Market Trends

Chainlink price continued its strong uptrend as it rose for three consecutive weeks, reaching its highest level since January 2022. Chainlink (LINK), the biggest oracle network in the blockchain industry, rose to a high of $26.40, pushing its market cap to over $16 billion. The rally coincided with the ongoing accumulation by whales. In an X post, Lookonchain identified one …

Meme coins are gaining traction and whales are likely to push the assets further as the market cap hits a new all-time high. According to the market intelligence platform Santiment, leading meme coins show signs of “mini breakouts.” These assets see notable spikes in their social activity over the last eight days. https://twitter.com/santimentfeed/status/1865621956399153273 Large meme coin holders would likely push …

The crypto market just wrapped a highly bullish phase, with the global crypto market cap surging by $220 billion to reach a record-high valuation of $3.8 billion as of Sunday. This upward trend was largely driven by Bitcoin (BTC), which surpassed the $100,000 milestone. However, several altcoins also capitalized on the momentum, achieving massive gains. Following their noteworthy performances last …

Ripple and TRON posted over 50% weekly gains and the two altcoins could continue their climb in the altcoin season. As Bitcoin slips under the $100,000 level, it dragged altcoins down with a market-wide correction on Friday.  XRP (XRP) and TRON (TRX) could recover and extend the rally next week, according to on-chain and technical indicators.  Bitcoin erases recent gains, …

The Aerodrome Finance token continued its strong rally, rising for eight consecutive days as trading volume increased and smart money investors entered the market. Aerodrome (AERO) price rose to a high of $1.9446 on Dec. 6, its highest level since April 24. According to DeFi Llama, the decentralized exchange network processed coins worth $7 billion in the past 30 days. …

Bitcoin price has performed well this week, crossing the important milestone of $100,000 and peaking at $104,000. Bitcoin (BTC) surge occured as data indicated continued investor appetite for the digital currency, even at a six-digit price. Notably, data from SoSoValue shows that spot Bitcoin exchange-traded funds saw a net inflow of over $33 billion.  These funds now hold a record …

JasmyCoin price went parabolic this week, reaching its highest level since 2022 as Bitcoin rallied and after starting a partnership with IoTeX. JasmyCoin (JASMY), popularly known as Japan’s Bitcoin (BTC), was trading at $0.052, up by 1,000% from its lowest level this year.  The coin’s rally was largely attributed to Bitcoin’s surge, which hit a record high of $104,000 on …

Shiba Inu and Pepe have become two of the largest meme coins in the crypto industry, boasting a combined market cap of nearly $30 billion. Pepe (PEPE) trading at $0.00002200, up by over 3,700% from its lowest level in 2023. Similarly, Shiba Inu (SHIB) has surged over 17,000% from its all-time low, elevating its valuation to more than $18 billion. …

MicroStrategy stock price has dropped 27% from its highest level this year, despite Bitcoin reaching a record high. MSTR shares were trading at $390 on Dec. 6, continuing a decline that began on Nov. 21, when the stock peaked at $541. Even with this pullback, MicroStrategy remains one of the best-performing stocks this year, up over 500%, with a market …

XRP hit the market with hundreds of per cent of growth and made it enter the top 3 cryptocurrencies in the world after Bitcoin and Ethereum, but not today anymore. Ripple Labs’s popular token XRP (XRP) has seen a major decrease of 12% to $127 billion in market capitalization in just a day of trading. In contrast, this token became …