is riding the TRUMP wave, jumping to a new all-time high price after the network played host to Donald Trump's official meme coin.
Bitcoin experienced a highly volatile yet bullish week, capturing market attention with dramatic price movements. The cryptocurrency dropped to as low as $89,100 on Monday, only to stage an impressive recovery and reach a new local high around $105,900 by Friday.
Solana traded to as high as $268.75 on Saturday morning, according to CoinMarketCap, eclipsing its previously all-time high.
The cryptocurrency market saw a notable surge on Saturday. Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) all experienced a rise in value, as traders anticipate a potential ‘Trump bump' with the upcoming second Donald Trump presidency.
The new ‘Trump coin', launched on the Solana chain, surged to over $30 less than 24 hours after its launch.
Long regarded as a speculative asset, Bitcoin is gradually establishing itself as a strategic element in the management of national reserves. In the face of evolving financial markets and geopolitical tensions, several governments and central banks are considering its integration into their foreign exchange reserves.
Solana price went parabolic and surged to a record high on Saturday amid the ongoing ecosystem growth. The SOL token surged to $270, up by more than 3,000% from its lowest point in 2023.
Solana's SOL token erupted this weekend after the release of a meme coin tied to self-proclaimed ‘crypto president' Donald Trump. According to data by Coingecko, SOL has increased by more than 16% in the past twenty-four hours, even as Ether plunged by 7%.
President-elect Donald Trump unveiled his personal memecoin, TRUMP, on the Solana blockchain.
As Bitcoin (CRYPTO: BTC) nears the $106,000 mark, the probability of the U.S. establishing a strategic Bitcoin reserve has surged to an all-time high of 70%. What Happened: Well-known venture capitalist and Bitcoin enthusiast Anthony Pompliano shared data indicating a significant increase in the likelihood of incoming president Donald Trump creating a strategic Bitcoin reserve in 2025.
SOL has stolen the show today in the cryptocurrency space.
Police have seized £28 million (US$34 million) in assets from an international Bitcoin fraud gang that exploited a glitch in an Australian cryptocurrency trading website.
With the current odds at 65%, the likelihood of a Strategic Bitcoin Reserve being created in the United States has greatly soared. The impetus behind this development is the strong advocacy of President-elect Donald Trump for cryptocurrencies and the planned Bitcoin Act.
Solana has recently achieved a new all-time high, climbing 16% to showcase a significant uptick in market performance. The surge has brought Solana's valuation to impressive new levels, catching the attention of both individual and institutional investors.
The ascendancy of Donald Trump in Washington has many critics writing apocalyptic, if not apoplectic, warnings. But do sincere Trump critics have anything to fear from cryptocurrency?
Switzerland crypto advocates propose Bitcoin reserve to SNB portfolio, alongside gold, dollar, and euro. The crypto campaigners started collecting 100,000 signatures to push SNB to adopt Bitcoin reserve.
Solana's decentralized finance (DeFi) ecosystem has hit an important milestone, showing its growing role in the blockchain space.
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As anticipation builds around President-elect Donald Trump's inaugural address on January 20, the broader cryptocurrency market has witnessed a significant rally, with Solana (SOL) hitting a new all-time high of over $270 on Saturday. Solana Surges Past $270 Amid Record TVL In a striking 24-hour period, Solana surged more than 25%, briefly reaching $270.
Bitcoin is trading near the $103,000 level following a highly bullish Friday that has energized the market. The recent surge has positioned BTC for a potential rally toward new all-time highs, with analysts closely monitoring its next moves.
Bitcoin's latest market shifts raises questions about a local top.
It's instructive to look back to see how much difference one week can make. Participants weathered volatile bitcoin price action, the marque crypto asset dropped 10%. Despite spot bitcoin ETF outflows and macroeconomic concerns on the negative side, the bullish sentiment around blockchain activity on the positive helped keep most people bullish.
Bitcoin price resumed its bullish trend and neared its all-time high of $108,200 ahead of Donald Trump's inauguration and after the encouraging U.S. inflation data.
The cryptocurrency sector is optimistic of what is to come with Donald Trump serving as the next president. Optimism comes as many cryptocurrencies have hit all-time highs since Trump won the 2024 presidential election.
The Bitcoin price appears to have finally started recovering strongly in the past few days, breaking through the $100,000 ceiling on Thursday, January 16. The premier cryptocurrency didn't stay more than a day above this level the last time it surpassed a six-figure valuation.
Bitcoin had a wild week, dipping below $90,000 before surging above $105,000 just days ahead of Donald Trump's White House return.
Leading cryptocurrency Bitcoin (BTC) has witnessed a notable spike in inflows from US-based investors ahead of Donald Trump's inauguration on Monday.
Solana price has regained momentum and jumped for five consecutive days and reached its highest point since Dec.6.
Solana (SOL), the "Ethereum killer," has flipped all other altcoins to emerge as the best-performing altcoin in the top 50 coins listed on CoinMarketCap. Its rebound journey, which commenced about seven days ago, has finally yielded positive results for its ecosystem.
Despite a crypto market correction, Solana tokens are surging! Explore the top 6 performers on the Solana blockchain today, featuring record-breaking gains and promising tokens.
A positive feedback loop is being created between El Salvador's bitcoin education programs and crypto companies looking for a friendly jurisdiction.
Bitcoin, currently priced at $103,737 to $104,266 over the last hour with a market capitalization of $2.05 trillion, a 24-hour trading volume of $49 billion, and an intraday range oscillating between $102,214 and $105,850, reflects a heightened state of market dynamism in the lead-up to Donald Trump's inauguration.
The Bitcoin bull season continues to present several twists and turns as expected of a highly volatile market. In line with the heightened hopes of several investors, certain network metrics indicate the price gains are far from over.
Wall Street has recently found a good friend in AI. Market experts and participants have been using various AI models to predict the market and pick the next multi-bagger coin.
Analysts at JPMorgan expect Bitcoin to maintain its dominance over Ethereum and other altcoins through 2025, according to a report cited by The Block.
Bears are back in the game at the beginning of the weekend, according to CoinMarketCap.
With the TRUMP token flying high and boosting Solana in the process, Dogecoin and other top meme coins are losing steam Saturday.
Bitcoin has made a powerful recovery following a recent dip that saw its price drop to $89,000. As the cryptocurrency markets continue to evolve, Bitcoin's price has been showing positive signs of strength, leaving many investors and traders hopeful that the leading digital asset could soon embark on another significant rally.
Bitcoin has recorded a strong upswing, signaling a potential rally emerging from a market dip.
While the rest of the altcoin market is facing strong selling pressure, Solana price has surged another 10% amid fresh filings for Solana ETFs and the launch of the Solana meme coin TRUMP that has stormed the crypto market today. Also, the daily trading volume for SOL has also jumped by a strong 92% moving
Can BTC continue its price ascent this cycle?
A surge in DEX token prices coincided with the launch of the so-called “official” Trump meme coin on Solana. Solana DEX tokens like Raydium, Jupiter, and Orca prices were among the top gainers in the hours that followed.