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Are market conditions favoring Bitcoin’s reemergence in 2024?

CryptoNewsZ 16 Apr 2024
In this article, we will explore the evidence of Bitcoin’s resurgence and look into the uncertainties in the crypto market ... The market sentiment surrounding Bitcoin has improved, with downturns and fluctuations that are less severe than before ... Positive market sentiments and technical indicators may favor a bullish trend, supporting a sustained uptrend in Bitcoin prices.

Bear Market Blues Return as Analyst Predicts 30% Bitcoin Correction to $51K

CryptoPotato 16 Apr 2024
On April 16, prominent market analyst “Cold Blooded Shiller” told his 269,000 followers on X that Bitcoin is “still the cloud that hangs over crypto.” ... Moreover, the Bitcoin Fear and Greed Index remains in the green zone, which means it is far too early to call a bear market, given the overall sentiment ... The wider market had dropped 3% with total capitalization down to $2.41 trillion as altcoins got hit harder.

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Latest Prices

# Name Price Volume (24h) % Change (24h)
1 Bitcoin (BTC) $ 9379.51121871 29291234397.1 -2.12 %
2 Litecoin (LTC) $ 68.6382381813 5720089694.18 -1.62 %
3 Ethereum (ETH) $ 181.975638826 11767008363.1 -0.48 %
4 Veritaseum (VERI) $ 18.45 0 0.00 %
5 EOS (EOS) $ 4.206085936 3774755482.59 -0.25 %
6 Centra (CTR) $ 0.01471 0 0.00 %
7 DigiByte (DGB) $ 0.0062005626 942236.540577 0.00 %
8 AdEx (ADX) $ 0.05420 88877.21 -1.21 %
9 Humaniq (HMQ) $ 0.004962 14208.2208233 0.00 %
10 Private Instant Verified Transaction (PIVX) $ 0.2293 734764.276735 -3.14 %
11 XRP (XRP) $ 0.2412959304 1903216173.21 0.88 %
12 Bitshares (BTS) $ 0.0211442821 3198719.09431 -1.80 %
13 BitSwift (SWIFT) $ 0.4051 0 0.00 %
14 OmiseGo (OMG) $ 0.9035012009 73564679.2141 2.52 %
15 Sphere Coin (SPHR) $ 0.06553 0 0.00 %
16 Ethereum Classic (ETC) $ 11.5038562535 2965506879.02 -0.61 %
17 NEM (XEM) $ 0.0454819175 29553422.0555 0.00 %
18 Rivetz (RVT) $ 0.007995 9993 -20.90 %
19 MaidSafe Coin (MAID) $ 0.1110 1367484.96476 -0.32 %
20 FunFair (FUN) $ 0.003110 659876.996354 -2.81 %
21 Paragon (PRG) $ 0.01592 362.34112 -12.81 %
22 Stratis (STRAT) $ 0.3037 985978.792886 -0.12 %
23 NavCoin (NAV) $ 0.1015 659640.563461 -1.83 %
24 Rise (RISE) $ 0.002627 44551.98061 3.45 %
25 Verge (XVG) $ 0.0037872163 759364.83599 5.08 %
26 Reddcoin (RDD) $ 0.0007190 40259681.7228 25.00 %
27 TenX (PAY) $ 0.05483 456707.500823 -0.13 %
28 Waves (WAVES) $ 0.8912100364 82970286.3014 1.84 %
29 Lisk (LSK) $ 1.0365054837 6082448.73385 6.17 %
30 KickCoin (KICK) $ 0.0000969519 57571.4577545 5.26 %
31 Monero (XMR) $ 72.1346716882 107010674.883 0.86 %
32 Komodo (KMD) $ 0.6368109417 2702396.03471 3.95 %
33 BitcoinDark (BTCD) $ 22.00 0 0.00 %
34 Dash (DASH) $ 129.41 44110.8016989 2.43 %
35 Gnosis (GNO) $ 15.82 542.73541475 -0.64 %
36 Populous (PPT) $ 0.5442 589469.581183 5.01 %
37 NEO (NEO) $ 11.5080200258 470747259.833 7.02 %
38 BitConnect Coin (BCCOIN) $ 1.00 0 0.00 %
39 Tether (USDT) $ 1.0003916102 40283398497.6 0.00 %

Biggest Gainers

# Name Price Volume (24h) % Change (24h)

Losers

# Name Price Volume (24h) % Change (24h)

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Are market conditions favoring Bitcoin’s reemergence in 2024?

CryptoNewsZ 16 Apr 2024
The crypto market enjoyed a speedy recovery in 2023 after a tumultuous bear market in 2022 that left many crypto companies insolvent ... Market Volatility ... These factors have resulted in the highly volatile crypto market that is still in an infant stage.
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Bear Market Blues Return as Analyst Predicts 30% Bitcoin Correction to $51K

CryptoPotato 16 Apr 2024
The bull market euphoria appears to have come to a screeching halt as the crypto market correction continues and digital assets keep dumping ... On April 15, market analyst Willy Woo said that if support at $58,900 breaks, “we move to a bear market.”.
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Bitcoin Selloff To Continue During Bitcoin Halving Event: Crypto.com CEO

CoinGape 16 Apr 2024
With the highly anticipated Bitcoin Halving event on the horizon, the crypto market is rife with both anticipation and apprehension ... Kris Marszalek, offers insights into the expected market dynamics.
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BlackRock Co-founder Predicts Market Comeback, Cites $9 Trillion Cash Pool

CoinGape 16 Apr 2024
Robert Kapito, BlackRock Inc.’s co-founder offers a cautiously optimistic outlook for the market, foreseeing a potential resurgence ... Kapito highlights a notable trend contributing to the dynamic of the equity market.
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Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst

NewsBTC 16 Apr 2024
The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns of a potential liquidation event that could negatively affect the short holders ... Analyst Insights And Market Dynamics.
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Cardano Price : What’s Happening With ADA Today?

CoinGape 16 Apr 2024
Cardano has touched the lowest price point of the month while attempting to recover despite the crypto market fall ... In this blog, let us discuss what’s happening with Cardano and how its performance is in the market ... Market Performance of Cardano.
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Expert Warns Against Buying Altcoins Dip, Here’s Why

CoinGape 16 Apr 2024
In a market rife with volatility, the CEO and founder of Into The Cryptoverse, Benjamin Cowen, has issued a warning ... Despite assertions from some users about the ongoing bull market, Cowen remains steadfast in his analysis.
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Bitcoin ETFs: Bloomberg Analyst Outlines US Market Supremacy Over Hong Kong

Bitcoinist 16 Apr 2024
According to Eric Balchunas, the combined asset pool held by US Spot Bitcoin ETFs is more than that of the entire Hong Kong ETF market ... their integration into established financial markets are growing.
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Bitcoin Price : Here’s Why BTC Price Falling?

CoinGape 16 Apr 2024
There are many developments happening with the coin, as it navigates through a market crash but is still anticipated to satisfy the hopes of investors and fans by rising in price after the upcoming Bitcoin halving.
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Hong Kong Bitcoin ETFs Expected To Lag Behind US Market With Meager $500M Inflows, Expert

Bitcoinist 16 Apr 2024
The Hong Kong Securities and Futures Commission (SFC) has granted official approval for spot Ethereum and Bitcoin ETFs, signifying a major milestone for the crypto market in the region ... market.
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Bitcoin Readying For A 12-Year Bull Run To $650,000 If Bulls Take Charge: Analyst

NewsBTC 16 Apr 2024
In a post on X, Woo said the coin could soar to as high as $91,000 in a bear bottom but soar to as high as $650,000 in a bull market top ... The MVRV is a metric that compares market capitalization to on-chain investment.
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South Korean Crypto Exchanges Witness Increased Competition Amid Fee War

Coin Edition 16 Apr 2024
Upbit is the top exchange in South Korea, with an 82% market share ... Kaiko in the report that the leading exchange in the South Korean market since 2021 has been Upbit, with an average market share of ...
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Bitcoin Will Rise Back to $70K

CoinChapter 16 Apr 2024
Market Reactions to Global Events. Geopolitical developments that affected global markets triggered Bitcoin’s volatility ... opted out of a potential counter-attack, calming the markets ... market lows.
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Bitcoin Investors In The Red: Losses Trump Profits As Ratio Dips Below 1

NewsBTC 16 Apr 2024
Historically, such a dip has often heralded a potential bottoming out of Bitcoin’s price, serving as a vital signal for market watchers ... This move could inject fresh capital into Bitcoin markets, ...
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BlockDAG’s Impressive Daily $5M Inflows Amid Cardano & Polkadot Growth

NULLTX 16 Apr 2024
BlockDAG is making waves in the cryptocurrency scene as its daily inflows surge from $1 million to an impressive $5 million, buoyed by the broader market dynamics, including a Cardano rally and the expansion within the Polkadot ecosystem.
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