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The Bitcoin price has been hovering around the $100,000 mark for a long time, but this important psychological threshold has not been crossed yet.
Cryptocurrency analysis company Santiment issued a warning for some altcoins in its latest post. Here are the details.
Quick Take South Korean crypto exchanges recorded over $34 billion in trading volume over the past 24 hours, during which the country’s president declared emergency martial law, only to be forced to lift it shortly afterward. The martial law was rescinded after lawmakers rushed to vote unanimously against it.
Whale’s 31x return on PEPE signals significant market interest and potential growth. PEPE’s current price recovery suggests a volatile but upward market trend. 2024 price predictions show PEPE could reach up to $0.0000457, with strong growth.
SUI targets $4.20 after breakout, with support at $3.34 and $3.02 holding strong. Solana eyes $309.63 after retracing, with key support at $222.65 to sustain momentum. SUI’s RSI nears overbought while Solana consolidates for a possible bullish rebound.
Cryptocurrency market capitalization surged 7.2% in early December. Altcoins have dominated the crypto market surge since November 2024. Analysts expect more altcoins to surge amid growing bullish momentum.
XRP surged 444% and Cardano 280% in the past 30 days. Santiment reports trader fatigue and quieter market sentiment after profit-taking. The absence of FOMO suggests these altcoins may continue their upward momentum.
- 19:21Federal Reserve Chair Jerome Powell: Bitcoin Is Used as a Speculative Asset; Its Competitor Is Gold, Not the U.S. Dollar.Federal Reserve Chair Jerome Powell: Bitcoin Is Used as a Speculative Asset; Its Competitor Is Gold, Not the U.S. Dollar.
- 19:20Federal Reserve Chair Jerome Powell: Over Time, the Fed Will Move Toward a More Neutral Rate; While Downside Risks Are Lower Than Expected, the Fed Can Cautiously Approach Neutral Rates.Federal Reserve Chair Jerome Powell: Over Time, the Fed Will Move Toward a More Neutral Rate; While Downside Risks Are Lower Than Expected, the Fed Can Cautiously Approach Neutral Rates.
- 19:18Federal Reserve Chair Jerome Powell: Unemployment Remains Very Low, Progress is Being Made on InflationFederal Reserve Chair Jerome Powell: Unemployment Remains Very Low, Progress is Being Made on Inflation
