BONK saw a bullish breakout as Bitcoin also surged past the $70k resistance. With sentiment turning bullish across the market, BONK might embark on another strong rally. As a seasoned analyst with extensive experience in the cryptocurrency market, I have closely monitored Bonk’s (BONK) recent price action and identified some intriguing developments. While the bullish … Read more
PEPE’s Open Interest surged to a new high. The meme coin’s high MVRV ratio put it at risk of decline. As a researcher with experience in analyzing cryptocurrency market trends, I’m closely monitoring the recent developments surrounding PEPE (Pepe the Frog coin). The surge in PEPE’s Open Interest to a new high is an intriguing … Read more
The crypto market cap was now over $2.6 trillion. BTC and ETH continue to hold a greater percentage of the crypto market capitalization. As an experienced financial analyst, I have closely followed the crypto market for several years. The recent surge in the market is quite intriguing, with the overall market capitalization breaking through the … Read more
A weakening Japanese Yen could fuel currency wars. A US intervention could lead to liquidity injection, fueling the crypto market rally. As a researcher with experience in the financial markets and a particular interest in cryptocurrencies, I find Arthur Hayes’ perspective on the potential relationship between the weakening Japanese Yen and the crypto market intriguing. … Read more
Bitcoin price hit $71,000, leading the market to hit a fear and greed index of 76. The liquidation heatmap pinpointed $76.900 as the next target for BTC. As a seasoned crypto investor with a keen eye for market trends, I’m thrilled to see Bitcoin’s price surge above $71,000 once again. The fear and greed index … Read more
Ethereum’s price soared by 20%, overtaking Mastercard in market cap, amid strong buying pressure. SEC’s shift towards likely approval of an ETH ETF has sparked a market rally. As a researcher with a background in cryptocurrencies and blockchain technology, I am thrilled to observe Ethereum’s impressive surge in the market. The recent price increase of … Read more