A widely followed crypto analyst says that Ethereum (ETH) looks attractive against Bitcoin (BTC) at its current price. In a new strategy session, crypto trader Benjamin Cowen tells his 968,400 followers on the social media platform X that ETH paired against BTC (ETH/BTC) seems appealing and could be the catalyst that sparks the next altcoin […]
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Economist Henrik Zeberg believes Bitcoin (BTC) and altcoins are close to igniting the final phase of the crypto bull market. In a new interview on the Crypto Banter YouTube channel, Zeberg says he’s giving a less than 5% chance that crypto assets have already printed a bull market top. “There are no indications for me […]
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AI cryptocurrencies have dropped nearly 30% in value, but analysts forecast a potential recovery during the 2025 altcoin season.
Artificial intelligence (AI) cryptocurrencies have shed nearly one-third of their cumulative value, despite optimistic expectations of an incoming altcoin season driven by more crypto-friendly regulations during 2025.
The cumulative market capitalization of AI cryptocurrencies stood at $50.5 billion as of 7:15 a.m. in UTC, down over 28% from their peak of $70.4 billion recorded on Dec. 7, CoinMarketCap data shows.
AI cryptocurrencies market capitalization. 1-month chart. Source: CoinMarketCap
The creators of the crypto analytics firm Glassnode are warning that altcoins could lose all bullish momentum following last week’s market correction. Jan Happel and Yann Allemann, who go by the handle Negentropic on the social media platform X, tell their 63,400 followers that “altcoin season,” which they say began in late November, could come […]
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Based on its correlation with the liquidity index, Bitcoin may reach a local peak of above $110,000 by January.
Bitcoin surpassed $100,000 for the first time in history on Dec. 5, boosting expectations of a $110,000 “local top” before United States President-elect Donald Trump takes office on Jan. 20.
Risk appetite is also returning among altcoin investors after Tron (TRX) surpassed a record $20 billion market capitalization, bolstering expectations of a forthcoming altcoin season, as some of the profits from Bitcoin (BTC) investors are expected to flow into smaller cryptocurrencies.
Bitcoin has entered the “parabolic phase” of the market cycle, as analysts point at a local top of above $110,000 before the end of January.
On Tuesday, bitcoin hovered just below the $95,000 mark, while numerous alternative cryptocurrencies enjoyed a wave of impressive gains. This trend triggered blockchaincenter.net’s Altcoin Season Index (ASI) to announce that “Altcoin Season” has officially arrived. Altcoin Season Arrives At 8 a.m. Eastern Time on Tuesday, Dec. 3, blockchaincenter.net’s Altcoin Season Index (ASI) lit up with […]
Analysts are expecting Ether and altcoins like XRP to stage a significant rally leading into Trump’s inauguration on Jan. 20, which also marks the last day of SEC Chair Gensler.
Bitcoin dominance has printed a significant signal for altcoin investors, that could see smaller cryptocurrencies rally during December and attract more investments ahead of Jan. 20.
Bitcoin (BTC) dominance, which measures the ratio of Bitcoin to the total value of the crypto market, has fallen to 56.1%, below its two-year support line, signaling that the market is “officially in altseason,” wrote popular analyst Mikybull Crypto, in a Nov. 30 X post.
In crypto slang, altseason, short for altcoin season, refers to the collective rally of cryptocurrencies besides BTC, which tend to benefit from Bitcoin’s declining dominance.
Based on data as of Nov. 26, the Altcoin Season Index (ASI) hosted on blockchaincenter.net is picking up steam, with standout performances from stellar (XLM), sui token (SUI), and mantra (OM), all posting impressive triple-digit increases. Altcoin Season Teases Investors Two weeks ago, the Altcoin Season Index (ASI) scored a modest 37 out of 100, […]
A closely followed crypto strategist thinks that it is almost time for altcoins to steal Bitcoin’s (BTC) thunder. Pseudonymous analyst TechDev tells his 481,600 followers on the social media platform X that he’s looking at historical price action to determine the arrival of a new altseason. According to the trader, data from crypto’s 2017 and […]
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Never has cryptocurrency been so connected with the US elections, the outcome of which could trigger a full-on bull market. What are the prospects if Trump wins?
Crypto has found itself in a unique position as a campaign issue in the United States 2024 presidential election.
Many in the industry have backed former US president and Republican nominee Donald Trump, with his pro-crypto policy promises seen as a potential catalyst for industry growth.
With opinion polls suggesting it’s still anyone’s race, crypto traders like Satoshi Flipper argue that a Trump victory hasn’t yet been priced into the crypto market. Satoshi Flipper believes a Republican win would strengthen the ongoing Bitcoin (BTC) and altcoin bull market.
