Analysis Crypto by Thebittimes.Com

The BNB price surged 5% in the past 24 hours to trade at $1,087.26 as of 3:48 a.m. on trading volume that rose 43% to $3 billion. This comes as the native token of the Binance exchange hit a new all-time high (ATH) of $1,111, according to Coingecko data. That milestone comes amid growing network activity and technical factors that are fueling strong market momentum. On the regulatory front, Binance is on the verge of a deal with the US Department of Justice to drop compliance monitoring, following its $4.3 billion settlement earlier this year. The network has also recorded over 70 million active addresses with its highest-ever net inflows. 哈喽 #BNB Something bigger is happening on @BNBCHAIN and most aren’t ready for it. $196B DEX volume 70M+ active addresses Highest-ever net inflows Public companies adopting BNB as a treasury asset Ticker changing to BNC on NASDAQ Government-backed stablecoin plans via… pic.twitter.com/Lkg0rJOUgr — AB 🔶 ...

Gold all time high records were shattered once again as the precious metal actually reached $3,650 per ounce on Tuesday. This gold all time high price surge comes amid a weakening US dollar falling to six-week lows, which has been driven by Federal Reserve rate cut expectations right now following some pretty weak jobs data. Also Read: BRICS Anti-America Strains Rise as JP Morgan Predicts US Dollar Future Gold All Time High Price Rises As US Dollar Falls And Markets React Source: Watcher Guru The gold all time high today reflects mounting concerns about why is the dollar falling today, and investors are really taking notice. Since Trump’s return to office on January 20th, the dollar index has been weakened by 10.7% while gold has actually surged 33.4%. The US dollar falling trend accelerated after Friday’s jobs report showed the weakest employment growth in 14 years. Rate Cut Expectations Drive Gold All Time High Markets are now pricing in 74% odds of three rate cuts by year...

A crypto analyst gaining traction for timely Bitcoin calls is outlining a scenario where BTC breaks free from sideways trading and surges to new all-time highs. Pseudonymous analyst Credible tells his 468,700 followers on the social media platform X that Bitcoin appears to be following an Elliott Wave (EW) pattern where BTC consolidates in the next few weeks before igniting a breakout rally toward the end of July. Elliott Wave theory is an advanced form of technical Analysis that seeks to forecast future price movements by tracking crowd psychology, which often unfolds in recurring wave patterns. Says Credible, “BTC holding up very well over the last few days. As stated in my last update, I think we will test the blue zone sooner or later, whether that be before or after taking our local range highs. From an EW perspective, something like this would be ideal. Although there are, of course, a few different structures that we may see to complete this corre...

Bitcoin (BTC) is showing renewed signs of strength, with analysts closely watching a critical resistance level that could trigger the next leg higher. As of Monday, June 9, 2025, Bitcoin is trading at $106,830, up 1.6% over the past 24 hours, according to the latest market data. Daily trading volume currently stands at $39.45 billion, a healthy 9.67% increase, reflecting building interest around a potential breakout. Bitcoin 1-day price chart. Source: Finbold Crypto strategist Michaël van de Poppe (@CryptoMichNL) highlighted the importance of the $106,500 level, calling it a key technical barrier that BTC must clear to reignite its uptrend. “I assume that we’ll be starting to see a strong rally the moment that Bitcoin breaks through the crucial barrier of $106,500,” van de Poppe commented. In a recent chart update, van de Poppe explained that this level previously acted as strong support after Bitcoin’s first all-time high of the cycle. However, after mu...

According to its latest SEC 13f filing, Goldman Sachs has significantly increased its Bitcoin (BTC) ETF holdings. As of Q4, the financial giant holds $1.57 billion worth of BTC ETF products, up from $710 million in Q3. The rise translates to a 121% increase over one quarter. Also Read: Top 3 Cryptocurrencies That Could Get ETFs Soon Goldman Sachs Going All In On Bitcoin Source: bitcoininsider.com The increase in BTC ETFs is a bullish development for the crypto industry. The move shows the bullishness of financial institutions. The majority of Goldman Sachs’s BTC ETFs are in BlackRock’s iShares Bitcoin Trust (IBIT). The firm holds 24.07 million IBIT, worth nearly $1.27 billion. The financial institution has increased its IBIT holdings by about 88% from Q3. Also Read: Crypto.com Gets Regulatory Green Light for EEA-Wide Crypto Services The rise in BTC ETF investments may indicate a rise in client demand for the asset. The development could lead to a rise in the underlying asset...

US President Donald Trump’s son, Eric Trump, took to X and said that it feels like a great time to enter Bitcoin (BTC). He also tagged World Liberty Financial in his post. World Liberty Financial is a crypto firm personally backed by President Trump. Eric Trump had a similar post for Ethereum (ETH) on Tuesday. Also Read: Shiba Inu (SHIB) & Ripple (XRP) Mid February Price Prediction Feels like a great time to enter #BTC! @worldlibertyfi — Eric Trump (@EricTrump) February 6, 2025 Bitcoin Reacting Positively To Eric Trump’s Post Source: Bitcoinist BTC’s price has risen 0.8% in the daily charts, reclaiming the $98,000 price level. The asset seems to be reacting positively to Eric Trump’s X post. Despite the slight recovery, BTC is down 6.6% in the weekly charts, 4% in the 14-day charts, and 3.5% over the previous month. Source: CoinGecko Also Read: Buy Jio Financial Shares Now: Target Rs 305, 25% Upside The cryptocurrency market faced a major correction earlier this...

The cryptocurrency market was painted red. A number of assets were seen bleeding making it an uneventful start to the week. SUI was also part of this and witnessed a much bigger downfall. Despite this, the community is sure that the asset will record a new all-time high sooner than later. This is mostly because of SUI’s rise earlier this month, where it hit a new peak. The real question is if the cryptocurrency will end the first month of the year on a good note. Also Read: XRP on Edge: SEC Appeal Looms as Ripple Countdown Hits Critical Stage SUI Slips By Over 7% Source: Asia Crypto Today Over the past 24 hours, the altcoin recorded a 7.36% drop. At the time of writing, SUI was trading at $4.49. The asset’s weekly loss stands at 13%. Amidst this, the cryptocurrency’s trading volume was on the rise. Throughout the past day, the asset’s volume surged by 51%, bringing the final value to $1.33 billion. Source: CoinMarketCap It is worth noting that SUI hit an all-time...

Ripple’s native token XRP breached the $1.6 mark during the weekend and is currently trading at $1.51. It is up nearly 4.2% in the day’s trade and attracts heavy bullish sentiments in the charts. Another leg-up from here could take its price above the $1.70 mark, leading to a new yearly high. The altcoin took over three years to reach $1 after slipping in the indices in November 2021. Also Read: Can XRP Hit $2 Before Thanksgiving 2024? Source: Coingecko Now that XRP is attracting bullish sentiments, can it breach its all-time high of $3.40 during the ongoing rally? The leading altcoin hit its ATH of $3.40 in January 2018, and it has been nearly seven years of struggle to reclaim its lost glory. In this article, we will highlight a tentative timeline for when XRP can breach its all-time high of $3.40. Also Read: Should You Buy MSNBC Stock Before Elon Musk Acquires the News Channel? When Will XRP Breach Its All-Time High of $3.40? Source: Twitter Leading on-chain metrics and p...

According to prominent cryptocurrency analyst Ali Martinez, Bitcoin (BTC0 may hit a new all-time high of $86,600. The analyst says if BTC can break past $67,400, it could surge to a new local top. If #Bitcoin can break past $67,400, the next potential local top could be around $86,600! pic.twitter.com/xIWq0hFqvQ — Ali (@ali_charts) October 16, 2024 Also Read: Who Will Attend BRICS Summit 2024? Key Leaders Confirmed BTC is inching closer to the $67,400 mark, currently trading at $66,902.29. The original cryptocurrency has displayed robust performance over the last few days, rallying 2% in the daily charts, 7.4% in the weekly charts, 8.6% in the 14-day charts, 14.3% over the previous month, and 145.8% since October 2023. Source: CoinGecko Why Is Bitcoin Rallying? Source – SkyNews October has historically been a bullish month for the cryptocurrency market. BTC’s current rise follows the same historical trend. Also Read: Amazon Inks New AI Partnership: AMZN Set for October...

The cryptocurrency market has been on a roller coaster ride lately. Bitcoin (BTC) has struggled to maintain its position over the $60,000 mark. The last seven days, however, have played out positively for the king coin as it surged by over 7% and managed to rise to a high value of $61,000. BTC traded at $60,372 at press time, with a nearly 4% surge over the last 24 hours. Also Read: Ethereum’s Buterin L2 Standard Says Most Network’s are Stage 0 Bitcoin’s Recent Performance And Future Predictions Source Despite its latest surge, Bitcoin traded 18% below its all-time high. The world’s largest cryptocurrency hit a peak of $73,750 about six months ago in March 2024. BTC has made some increased efforts to reclaim this zone. But the bearish force was clearly stronger. Even though several experts were bullish about the asset hitting a new high this month, a prominent analyst predicted a new timeline for this event. Also Read: Brian Armstrong Shuts Down Coinbase (Paper Bitcoin) Rumors Can Bitc...