The cryptocurrency market faced a sharp downturn as Bitcoin (BTC) retreated below $112,000 and Ethereum (ETH) dropped under $4,000 for the first time since early August. The sell-off, which erased 1.4% from the total market capitalization, appears closely tied to cautious remarks from Federal Reserve Chair Jerome Powell about the US economy. While gold gained ground, prompting economist Peter Schiff to declare a crypto bear market, the digital asset community remains divided on the long-term implications of this pullback.
about Bitcoin Drops Below $112K, Ethereum Under $4K in Market PullbackBitget Token
0 posts last weekBitget Token (BGB) Eyes $10-$20 Surge as Analysts Watch Key Support
Bitget Token (BGB) is demonstrating notable resilience, trading at $5.18 with a slight 0.62% gain, even as its 24-hour trading volume plunges 35.48%. This divergence highlights a market in cautious indecision, with analysts pinpointing $3.70 as a crucial support level that could unlock a parabolic move toward $10-$20. Conflicting forecasts for 2025 suggest a wide range of outcomes, from moderate gains to aggressive growth, placing BGB firmly on the watchlist for altcoin investors.
about Bitget Token (BGB) Eyes $10-$20 Surge as Analysts Watch Key SupportBitcoin Stalls at $118K as Litecoin Jumps 13%: Weekend Watch
Bitcoin’s price action remained subdued over the weekend, hovering around $118,000 after a volatile week that saw it reach a new all-time high (ATH) of over $123,000. Despite a brief correction, BTC defended the $116,000 level and attempted to reclaim $120,000. Meanwhile, Litecoin (LTC) emerged as the top performer among major altcoins, jumping 13% to trade above $115. The overall crypto market cap held steady near $3.95 trillion, with Ethereum, BNB, and ADA posting modest gains, while TRX and XRP saw slight declines. Bitcoin’s dominance over altcoins dipped further to 59.4% as altcoins like SUI and LINK also posted notable gains.
about Bitcoin Stalls at $118K as Litecoin Jumps 13%: Weekend WatchBitget Token Shows Bullish Pattern: Potential Buy Signal
Bitget Token (BGB) is currently trading at $3.70, with a market cap of $4.7 billion and a 24-hour trading volume of $144.32 million. The price is in an uptrend but trading in a Channel Down pattern, which often leads to a bullish breakout. Traders could consider entering at the $3.50 support level, aligned with the 200-day Moving Average, with an upside target of $5.00 and a stop loss at $3.10. Recent developments include a token burn initiative, staking opportunities with a 5% APY, and an updated Proof of Reserves showing a 213% reserve ratio. Technical indicators suggest a mixed trend, with short-term downward momentum but long-term upward potential.
about Bitget Token Shows Bullish Pattern: Potential Buy SignalAltcoins Experience Decline as Market Struggles to Maintain Momentum
Altcoins are experiencing significant declines, with Onyxcoin (XCN) leading the downturn, currently priced at $0.02285 and facing a potential drop to $0.010. Bitget Token (BGB) follows, trading at $5.12, with risks of falling to $3.30. Other notable performers include DeXe (DEXE) at $17.43, Ondo (ONDO) at $1.26, and Cronos (CRO) at $0.08747, all showing varying degrees of selling pressure and potential for further losses.
about Altcoins Experience Decline as Market Struggles to Maintain MomentumEmerging Crypto Tokens Promising Significant Returns for Investors
Investors are eyeing four promising tokens that could transform a $333 investment into $33,300, with Rexas Finance (RXS) leading the charge due to its innovative asset tokenization features and strong presale success. Sei (SEI) is also showing bullish indicators, while Bitget Token (BGB) and Cardano (ADA) demonstrate solid growth potential amid market volatility. Each token is backed by positive technical signals, suggesting a favorable outlook for early investors.
about Emerging Crypto Tokens Promising Significant Returns for InvestorsBGB and Chainlink Holders Eye Promising Lightchain AI Presale Opportunity
Holders of prominent tokens like Bitget Token (BGB) and Chainlink (LINK) are shifting their attention to a promising presale: Lightchain AI. This innovative project merges artificial intelligence with blockchain technology to tackle real-world challenges, attracting interest for its potential high returns.
about BGB and Chainlink Holders Eye Promising Lightchain AI Presale OpportunityXRP Leads Gains Amidst Cryptocurrency Market Decline Last Week
The cryptocurrency market faced significant declines last week, with Bitcoin and Ethereum dropping 4.88% and 11.63%, respectively. However, Bitget’s BGB token surged over 11%, while XRP rose 4.54% amid optimism surrounding a potential XRP exchange-traded fund approval. The global market cap fell 6.7% to $3.29 trillion.
about XRP Leads Gains Amidst Cryptocurrency Market Decline Last WeekXRP HBAR BGB and XMR Show Strength Amid Bitcoin’s Market Uncertainty
XRP, HBAR, BGB, and XMR are showing notable strength as Bitcoin faces resistance at the 20-day EMA, currently trading at $93,464.57. XRP’s market cap has reached $140 billion, with potential growth to $500 billion, while Monero targets $225 after breaking key resistance. HBAR struggles below support, and BGB remains in an uptrend, aiming for $8.50.
about XRP HBAR BGB and XMR Show Strength Amid Bitcoin's Market UncertaintyBitcoin Rises as Crypto Market Sees Mixed Performance on January 7 2025
On January 7, 2025, Bitcoin rose 1.42% to $100,852.31, bolstered by increased investor confidence, while Ethereum slipped 0.40% to $3,638.13. The global cryptocurrency market cap increased by 0.59% to $3.55 trillion, with a notable surge in trading volume by 30.16% to $127.63 billion, reflecting a “Greed” sentiment with a Fear & Greed Index score of 66. Top gainers included WLD (+5.58%), BGB (+5.24%), and ADA (+4.70%), while altcoins like Solana and SPX faced declines.
about Bitcoin Rises as Crypto Market Sees Mixed Performance on January 7 2025