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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.
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.
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.
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.
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.
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 The martial law was rescinded after lawmakers rushed to vote unanimously against it.
- 16:44Fed Officials Hint at "Rate Cut," U.S. Stocks Rise IntradayAccording to Jinse, on Thursday, U.S. stocks rose intraday, with the Nasdaq at one point climbing over 2% and the S&P 500 rising nearly 1.5%. The volatility index VIX hovered around 27. President Trump seemed to be reassessing some of his more aggressive stances on trade and the Federal Reserve. "Since the market has reclaimed a significant portion of its losses, it can begin to extend this momentum," said David Laut, Chief Investment Officer at Abound Financial. "While the market's recovery won't be a straight line, it is encouraging to see the market begin to price in a post-tariff environment." Bets that the Federal Reserve will cut rates sooner than expected buoyed the stock market. Fed Governor Waller stated that he would support a rate cut if tariffs lead to job losses. Meanwhile, Cleveland Fed President Mester indicated that officials could take action as early as June if there is clear evidence of economic trends.
- 16:44U.S. SEC Delays Decision on Grayscale Spot DOT ETF ApplicationAccording to market news, the U.S. SEC has delayed the decision on the Grayscale Spot Polkadot (DOT) ETF application.
- 16:43Atlanta Fed GDPNow Model Estimates U.S. First Quarter GDP Growth at -2.5%The Atlanta Fed GDPNow model estimates U.S. first quarter GDP growth at -2.5%, previously estimated at -2.2%.