Crypto Price Analysis 11-14 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, DOGECOIN: DOGE, UNISWAP: UNI, IMMUTABLE: IMX
The post Crypto Price Analysis 11-14 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, DOGECOIN: DOGE, UNISWAP: UNI, IMMUTABLE: IMX appeared on BitcoinEthereumNews.com.
Bitcoin (BTC) soared past $90,000, setting a new all-time high as the crypto market resumed its rally, with major cryptocurrencies surging. BTC surged to a new all-time high of $93,409 late on Wednesday, and the Bitcoin Dominance Index, which measures its share of the crypto market, reached 61%, a level not seen since 2021. Ethereum (ETH) also recovered late on Wednesday, managing to stay above $3,000 and is currently up almost 2% and trading at $3,231. Other cryptocurrencies also posted significant gains, with the biggest being Solana (SOL), Dogecoin (DOGE), Ripple (XRP), Cardano (ADA), Toncoin (TON), Chainlink (LINK), and Polkadot (DOT). The crypto market cap is up 2.98% and currently sits at $2.98 trillion, and the Fear and Greed Index has hit extreme greed, indicating overwhelming bullishness in the market. Talking about BTC’s surge to a nw all-time high, ChangeNOW CMO Pauline Shangett stated, “Bitcoin’s meteoric rise past $90,000 signals the renewed confidence from institutional and retail investors alike. This bullish momentum, underscored by a Bitcoin Dominance Index of 61%, suggests that investors see BTC as a solid hedge amid global market uncertainties. The recent spike to $93,409 marks a new era of mainstream crypto adoption, as investors flock to digital assets. With Ethereum holding steady above $3,000 and broader market indicators reflecting extreme optimism, we may be entering a period of prolonged bullish momentum.” Bitcoin (BTC) Sets New All-Time High Bitcoin (BTC) surged past $90,000 to set a new all-time high of $93,409 as it resumed its upward trajectory after a brief wobble. BTC’s rapid price rise has been attributed to incoming US president Donald Trump’s pro-crypto stance and to ease regulations that many believe have stifled the crypto space. He has also promised to make the US the crypto capital of the world. During its first term, the…
Filed under: News - @ November 14, 2024 10:24 pm