Bitcoin

MOON

Coin

<ul class="news-points"> 
 <li>Santiment has identified the four trends driving the crypto market in one of its best weeks in 2023.</li> 
 <li>The trends include $30K BTC, XRP and Ripple lawsuit, Reddit’s MOON and DONUT, Powell and the Fed.</li> 
 <li>Bitcoin reached $30K twice in the past few days.</li> 
</ul> 
Santiment, the market intelligence platform with on-chain and social metrics, has identified the four trends driving the crypto market in one of its best weeks in 2023. In a recent post on X (formerly Twitter), Santiment noted that the four trends include Bitcoin reaching $30,000 again, the<a href="https://coinedition.com/sec-accuses-ripple-of-slowing-the-lawsuit-to-keep-selling-xrp/"> XRP and Ripple lawsuit</a>, Reddit’s MOON and DONUT, and Jarome Powell and the Federal Reserve. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;"> These four topics are driving <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#crypto</a> during one of its best weeks of 2023: <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f449.png" alt="👉" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> hitting $30K (again) <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f449.png" alt="👉" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#XRP</a> and <a href="https://twitter.com/hashtag/Ripple?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Ripple</a> lawsuit <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f449.png" alt="👉" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Reddit?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Reddit</a>'s <a href="https://twitter.com/search?q=%24MOON&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$MOON</a> &amp; <a href="https://twitter.com/search?q=%24DONUT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$DONUT</a> <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f449.png" alt="👉" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Powell?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Powell</a> and the Fed Check out our breakdown of each as we head into the weekend! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/BFaK0kSduS" target="_blank" rel="nofollow">https://t.co/BFaK0kSduS</a> <a href="https://t.co/f0tP1coI7S" target="_blank" rel="nofollow">pic.twitter.com/f0tP1coI7S</a>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1715446927641510218?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 20, 2023</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
Santiment noted that Bitcoin reached the now-significant $30,000 mark twice in the past few days, although it dropped below that price each time. Amid the rising Bitcoin price, the <a href="https://coinedition.com/tag/sec/">Securities and Exchange Comm…</a>
The post <a rel="nofollow" href="https://coinedition.com/here-are-the-four-factors-behind-crypto-markets-latest-surge/">Here Are The Four Factors Behind Crypto Market’s Latest Surge</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Here Are The Four Factors Behind Crypto Market’s Latest Surge

Coin Edition

Other articles published on Oct 21, 2023

Fed highlights effects of geopolitical tensions on global economy

Crypto Turbulence: SHIB Navigates Shifting Global Sentiment

Evadore (EVA) Price Prediction 2024, 2025, 2030, 2040, and 2050

Costco Stock: Will the COST Stock Break Below 200 EMA Level?

Top 10 Altcoins Under $1 to Watch for Explosive Growth

Binance Expands Euro Services with New Fiat Partners Post-PaySafe Departure

Join our free newsletter for daily crypto updates!