In Today’s Crypto News:
US stocks have tumbled, and Bitcoin remains stuck at $95K. The question everyone is asking: Is the much-anticipated Santa Rally over, or is it just getting started? DM us and share your thoughts!
Coinbase has revealed the five highest trading altcoins by average daily volume: SUI-PERP, NEAR-PERP, 1000PEPE-PERP, 1000SATS-PERP, and WIF-PERP. These coins have seen the largest trading activity in recent days.
Meanwhile, BlackRock has doubled down on its Bitcoin exposure through its Global Allocation Fund, which now holds over $17 million worth of spot Bitcoin shares.
Many analysts are predicting that XRP could hit $27. While some believe this could happen by next year, I’m not entirely convinced it will reach that price in such a short time frame. However, I do think it will eventually get there, considering the strong fundamentals behind the coin.
Whales are reportedly accumulating Bitcoin in secret. What’s your take on why this might be happening?
In other news, Solana (SOL) is nearing the $183 support level, which could spell trouble for the coin. However, there are still those who believe there might be upward momentum for Solana.
As for the Santa Rally, Bitcoin’s performance so far this year hasn’t shown the type of spike typically associated with this phenomenon. Meanwhile, XRP and Dogecoin (DOGE) have also seen declines recently, leaving many wondering about their future potential.
Let us know your thoughts on the Santa Rally in the comments. Remember, this blog is just a roundup of crypto news—always make sure to do your own research. It’s incredibly important!
Thank you,
Crypto King
