Dogecoin

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 <p>A closely followed crypto analyst says that an all-time high of fresh capital has entered the digital assets market during the last 30 days.</p>
 <p>In a new thread, crypto strategist Ali Martinez tells his 55,500 followers on the social media platform X that the crypto markets have been inundated with record-high capital inflows in just the past month alone.</p>
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 <p><em>“The crypto market has witnessed the most significant capital influx ever, boasting an all-time high of $110 billion in fresh capital!”</em></p>
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption alignnone"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GJxHONRWwAEZsNx?format=jpg&amp;name=900x900" alt="GIjBRxAXAAE-jGP" width="1063" height="499">
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   Source: Ali Martinez/X
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 <p>Martinez goes on to highlight some whale activity in the last month, which includes deep-pocketed investors gobbling up massive amounts of the meme asset Dogecoin (DOGE) over a two-week period.</p>
 <p><em>“Dogecoin whales have purchased 1.40 billion DOGE over the past two weeks, worth around $280 million!”</em></p>
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GJ0aU2PWoAAwDcm?format=jpg&amp;name=4096x4096" alt="GIjBRxAXAAE-jGP" width="1063" height="499">
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   Source: Ali Martinez/X
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 <p>Dogecoin is trading for $0.213 at time of writing, a 6.74% increase during the last 24 hours.</p>
 <p>Moving on to the top crypto asset by market cap, Martinez says&nbsp;Bitcoin (BTC) appears to be forming a bullish technical pattern on the 30-minute chart. According to the trader, BTC may witness a breakout rally if it moves above its immediate resistance.</p>
 <p><em> “Bitcoin shows [an inverse] head-and-shoulders formation on the 30-minute chart. Should BTC maintain its position above the 200 EMA (exponential moving average) and surpass the neckline resistance at $71,580, we could anticipate a potential increase of 4.44%, targeting a price of $74,760.”</em></p>
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption alignnone"><img loading="lazy" decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GJ1VeLgWsAAX8zU?format=jpg&amp;name=4096x4096" alt="GIjBRxAXAAE-jGP" width="1063" height="499">
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   Source: Ali Martinez/X
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 <p>Bitcoin is trading for $70,468 at time of writing, a fractional increase on the day. On January 23rd, the flagship digital asset was trading for $39,833.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/all-time-high-110-000-000-000-in-fresh-capital-enters-crypto-market-in-just-30-days-says-crypto-analyst-tbt84096.html">https://thebittimes.com/all-time-high-110-000-000-000-in-fresh-capital-enters-crypto-market-in-just-30-days-says-crypto-analyst-tbt84096.html</a></p>

All-Time High $110,000,000,000 in Fresh Capital Enters Crypto Market in Just 30 Days, Says Crypto Analyst

TheBitTimes

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