Another run to Bitcoin all-time high would be completely realistic, for these reasons
Crypto analysts at intelligence tracker Santiment provided an overview of the crypto market and compared Bitcoin and meme coin performance with previous cycles, sharing its implications in a recent tweet on X.
Bitcoin could make another attempt to hit its all-time high, according to analysts.
Binance effect fades, less than 20% tokens are profitable six months after listing
Being listed on the centralized exchange Binance previously influenced token prices and pushed them higher after the event. However, this phenomenon has changed in the recent past. Crypto researcher Flow (@tradetheflow_) analyzed the price trends of thirty-one cryptocurrencies listed on Binance six months after their listing and shared insights.
Bitcoin cautious despite global rise in risk appetite
Crypto market capitalisation rose 5.2% over the past seven days to $2.41 trillion. Over the weekend, it reached $2.44 trillion, its highest level in nearly four weeks.
Bitcoin is treading near local highs, remaining just below $67K. That’s a gain of 8.4% in seven days and a retest of the previous peak area in late April. Despite the burgeoning risk appetite in global markets, demand for Bitcoin, Ethereum and many altcoins is rather subdued. However, BTCUSD remains firmly above the 50-day moving average, indicating an upward trend.
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