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news-imageNovember 7, 2024

Will altcoins follow Bitcoin's rise? Analyzing ETH, SOL, AAVE, UNI

While Bitcoin (BTC) bulls are eyeing a new all-time high, Ethereum (ETH) is poised near $2,800 and Solana (SOL) is above $188. There is also notable attention on top DeFi tokens – including Uniswap (UNI), Aave (AAVE) and Ethena (ENA). Here's a wrap for the crypto market during the Asian hours on Nov.
Publisher: Invezz
Sentiment: Positive
AAVE
BTC

More News Articles

Neutral
cover-imageBitcoin
November 23, 2024

Cipher Mining: Will It Be Another Standout Bitcoin Miner This Cycle?

Dive into Cipher Mining's Q3 2024 performance. From revenue challenges to strategic investment in fleet upgrades, data center expansion and plans for AI/HPC. Discover what's next for this Bitcoin miner! The following guest post comes from Bitcoinminingstock.io, providing comprehensive data, in-depth research, and analyses on Bitcoin mining stocks. Originally published on Nov.

Positive
cover-imageThe Currency Analytics
November 23, 2024

ETH/BTC Hits New Low: Investors Seize the Opportunity to Accumulate

Ethereum (ETH) has been experiencing a period of relative stability above the $3,000 mark, but recent fluctuations in the ETH/BTC pair are catching the attention of investors. As the ETH/BTC pair hits its lowest level since 2021, traders from key markets such as Korea and the U.S. are seizing the opportunity to accumulate Ethereum, believing the token is undervalued at current prices.

Positive
cover-imageCoinPedia
November 23, 2024

Uniswap (UNI) Poised For 45% Rally, On-Chain Metrics Confirm

In this bull run, the majority of top cryptocurrencies have already experienced notable upside momentum. Amid this, Uniswap (UNI) stands out as one of the top cryptocurrencies that recently broke out of a bullish price action pattern, with much room to soar significantly in the coming days.

Neutral
cover-imageBitcoin
November 23, 2024

NFT Fever Cools: Ethereum and Bitcoin NFT Sales Dive Amid Broader Crypto Growth

Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even as the broader cryptocurrency market climbed higher. NFT Market Shifts: Ethereum and Bitcoin Sales Plunge, Solana Gains Ground Data from cryptoslam.io revealed that NFT transactions over the past seven days amounted to $161.47 million. Ethereum NFTs dominated with $51.

Positive
cover-imageCoingape
November 23, 2024

Analyst Who Accurately Predicted Solana Price Rally Shares Next Target

A popular cryptocurrency analyst who accurately predicted the ongoing Solana price surge has made another bold prediction as the coin rally gains steam. Solana Price Forecast As Pro Makes Bold Prediction In an X post, Crypto Bullet, an analyst with over 141,000 followers, predicted that the SOL price would jump to as high as $600

Positive
cover-imageCryptopolitan
November 23, 2024

VanEck predicts Bitcoin price at $180K

VanEck analysts forecast Bitcoin price will hit $180,000 in 18 months, by favorable regulations, rising institutional interest, and a changing market structure, though they caution about short-term risks. VanEck has reaffirmed Bitcoin price target of $180,000, predicting the cryptocurrency will reach this level within 18 months.

Neutral
cover-imageNewsBTC
November 23, 2024

54% Of Bitcoin Supply Inactive Since 2 Years Despite 500% Price Jump

On-chain data shows a majority of the Bitcoin supply hasn't moved in more than two years, despite the fact that BTC has seen a significant uplift during this period. Bitcoin Inactive Supply Trend Suggests HODLing Behavior Remains Strong In a new post on X, Glassnode co-founder Rafael has discussed about the trend in the various bands of the Bitcoin Active Supply.

Positive
cover-imageCoinPedia
November 23, 2024

Will BTC Cross $100K Mark? Bitcoin Whales Buy $4B of BTC

Bitcoin (BTC), the world's largest cryptocurrency by market cap, is making waves in the crypto market with its impressive performance. Amid this bullish sentiment, a prominent crypto expert posted on X (formerly Twitter) today, November 23, 2024, highlighting that Bitcoin whales have made significant purchases over the past four trading days.

Positive
cover-imageThe Daily Hodl
November 23, 2024

Crypto Trader Says Large-Cap Memecoin Set To Continue Rallying, Updates Outlook on Ethereum and Solana

A closely followed crypto analyst believes that the most popular memecoin by market cap is primed for another leg up. Pseudonymous analyst Altcoin Sherpa tells his 230,700 followers on the social media platform X that Dogecoin (DOGE) is printing a bullish pattern on the four-hour chart after bouncing off of the $0.36 level.

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