Bitcoin Price Forecast: BTC/USD slips below $14000 on mounting US election tensions
Bitcoin, the most favorite digital asset, quickly eroded $300 after facing rejection near the yearly highs of 14,077. The No. 1 coin fell as low as 13,730 after risk-off flows seeped into markets on mounting tensions surrounding the US election, as the results started trickling.
Tezos price struggles to recover while technicals suggest it's time to buy
Tezos plummeted over 60% after reaching an all-time high of $4.5 in mid-August. While the top-19 cryptocurrency continues to face an uphill battle, multiple technical indexes suggest it is on its way to greener pastures.
Bitcoin Cash Price Forecast: BCH breakdown to $200 beckons amid heightened volatility
The cryptocurrency market is trading in a period of high volatility, mainly brought about by the ongoing presidential elections in the United States. Bitcoin Cash was recently rejected from $280, leaving the button in the bears’ hands.
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Is Altcoin Season here as Bitcoin reaches a new all-time high?
Bitcoin reaches a new all-time high of $98,384 on Thursday, with altcoins following the suit. Reports highlight that the recent surge in altcoins was fueled by the victory of crypto-friendly candidate Donal Trump in the US presidential election.
Shanghai court confirms legal recognition of crypto ownership
A Shanghai court has confirmed that owning digital assets, including Bitcoin, is legal under Chinese law. Judge Sun Jie of the Shanghai Songjiang People’s Court shared this opinion through the WeChat account of the Shanghai High People’s Court.
BTC hits an all-time high above $97,850, inches away from the $100K mark
Bitcoin hit a new all-time high of $97,852 on Thursday, and the technical outlook suggests a possible continuation of the rally to $100,000. BTC futures have surged past the $100,000 price mark on Deribit, and Lookonchain data shows whales are accumulating.
Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange
Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.
Bitcoin: New high of $100K or correction to $78K?
Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half. Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.
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