Market Trends

A recent analysis by the market intelligence platform Santiment suggests that FOMO might not disrupt the current bullish trend in the cryptocurrency market.  Despite massive rallies across the market, the report from Santiment spotlights a surprising level of neutrality in market sentiment, which could allow continued growth as the uptrend matures.   https://twitter.com/santimentfeed/status/1863843202886672675 Notably, over the past 30 days, major altcoins …

TRON’s market value reached a new all-time high as the whale accumulation strengthened. TRON (TRX) rose by 16% in the past 24 hours and is trading at $0.236 at the time of writing. Its market cap surged to an ATH of $20.4 billion as the broader crypto market gained upward momentum. Source: crypto.news TRX’s daily trading volume also doubled to …

The global cryptocurrency market cap has corrected to $3.42 trillion as of Sunday, reflecting a nearly 10% drop from two weeks ago. Bitcoin (BTC), which attempted to reach $100,000 two weeks ago, was a key driver of last week’s market downturn. It retested the $90,000 support level before rebounding to over $97,200 at last check Sunday. Despite last week’s bearish …

Theta Network’s latest rally comes on the back of derivatives traders as its open interest hit a new all-time high. Theta Network (THETA) reached an eight-month high of $3.17 late Saturday as its daily trading volume skyrocketed 440% to $680 million. The asset witnessed a mild correction earlier today and is trading at $2.95 at the time of writing. See …

XRPLedger’s native token (XRP) gained 12% on Nov. 29 as the altcoin held steady above $1.7300, rallying alongside Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other leading cryptocurrencies. XRP on-chain indicators signal price growth  XRP traders increased their on-chain activity between Nov. 16 and 29, and Santiment recorded several spikes in the active addresses metric. The spikes represent the increase …

Bitcoin continues to face resistance at the psychologically important $100,000 threshold, and there has been a shift in investor focus from BTC to altcoins. Notably, tokens that rallied in the 2021 bull run and metaverse tokens like Decentraland and Sandbox have witnessed a resurgence in trade volume across centralized exchanges like Upbit.  Ethereum (ETH) has observed a spike in open …

Binance Coin price continued to consolidate at a key resistance level as its recent rally showed signs of losing momentum. The Binance Coin (BNB), the native token for the BSC network, was trading at $655 on Nov. 29. It has risen by 223% from its lowest level in 2023 and by 9% in November, underperforming most major cryptocurrencies. The BNB …

Ripple price is in a strong bull run, fueled by positive momentum and favorable ecosystem developments. Ripple (XRP) has risen for four consecutive weeks, reaching $1.70, its highest level since May 2021. The token has surged by over 240% this month, pushing its market capitalization above $96 billion. XRP’s rally stems from strong fundamentals, including significant legal victories and favorable …

Hyperliquid price surged significantly on heavy volume following its anticipated airdrop. Hyperliquid (HYPE) token spiked to $4.56 from an intraday low of $3.81, boosting its market capitalization to $1.5 billion and fully diluted valuation to $4.58 billion. This rally pushed Hyperliquid to become the 85th largest cryptocurrency by market capitalization. Hyperliquid’s rally coincided with the ongoing cryptocurrency rally as Bitcoin …

Algorand price experienced a strong bullish breakout on Nov. 29 as cryptocurrencies continued their uptrend. Algorand (ALGO), a top layer-1 network, surged to $0.40, marking its highest level since November 2022. The cryptocurrency has risen for four consecutive weeks, climbing over 240% from its lowest level this year. Crypto analysts are still optimistic about the ALGO price. In an X …