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Jordan Lyanchev



Articles by Jordan Lyanchev

Cardano (ADA) Soars 9% Daily While Bitcoin (BTC) Nears $52K Again (Weekend Watch)

6 days ago

Bitcoin faced some untypical for the weekends volatility yesterday and dropped by roughly a grand and a half, but has recovered most losses and now sits close to $52,000.
Most altcoins have also turned green today, with ETH reclaiming the $2,800 level and SOL returning to $110.
BTC Heads Toward $52K Again
After closing last week with a 13% gain, BTC started the current one with another surge on Monday that drove it to $50,000 for the first time in over two years. The US CPI numbers on Tuesday brought some pain for the bulls as BTC dropped to $48,500, but that was short-lived, and the asset resumed its bullish trajectory almost immediately.
This led to breaking above $51,000 and $52,000 on Tuesday and Wednesday. Thursday saw yet more price gains, and BTC tapped $52,900 to

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These Altcoins Might Outperform Bitcoin (BTC) in 2024: Perplexity

7 days ago

Bitcoin’s start of 2024 has been quite impressive not only in price movements but also in terms of global adoption following the approvals of nearly a dozen spot BTC ETFs in the US.
With the fourth halving scheduled to take place in about two months, the primary cryptocurrency is expected to have a highly positive year, with some predictions indicating a price tag of up to $150,000, which would mean a 3x surge from this point.
However, once BTC starts to head north, so do some altcoins. After asking ChatGPT’s opinion, we decided to go to one of its main rivals – Perplexity – to see another point of view regarding best-performing altcoins coming from an AI chatbot.
ETH, SOL, AVAX, and More
Perplexity named six altcoins in particular that could have a more impressive 2024.

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Crypto Markets Cool Off After Recent Rally, Bitcoin (BTC) Stalls Below $52K (Weekend Watch)

7 days ago

After numerous consecutive days of charting impressive gains, Bitcoin has calmed at just under $52,000.
The altcoins have also stalled following the recent price surges, with ETH dipping below $2,800 and AVAX slipping below $40.
BTC Calms Below $52K
The primary cryptocurrency had a highly impressive run over the past ten days. It all started on February 7 when the asset finally broke out of its tight range in which it stood for a week – at around $43,000.
The bulls took complete control of the market and initiated a few consecutive price jumps that resulted in BTC knocking on the $50,000 door by the end of that week. After a brief rejection, the cryptocurrency went on the offensive once again and reclaimed that level on February 12 (Monday).
The US CPI numbers pushed it

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Over $200 Million Liquidated as Bitcoin (BTC) Price Dumps Almost $2K

11 days ago

Bitcoin’s price suffered a substantial correction today, a day after it finally broke above the coveted $50,000 line.
This has resulted in a large number of liquidated traders, as well as over $200 million of wrecked positions on a daily scale.
BTCUSD. Source: TradingViewAfter a positive last week, in which BTC soared from $43,000 to over $48,000, the asset had a relatively quiet weekend, standing at around the latter.
Monday started with a minor retracement that drove the cryptocurrency down by a few hundred dollars, but the bears were quick to intercept the market movement and reverse its trajectory.
Later that day, Bitcoin began another ascend that, this time, drove it to just over $50,000. This became its highest price tag in over two years.

However, as CryptoPotato

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Here’s How Bitcoin (BTC) Price Can Reach $112K This Year: CryptoQuant CEO

13 days ago

Bitcoin’s price is poised for an upcoming rally this year, and the best scenario can take the asset to above $100,000 for the first time ever, said the CEO of CryptoQuant – Ki Young Ju.
To do so, though, certain developments have to transpire, which are mostly related to the recently approved spot Bitcoin ETFs in the United States.
ETFs Behind BTC’s Upcoming Rally?
Ever since the entire crypto community and a bigger part of the traditional financial world started realizing that the SEC will inevitably approve spot Bitcoin ETFs sooner rather than later, experts speculated on whether these developments will be a sell-the-news event. That turned out to be true as BTC slumped by over ten grand in the first two weeks of ETF trading in January.
While there were debates on the

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Bitcoin Jumps to Monthly Peak Above $48K, Chainlink Explodes 11% to $20 (Weekend Watch)

13 days ago

Bitcoin continues its weekly run, and it jumped to a new monthly peak at $48,600 hours ago.
The altcoins have also turned green one more time, and the total market cap has reclaimed the coveted $1.8 trillion level.
BTC’s Run Continues
The primary cryptocurrency was trading sideways for much of the previous ten days. The asset had calmed after last week’s volatility and remained in a tight range at around $43,000 until Wednesday evening.
This is when the bulls gained control over the market and initiated a few consecutive leg-ups. At first, BTC jumped to $45,000, but that was just the beginning. The bulls kept the pressure on, and the cryptocurrency saw its price climb above $47,000 by the end of the business week.
Although most recent weekends have been quite sluggish,

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AVAX Soars 9% Daily, SOL Taps $110 as BTC Jumped Above $48K (Weekend Watch)

15 days ago

Bitcoin’s positive price performances continued in the past 24 hours as the asset jumped above $48,000 and marked a new monthly peak.
The altcoins are also in the green, with ETH tapping $2,500 and SOL jumping to $110.
BTC on the Rise
A lot can change in the cryptocurrency market within a week, and this is what happened to BTC in the past seven days. Last weekend, the asset had recovered from the most recent declines and stood at around $43,000.
The next several days were highly uneventful, and Bitcoin remained at that level aside from a few brief and minor pumps and dumps. However, the landscape finally started to change Wednesday evening and especially Thursday morning when BTC broke above its tight trading range and jumped to $45,000.
Friday provided even more gains as

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Bitcoin Explodes 10% Weekly to Monthly Peaks, MicroStrategy Reveals Latest BTC Purchase: This Week’s Crypto Recap

15 days ago

Last week, Bitcoin managed to recover a substantial portion of the ETF-induced losses that occurred in the two weeks after their approval but then stalled at around $43,000 for several consecutive days.
In fact, the asset remained at around that level from last Thursday to this Wednesday with little to no actual movements. That, though, started to change on Wednesday evening when the bulls finally stepped up on the gas and initiated an impressive leg up that resulted in tapping $45,000 by Thursday. The following 36 hours were equally as impressive.
This time, the primary digital asset jumped above $46,000 and $47,000. Moreover, it went as high as $47,700 (on Bitstamp) earlier today for the first time since the ETFs went live for trading on January 11.
This came amid

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Did Bitcoin (BTC) Price Indeed Bottom After the Unrealistic ETF-Related Market Expectations? (Analysis)

21 days ago

The US Securities and Exchange Commission made history in mid-January when it finally approved nearly a dozen spot BTC ETFs to launch on local exchanges after a decade of delays and rejections.
There was a big price run-up ahead of the approvals that resulted in a highly positive Q4 ’23 for BTC. However, the landscape changed on the day the ETFs launched in the US, and Bitcoin slumped by over ten grand in the following weeks. Has the asset finally bottomed?
The ETF Aftermath
All eyes in the financial world were on the US SEC at the start of the year, with multiple experts claiming that the regulator will finally allow spot Bitcoin ETFs in the country. As such, the anticipation led to a massive increase in BTC’s price, which soared past $40,000 for the first time in nearly

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Bitcoin’s Price Stands Still but These BTC Wallets Are Making Big Moves: Data

21 days ago

Bitcoin’s price actions in the past several days have been quite uneventful, with little to no movements after last week’s recovery from the sub-$40,000 dip.
However, data from Santiment shows that some of the largest investors have been using this moment to move sizeable portions of their holdings.

🐳 #Bitcoin is ranging between $41K and $44K, but whale wallets are moving big this week:
🔴 Number of 1K-10K $BTC Wallets: 1,958 on Feb. 1st (Most since November, 2022)🟡 Number of 100-1K $BTC Wallets: 13,735 on Feb. 1st (Least since November, 2022)https://t.co/MTOnjURnfV pic.twitter.com/QrxW8CH5c2
— Santiment (@santimentfeed) February 3, 2024

The analytics company highlighted the decline of certain wallets holding between 100 and 1,000 BTC. Such investors have dropped by 1.1%

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BTC Settles at Around $43K While ICP Soars 7% Daily (Weekend Watch)

21 days ago

After the enhanced volatility experienced lately, BTC has finally calmed at around the $43,000 mark.
Most altcoins are also untypically calm on a daily scale, aside from ICP and TIA – both of which have marked impressive gains.
BTC Stalls at $43K
Bitcoin slumped hard in the weeks following the approval and launch of nearly a dozen spot ETFs in the States and bottomed last Thursday at $38,500. The bulls finally managed to intervene at this point and didn’t allow any further declines.
Just the opposite, BTC started climbing in the following days and reclaimed the coveted $40,000 level last weekend. The start of the business week was even more impressive, with BTC soaring past $43,000 on a few occasions and tapping $43,750.
However, it couldn’t surpass that level and the

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Dogecoin (DOGE) Explodes 8% Daily, Bitcoin (BTC) Continues Trading Sideways (Weekend Watch)

January 21, 2024

Bitcoin’s untypical lack of volatility continues as the asset has failed to move during the weekend from the $41,500 mark.
Most altcoins are also quite sluggish now, with minor gains seen from the likes of ETH, SOL, XRP, BNB, and ADA.
BTC’s Stagnation Continues
The ETF approvals from last week came amid enhanced volatility that saw BTC going up and down by several thousand dollars. The peak came on Thursday when the products reached the US financial markets, and Bitcoin skyrocketed to a 21-month high of $49,000.
Hours later, though, all gains were erased, and a further dump to $41,500 came on Friday evening. As Saturday arrived, the cryptocurrency recovered a portion of its losses and stood at around $43,000. Since then, there have been very few actual price movements.
In

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Why Is Bitcoin (BTC) Price Down 15% Since the ETF Approvals? ChatGPT Rival Weighs in

January 20, 2024

Perhaps the most important development in terms of global validation for BTC in its 15-year-long history came last week when the US Securities and Exchange Commission finally greenlighted nearly a dozen spot Bitcoin ETFs to be traded on financial markets.
These approvals were long-anticipated by the crypto community, as well as traditional investors, but they turned out to be a sell-the-news event, after which the price of the underlying asset slumped by 15% in a week or so.
Why Is That?
Various experts speculated ahead of the approvals whether they had already been priced in as BTC had soared from around $30,000 to approximately $45,000 in the months leading to them. Those who believed Bitcoin would drop immediately after the ETFs launched on US markets were disappointed

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Bitcoin Defends $41K Level, Chainlink Gains 5% Daily (Weekend Watch)

January 20, 2024

Bitcoin dumped once more yesterday to a new monthly low of under $40,500, but it reacted well and dumped above $42,000 hours later.
The altcoins continue to be quite sluggish, with little to no movements, aside from LINK, which has jumped by around 5%.
BTC’s Declines
The primary cryptocurrency had two completely different weeks. Last week, it soared past $49,000 on the day that 11 spot BTC ETFs reached the US markets and dumped by more than three grand later. The landscape worsened as Friday was coming to an end. Overall, BTC had lost over $7,000 in about 36 hours in what turned out to be a sell-the-news event.
After recovering some ground and reaching $43,000 during the weekend, the asset calmed and traded sideways for almost a week. However, another price decline

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Ethereum (ETH) Outperformed Bitcoin (BTC) During ETF Approval Week (Market Watch)

January 14, 2024

Bitcoin has calmed at around $43,000 after the recent volatility propelled by the US Securities and Exchange Commission and the launch of 11 spot ETFs.
On a weekly scale, though, BTC is in the red, unlike most cryptocurrencies, such as ETH, which has soared by double digits.
BTC Down on ETF Approval Week
After years and years of delaying and rejecting countless applications, the US securities regulator finally greenlighted spot Bitcoin ETFs on Wednesday, and the products reached the markets a day later.
The whole development didn’t go without a few downturns, including a hack and a controversial statement by the SEC’s chair, Gary Gensler. This resulted in enhanced volatility for the underlying asset, which soared to over $49,000 on Thursday after the ETFs went live and

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Was the Spot Bitcoin ETF Approval Sell-the-News Event? BTC Tumbled by $7K in 2 Days

January 13, 2024

Arguably the most anticipated development in the cryptocurrency industry over the past decade became reality earlier this week when the US Securities and Exchange Commission greenlighted numerous spot Bitcoin ETFs.
11 such products reached the markets on Thursday, and the volumes exceeded $4 billion on the first trading day. Amid this, BTC faced mindblowing volatility that included a price dump from over $49,000 to under $42,000.
Was it Bound to Happen?
Bitcoin skyrocketed to over $49,000 for the first time in nearly two years on Thursday, just hours after the ETFs went live on the US markets. Hours later, the asset fell by three grand. On Friday, the landscape worsened as the cryptocurrency plummeted to $41,500. This meant that the asset lost more than $7,000 in just over

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After Bitcoin, Will the SEC Greenlight Spot Ethereum (ETH) ETF This Year? (Poll)

January 13, 2024

The US Securities and Exchange Commission finally greenlighted a spot Bitcoin ETF earlier this week, although in a slightly reluctant fashion.
Now, speculations are starting to arise on when the agency will do the same in terms of an exchange-traded fund tracking the performance of the second-largest cryptocurrency.
When ETH ETF?
2023 will go down in history as the year with the most news and developments in terms of ETFs as numerous companies filed for such products for BTC and ETH. Perhaps the trend intensified after BlackRock did so in the middle of the year, and many others followed.
With already nearly a dozen BTC ETFs trading on US stock markets, the focus has now shifted to other cryptocurrencies, such as Ethereum. Currently, several companies have filed to launch

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ETF Hype Over? Bitcoin (BTC) Price Dumped to 2024 Lows of $41.5K (Weekend Watch)

January 13, 2024

The highly volatile moves after the approval of the first US spot Bitcoin ETFs continued in the past 24 hours, with a massive dump to under $41,600.
The altcoins have suffered just as badly, with SOL, ADA, AVAX, and others slumping by more than 5-6% in the same timeframe.
BTC’s Volatility Returns
Bitcoin and the entire cryptocurrency industry had a very eventful week, in which the US SEC was expected to approve the first spot BTC ETFs in the country. While that indeed transpired on Wednesday, it didn’t go without its own set of hiccups, including a hack on the previous day with fake news, deleted and reposted statements, as well as controversial words from the agency’s chairman – Gary Gensler.
Naturally, this all resulted in enhanced volatility, with multiple massive price

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ETF Aftermath? Over $300 Million in Liquidations as Bitcoin (BTC) Dumps by $3K in Minutes

January 11, 2024

Bitcoin soared past $49,000 hours ago after the first ETFs reached the US market but plummeted by over three grand in the following minutes.
This resulted in a lot of pain for over-leveraged traders, as the total value of liquidated positions has soared to well over $300 million on a daily scale.

January 10, 2024, will go down in history as one of the most prominent dates for the cryptocurrency industry as the US SEC finally greenlighted spot exchange-traded funds tracking the performance of the largest digital asset.
As the approvals didn’t go without hiccups, the asset faced enhanced volatility with several large price movements. All eyes were on the US today, as the ETFs were set to go live on a few stock exchanges.

The first few hours were highly successful as these

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This Week’s Best and Worst Performers Revealed as BTC Settles at $44k (Weekend Watch)

January 7, 2024

After the highly volatile first business week of the new year, BTC has calmed slightly and remained at around $44,000.
Most altcoins are also quieter today, but the weekly charts showcase a different story, with numerous ups and downs.
BTC Stalls at $44K
It’s safe to say that the first week of 2024 was quite eventful. It all started with a massive leg-up on Tuesday that drove the primary cryptocurrency to a 21-month peak at nearly $46,000, perhaps fueled by anticipations of an upcoming ETF approval.
Reports that there will be no such product coming to light anytime soon, though, resulted in the opposite direction. Bitcoin slumped by over four grand in hours and dumped to $41,500. As these speculations were refuted, the asset went on the offensive once again.
This

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Bitcoin Halving and Approved BTC ETF Will Enhannce Adoption: Tether CEO Paolo Ardoino (Interview)

January 6, 2024

Will Tether go public any time soon? What are the new CEO’s plans for the company? What is keet io? Why is the Bitcoin Lightning network the best BTC payment solution? These and many more questions were answered by Paolo Ardoino, the new chief exec of the company behind the world’s largest stablecoin, in a recent interview with CryptoPotato.
Additionally, he spoke about another project of his – keet io, which serves as a peer-to-peer web conferencing tool.
Last but not least, Ardoino gave his two cents about BTC’s current rally, the halving, and whether or not there will finally be a spot Bitcoin ETF in the US.
Changes in Tether
During the first interview Ardoino had with CryptoPotato almost two years ago, the then-CTO refuted the claims that the company had any intentions

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Bitcoin Dominance Soars as These Altcoins Bleed Out (Weekend Watch)

January 6, 2024

Bitcoin faced enhanced volatility on Friday as well, dumping in minutes to $42,600 before jumping to $44,400 and ultimately settling below $44,000.
Many altcoins have charted massive price declines over the past 24 hours, with AVAX, ADA, SOL, and LINK leading this adverse trend.
Dominance on the Rise: Bitcoin
Although it has been less than a week since the start of the new year, BTC has already recorded several massive price movements in either direction. It all started on Tuesday with a surge from $42,500 to a 21-month peak at almost $46,000.
Then came reports that the SEC plans to reject all pending ETF proposals, which sent the primary cryptocurrency south hard. In a matter of minutes, the asset slumped by nearly five grand to $41,500.
The bulls intercepted the move at

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Here’s When the SEC Will Approve a Spot Bitcoin ETF, According to Perplexity AI

January 6, 2024

The Securities and Exchange Commission has been in the crypto community’s minds for the past few years, mainly due to the attacks it launched against numerous companies and projects.
Now, though, the agency is expected to finally greenlight a spot Bitcoin ETF in the US after a decade of rejecting all proposals.
ETF Next Week?
The start of the new year began a lot of hope for crypto investors and all the companies that have filed with the SEC to launch a spot BTC ETF in the States. It also resulted in a rally on the second day of 2024, followed by a massive rejection driven by reports that the Commission has no intentions of allowing such a product to reach the markets anytime soon.
While many experts have refuted these speculations, BTC’s price slumped by nearly five grand

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3 Possible Reasons Behind Bitcoin’s (BTC) $4,000 Price Drop Today

January 3, 2024

Bitcoin had an impressive start to the year as it soared by more than three grand on the second day of the year, reaching its highest price point since April 2022 at almost $46,000.
The rally came to an abrupt end today, and here are some of the possible reasons behind that nosedive.
BTCUSD. Source: TradingViewSEC to Reject All ETF Proposals?
All eyes in the crypto community in the past several months have been on the US Securities and Exchange Commission and the possibility of it finally approving a spot Bitcoin ETF. Although the agency has delayed or rejected numerous previous applications, the overall sentiment is different this time around, mainly because of the inclusion of financial behemoths like BlackRock, Fidelity, WisdomTree, and others.
Moreover, experts have

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Ripple, Solana, Shiba Inu, or Bitcoin: Crypto Assets to Watch in 2024, According to ChatGPT Rival

December 31, 2023

2023 is at its end and can be easily categorized as a positive year for the cryptocurrency sector, especially its end. Many digital assets recorded triple- and even quadruple-digit gains, which leads to the question of what could happen in the next 12 months.
According to a popular AI chatbot – Perplexity – several altcoins, alongside Bitcoin, stand out as the ones to watch in 2024.
Will 2024 Be the Year of Bitcoin?
As reported earlier, the primary cryptocurrency outperformed almost all traditional financial assets in 2023. Its gains, even though the year still has some hours left in it, are firm within the triple-digit territory of around 150%.
The indications for next year are similarly bullish. After countless rejections of spot Bitcoin ETFs from numerous companies, the

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2023 Aftermath: By How Much Did Bitcoin Outperform S&P 500, NASDAQ, Dow Jones, and Gold?

December 31, 2023

It was another challenging year as one war continued without an evident conclusion (Russia-Ukraine), and another one broke out in the Middle East. Numerous countries are trying to fight off the increasing inflation, some with bigger success than others.
With just hours left of 2023, it’s interesting to compare the performance of the world’s largest stock market indexes, gold, which typically performs better during uncertain times, and Bitcoin – an asset that has been proclaimed dead numerous times in the past but still keeps coming back.
How Did Traditional Assets Perform in 2023
Starting with perhaps the most well-known US stock market index – the Standard and Poor’s 500. It tracks the performance of the 500 largest companies listed on stock exchanges in the US and is

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BSV Skyrockets 110% Weekly and Taps $100, BTC Struggles Below $42K (Weekend Watch)

December 30, 2023

Bitcoin failed at $43,000 yesterday, and the subsequent rejection pushed the asset hard south to a 12-day low of under $41,400.
Most larger-cap alts have also retraced on a daily scale, with SOL and AVAX losing the most (around 6% each).
BTC Stopped at $43K
Ever since last weekend, when BTC failed to decisively overcome $44,000, the asset has struggled to maintain its momentum. It started losing value at the start of the business week, which resulted in a price drop to $41,600 on Tuesday.
The bulls came out of hiding at this point and propelled an impressive leg up that pushed the asset to just under $44,000 a day later. However, this move was short-lived, and BTC quickly retraced by over a grand.
Friday saw another push that brought bitcoin to just over $43,000. Yet, the

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Bitcoin Critic Jamie Dimon’s JPMorgan to Buy BTC on Behalf of BlackRock’s ETF

December 30, 2023

The amendments for spot Bitcoin ETF applications continue, with BlackRock naming Jane Street Capital and JPMorgan Securities as the authorized participants for its own exchange-traded fund, should it receive the green light from the US SEC.
What’s particularly interesting is the involvement of JPM, whose CEO just recently urged the US government to close down Bitcoin.
JPM, Jane Street Named as APs
Global financial behemoths, such as BlackRock, Fidelity, VanEck, and Valkyrie, continue with their efforts to launch spot Bitcoin ETFs in the States. Although the local securities regulator has been persistent in the past with rejecting or delaying applications, the landscape seems quite different now, and the general estimates show that such a product could see the light of day

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These Are This Week’s Top Performers as Bitcoin Price Defends $43K (Market Watch)

December 25, 2023

Bitcoin dropped on Christmas Eve by roughly a grand and briefly went below $43,000 but has managed to bounce off above that level as of now.
Polkadot is the top performer from the larger-cap alts now, with a 5% increase on a daily scale. In contrast, SOL and AVAX have cooled off after the recent rallies.
BTC Down to $43K
After the unfavorable start of the previous business week, bitcoin went on the offensive on Wednesday and Friday and spiked above $44,000 during both trading days. However, the bears were quick to intercept the moves and didn’t allow any further increases.
Moreover, BTC couldn’t even maintain its position above the $44,000 line and was pushed back down a bit. In fact, the following few days were quite sluggish, as the cryptocurrency remained in a tight

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Solana Soars Past $100 With 17% Surge, Bitcoin Sluggish Beneath $44K (Weekend Watch)

December 24, 2023

Bitcoin came close to $44,000 hours ago, but it was rejected there and pushed south by about $500.
Most altcoins trade quietly on Christmas Eve, but Solana has gone on a tear once again and has definitively surpassed BNB as the fourth-largest cryptocurrency.
SOL Becomes 4th
It’s safe to say that Solana’s native token has been at the forefront of the recent price rally among the altcoins. The past week alone brought a 55% surge for SOL. On a daily scale, the asset is up by over 16%. As a result, it skyrocketed to over $110 for the first time in almost two years.
Quite a few other alts have posted impressive daily gains, including DOT (8%), UNI (5.5%), NEAR (11%), OP (10%), and INJ (5%).
In contrast, ETH, XRP, ADA, DOGE, BNB, TRX, LINK, AVAX, MATIC, and TON sit with either

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