The bullish santiment is prevailing within the Bitcoin market as we are witnessing major price surges across the board.
Bitcoin (BTC) has surged by around 2.4% in the past 24 hours and is currently priced at $66,250 and has a trading volume of around $37.5 billion. This past week BTC gained 4.9% and hit a market cap of $1.3 trillion.
The 1-day technical analysis from TradingView is looking very bullish – the summary shows “buy” at 15, the moving averages point to “strong buy” at 14, while oscillators remain “neutral” at 9.
Ethereum (ETH) also surged by almost 2% in the past 24 hours and 4.6% on the weekly chart, and has a volume of $17.5 billion.
Memecoins are experiencing a major uptrend as well, with the biggest gainers today being Shiba Inu (SHIB), Floki Inu (FLOKI), Pepe (PEPE).
SHIB soared 23.85% in the past 24 hours and 51% during the past week, FLOKI gained 20% today and 31.3% on the weekly. chart and PEPE surged by 17.5% in the past 24 hours and over 31% this week.
During the past day $160.1 million were liquidated from the crypto market ($53.99 million in longs and $106.11 million in shorts.)
The total market cap of all cryptocurrencies reached $2.33 trillion after gaining 2.5% in the past 24 hours and the volume peaked at $88.2 billion (+17.7%)
Popular crypto expert Sherpa has expressed bullish sentiments on a mid-cap Real World Asset (RWA) token, while also sharing thoughts on three other altcoins.
Grayscale revealed its top 20 cryptocurrencies for the fourth quarter of 2024, adding six new altcoins and emphasizing trends such as decentralized artificial intelligence and blockchain scalability.
The eagerly awaited airdrop for Hamster Kombat (HMSTR) occurred on September 26, distributing 60 million tokens.
Tether (USDT) is rapidly broadening its market presence, contrasting with the more conservative approach of its competitor, USDC.