Bitcoin Holds Key $64K Support, Altcoins Steady

Visit Our Most Successful Binance Futures channel for FREE crypto trading strategy, world class Binance Futures AI Bot, Futures Leverage Bot and assistance on crypto trading – https://telegram.me/binancefuturesignal

Despite the latest developments on the US/Iran war front, most cryptocurrencies have remained stable.

Bitcoin experienced some volatility on Sunday evening after the unsuccessful conclusion of the peace talks in Switzerland, but it rebounded from $63,300 and was stopped at $64,800.

Most larger-cap altcoins have remained stable as well, with ETH closing at $1,750 and SOL aiming at $75.

BTC Back at $64K
It was a week ago when US President Donald Trump said his country and Iran had reached a deal that was supposed to be signed by June 19. Bitcoin rocketed on the news, going from under $64,000 to over $67,000 within a day. However, it couldn’t maintain its run and dipped to its starting point ahead of the latest FOMC meeting.

Before and after the Fed’s expected announcement of keeping the rates unchanged, the cryptocurrency went to $66,400 before it plunged by four grand, especially since the new Chairman of the central bank remained hawkish.

The bulls finally intervened at this point and helped BTC recover some ground. The asset climbed to $63,000-$64,000 over the weekend and remained there for the most part aside from a brief deviation to $63,200 and $64,800. That came after the new threats from Trump against Iran and the conclusion of the meeting between the two sides in Switzerland.

Nevertheless, BTC has returned to $64,000 as of press time. Its market cap is at $1.285 trillion, while its dominance over the alts is still at 56.2% on CG.

By joining our Binance signal service, you can follow the Binance Futures Market trades of our experienced traders.

Our high-performance signals are trusted by many traders. You can rely on our experienced traders for reliable signals.

It’s easy to grow your Binance account by being part of our community.

With 6 years of experience, our team understands market fluctuations in the Bitcoin industry.

Join our Crypto Signals Pro Group to get the same benefits as our current members.

Comments

Post a Comment

Popular posts from this blog

Zcash Leads Market Gains, Bitcoin Climbs Above $103K

Image
Visit the link and get free insights on the Crypto trading signals, profitable Alt coins and Automated Bot trading – https://telegram.me/binancefuturesignal Bitcoin’s gradual price recovery after the Monday and Tuesday calamity helped the asset jump past $104,000 earlier today, where it faced immediate selling pressure. XRP is among the top performers from the larger-cap alts, but its 3.6% surge has been dwarfed by ZEC and ICP. BTC Tapped $104K The primary cryptocurrency had a volatile last week when it was stopped at $116,000 and pushed south to around $111,000 before the US Fed cut the interest rates on Wednesday. Surprisingly to some, it dropped after that to under $107,000 but quickly bounced off and returned to $111,000 during the weekend. 22% Profit made on #ZEC/USDT Our team consists of top-notch professionals with a deep understanding of market behavior and trends. We have a skilled team of full-time crypto traders who excel in market analysis and trading. Follow the link provi...
Read more

How $125K Became $43M in an ETH Trade

Visit this link to consistently profit in Binance futures trading, receive free bitcoin trading signals, and access the Cornix trading Bot for optimal automated trades:  https://telegram.me/cryptosignalalert. Download our free app to receive signals on your mobile device:  https://play.google.com/store/apps/details?id=com.freecryptosignals.app The $303-million ETH long position A crypto trader managed to turn a $125,000 deposit into one of the largest Ether positions ever seen on Hyperliquid .  Over four months, they compounded every gain into a single Ether long, eventually controlling more than $303 million in exposure. At its peak, his equity hit $43 million. When the market began to reverse, they closed the trade entirely, walking away with $6.86 million in realized profit (a 55x return on the initial stake). This outcome shows both the extraordinary potential of aggressive compounding and leverage and how easily it could have unraveled in the opposite direction. Did...
Read more

ZEC Hits 7-Year Peak, BTC Wobbles Near $110K

Image
Visit Our Most Successful Binance Futures channel for FREE crypto trading strategy –  https://telegram.me/binancefuturesignal Bitcoin’s price instability continued in the past 24 hours as the asset failed at over $111,500 and slipped back down to familiar territory of around $110,000. Most altcoins are with minor gains within the same timeframe, aside from TAO and ZEC, which have exploded by double digits, and Figure Heloc, which has skyrocketed by more than 300%. BTC Unstable at $110K The macro perspective received several positive news in the past ten days or so, starting from the lower-than-expected inflation numbers for September announced last Friday. Then, the US Federal Reserve cut the interest rates on Wednesday, as expected, while China and the US reached some preliminary consensus on trade frictions. Huge profits made from this call We are the Number# 1 Binance Futures Signals Pro Group due to the fact that our signals have high success ratio. You will receive everything ...
Read more