Satoshi

Kaspa

Bitcoin

Captain

RebelSatoshi

<p>Whoever has been in crypto for a long time knows that weekends are usually very slow. We can’t really say this about this one.</p>
<p>On Sunday morning, Bitcoin price broke above $60k. Anytime BTC crosses a psychological level like this one, it’s a positive sign for crypto traders.</p>
<h2 class="wp-block-heading" id="bitcoin-price-pumping-but-why">Bitcoin Price Pumping, But Why?</h2>
<p>You’re never 100% sure in crypto. However, it’s widely known now that the <a href="https://captainaltcoin.com/how-much-bitcoin-did-german-government-sell-this-week-btc-price-holds/" target="_blank" rel="noopener noreferrer nofollow">German government sold over $3.3 billion in Bitcoin</a> in the last 24 days, as we reported yesterday. They actually sold all of their Bitcoin holdings.</p>
<p>This put massive pressure on the price, and BTC lost the $60k level at the beginning of July.</p>
<p>It then crashed to the $53k area.</p>
<p>However, as this sell-off finally ended yesterday, it looks like more belief in Bitcoin and crypto in general started, and bulls came into the picture.</p>
<p><em><strong>Read also: <a href="https://captainaltcoin.com/youtuber-predicts-kaspa-kas-price-is-about-to-explode-heres-how/" target="_blank" rel="noopener noreferrer nofollow">YouTuber Predicts Kaspa (KAS) Price is About to ‘Explode’ – Here’s How</a></strong></em></p>
<h2 class="wp-block-heading" id="are-there-any-other-news-on-bitcoin-and-altcoins">Are There Any Other News on Bitcoin and Altcoins?</h2>
<p>Notable news is definitely that the <a href="https://captainaltcoin.com/xrp-price-pumps-as-sec-announces-secret-meeting-is-it-about-ripple/" target="_blank" rel="noopener noreferrer nofollow">SEC announced a meeting</a> behind closed doors, and some sources noted it will be about Ripple and a possible settlement in that case.</p>
<p>The <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> price pumped 20% this week and is now trading above $0.5. However, it looks like this pump is slowing down today as the Ripple community awaits what will happen on July 18th, when this meeting is scheduled.</p>
<p>Moreover, ETH ETFs should start trading soon as these were approved in late May.</p>
<p>As Cointelegraph <a href="https://cointelegraph.com/news/ethereum-etf-inflows-10-billion-eth-new-highs-analyst" target="_blank" rel="noopener noreferrer nofollow">reported</a> on Friday, Ether ETFs could attract up to $10 billion in new inflows and propel ETH price to new ATHs later this year.</p>
<p>The whole Ethereum ecosystem looks like the <em>“most undervalued ecosystem in web3”</em> according to Michaël van de Poppe.</p>
<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">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ethereum</a> is the most undervalued ecosystem in the Web 3.0 space<br><br>This week I’ve learned that a lot is happening within the Ether ecosystem that social media doesn’t reflect. <br><br>The gap between fundamental growth and negative price sentiment has never been this big, that I’m very…</p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1811823492901253624?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 12, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<h2 class="wp-block-heading" id="conclusion-what-s-next">Conclusion – What’s Next?</h2>
<p>The momentum is definitely positive right now in the market. In fact, bulls might be able to push the BTC price even higher, with the $63k area potentially being the next target.</p>
<p>Bitcoin hasn’t traded above $63k for almost a month, so breaking this level would be another positive news for traders. Altcoins typically perform well when Bitcoin shows strength as well.</p>
<p>All in all, hold your bags. We at CaptainAltcoin eagerly await the next big leg up in this bull run and a positive H2 2024.</p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/heres-why-the-crypto-market-is-up-today-as-bitcoin-price-crosses-60k/" rel="noopener noreferrer nofollow">Here’s Why the Crypto Market is Up Today as Bitcoin Price Crosses $60k</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Here’s Why the Crypto Market is Up Today as Bitcoin Price Crosses $60k

目录

CaptainAltcoin

发布于 2024年7月14日的其他文章

Surging Bitcoin Clears $60k: Could $88k by Fall be Next on the Horizon?

Upcoming Altseason: Cryptocurrencies Poised for 50-100X Gains in 2024

ZachXBT Identifies Cryptocurrency Hackers and Warns Investors

King Doge (KINGDOGE) Memecoin Will Be the Next Viral Memecoin As It Prepares to Surge 16,000%

Russia’s Secret Plan: Bitcoin Trading Proposal Surfaces

MOONHOP’s Thrilling Ascent: Dethroning BOME’s Price Prediction & Commanding Cardano’s Voyage

订阅我们免费的电子期刊，获取每日最新加密领域动态！