November 11, 2024

The Stellar 12% Surge in BTC/XAU Signals a Market Shift

Bitcoin, the leading cryptocurrency by market value, jumped nearly 10% to record highs above $76,000 Wednesday, as the pro-crypto Republican candidate Donald Trump won the U.S. presidential election. Meanwhile, gold fell 3% to $2,658. As such, the BTC/gold (BTC/XAU) ratio surged 12% Wednesday, registering BTC’s biggest single-day outperformance relative to gold since Feb. 28, 2022, according to charting platform TradingView. Source link

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November 11, 2024

Cardano Climbs 10% In a Green Day By Investing.com

Investing.com – Cardano was trading at $0.4892 by 18:43 (23:43 GMT) on the Investing.com Index on Saturday, up 10.16% on the day. It was the largest one-day percentage gain since November 9. The move upwards pushed Cardano’s market cap up to $16.9450B, or 0.64% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B. Cardano had traded in a range of $0.4275 to $0.4893 in the

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November 11, 2024

Bitcoin (BTC) Registers Fourth-Best Day of 2024 as BlackRock’s IBIT ETF Posts Record Volume

To provide some historical context, ETF trade volume reached a $9.9 billion peak during the March bull run, according to data from checkonchain. Total trade volume on Nov. 6 reached approximately $76 billion, comprising futures volume of $62 billion, spot volume of $8 billion and ETF trade volume of $6 billion, so ETF trade volume is still a small percentage of the total. Source link

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November 11, 2024

Cardano Climbs 18% In a Green Day By Investing.com

Investing.com – Cardano was trading at $0.5862 by 18:45 (23:45 GMT) on the Investing.com Index on Sunday, up 18.31% on the day. It was the largest one-day percentage gain since November 10. The move upwards pushed Cardano’s market cap up to $20.6110B, or 0.75% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B. Cardano had traded in a range of $0.4888 to $0.6591 in the

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November 11, 2024

Santiment Says Retail FOMO About To Hit Cardano, Sees Ethereum-Based Coin Decoupling From Altcoin Pack

Smart contract platform Cardano (ADA) could soon witness retail fear of missing out (FOMO), according to crypto analytics platform Santiment. In a new thread on the social media platform X, Santiment says that ADA’s surprising 25% jump last week will prompt retail investors to jump into the crypto asset. “Cardano has been one of the notable surprise altcoins taking flight during this crypto-wide pump. Now up over +25% in the

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