Bitcoin Traders Pile Into $100K CME Options as Price Climbs Through $93K: CF Benchmarks
BTC blasted through the $90,000 resistance level on Wednesday, defying the dollar strength.
Binary trading platforms with better performance and payouts
Markets
BTC blasted through the $90,000 resistance level on Wednesday, defying the dollar strength.
Bitcoin fell to $85,000, as CPI data came in hotter month-over-month as odds of a Fed pause increase at next policy meeting in December.
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Following their listing, ether ETFs did not enjoy the same response as their bitcoin equivalents had done in January.
The fourth largest crypto could potentially reach its 2021 record highs in the coming days given its relative strength through crypto’s eight-month long consolidation phase, one analyst noted.
DOGE prices zoomed a further 14% on Sunday, pushing the token above XRP to make it the seventh-largest by market capitalization.
ADA extended 7-day gains to 77% as Charles Hoskinson said development company Input Output will set up a policy office in the U.S.
Weekend pumps are considered bullish because they indicate broad interest and participation from smaller investors rather than just institutional players.
(Delphine Ducaruge /Unsplash)
Even after breaking through $77,000 for the first time, bitcoin’s price looks very likely to keep soaring, CoinDesk senior analyst James Van Straten argues.