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Breaking Price Index in 2024-12-28T23:15:22.812-05:00 Price analysis 12/25: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, LINK, TON
**Summary:** Bitcoin is showing signs of recovery with potential for a break above $100,000 in the short term, driven by increased demand and activity from speculative short-term holders and Korean investors. The overall crypto market outlook is analyzed, with Bitcoin, Ethereum, XRP, Solana, BNB, Dogecoin, Cardano, Avalanche, Chainlink, and Toncoin being discussed in terms of…
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Breaking Price Index in 2024-12-28T23:15:22.812-05:00 Bitcoin coils between key trend lines as $98K boosts ‘Kimchi premium’
1. Summary: Bitcoin’s price hovered around $98,000 as traders experienced Christmas Eve gains, with the cryptocurrency showing volatility cooling and potential for bullish momentum continuing. The market sentiment was overall positive, despite concerns about sustained outflows in US spot Bitcoin exchange-traded funds. 2. Key insights: – Bitcoin’s price was around $98,000 with signs of bullish…
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Breaking Price Index in 2024-12-28T23:15:22.812-05:00 BlackRock’s Bitcoin ETF sees record outflow as funds bleed $1.5B in 4 days
Summary: BlackRock’s Bitcoin ETF experienced a significant outflow of funds, totaling over $1.5 billion in just four days, with record outflows on Christmas Eve. This trend of outflows was also observed in other US Bitcoin funds. Conversely, Ethereum ETFs saw consecutive days of inflows leading up to Christmas. Key insights: 1. BlackRock’s Bitcoin ETF faced…
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Breaking Price Index in 2024-12-28T23:15:22.812-05:00 Analyst ‘wouldn’t be surprised’ if Ethereum outperforms Bitcoin in January
1. Summary: Ethereum is showing signs of potentially outperforming Bitcoin in January 2025, with the ETH/BTC ratio expected to break through 0.04. Analysts predict more inflow into Ethereum, leading to a potential altcoin run in the Ethereum ecosystem. 2. Key Insights: – Analysts foresee Ethereum’s relative strength to Bitcoin increasing in January, potentially triggering an…
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Breaking Price Index in 2024-12-28T23:15:22.812-05:00 Bitcoin extends losses as traders see sub-$90K BTC price support test
1. Summary: Bitcoin’s price continued to decline, dropping below $94,000 as traders remained bearish and Wall Street’s return failed to provide relief. Various analysts predicted further price declines, with some pointing to potential support tests below $90,000. The macroeconomic sentiment remained uncertain amidst a hawkish policy update from the United States Federal Reserve, with little…
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Breaking Price Index in 2024-12-28T23:15:22.812-05:00 Bitcoin ‘Santa rally’ buyers step in to drive BTC price to $98K
1. Summary: Bitcoin saw a surge in price, reaching over $98,000 with the help of large spot buyers, leading to a possible “Santa rally” in the crypto market. The rebound in price was fueled by fresh bids and increased buying pressure during US trading hours, outperforming US stocks on the same day. 2. Key Insights:…
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Breaking Price Index in 2024-12-28T23:15:22.812-05:00 Price analysis 12/23: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX
1. **Summary:** Bitcoin is facing pressure following a 9% drop last week, with some analysts predicting a potential correction. MicroStrategy is an exception, having added Bitcoin to its holdings. The S&P 500 and the US Dollar Index are also experiencing fluctuations. Altcoins like ETH, XRP, SOL, BNB, DOGE, ADA, and AVAX are facing challenges and…
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Breaking Price Index in 2024-12-28T23:15:22.812-05:00 Why is Ethereum (ETH) price up today?
1. **Summary:** Ethereum’s Ether (ETH) token has seen a 3% increase in price, reaching around $3,430 on December 24th. The rise in ETH price is part of a broader uptrend in the altcoin market, coinciding with Bitcoin’s consolidation around $94,000. The surge in Ether’s price is linked to renewed capital inflows into US-based spot Ethereum…
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Breaking Price Index in 2024-12-28T23:15:22.812-05:00 Why is Solana (SOL) price up today?
1. Summary: Solana’s (SOL) price has surged by 6.35% in the past 24 hours to around $193.20, amidst a stagnant Bitcoin market near $94,000. The rise in SOL price is attributed to the declining Bitcoin market dominance and other supportive technical setups, indicating the potential start of an “altcoin season.” The movement suggests a capital…
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Breaking Price Index in 2024-12-28T23:15:22.812-05:00 Bitcoin bull market over? ‘Decembear’ has only sent BTC price 2% lower
1. Summary: Despite some selling pressure, Bitcoin has only decreased by less than 2.5% in December. The monthly and yearly candle close are closely watched by traders, with BTC/USD trading up almost 50% in Q4. Overall, Bitcoin remains a strong investment in 2024, with the bull case looking intact. There are indications that Bitcoin may…